Upside Business Travel Leads TMC Distribution Race, Lands Omega World Travel

Upside Business Travel | September 02, 2020

Upside Business Travel ("Upside"), the one-stop-shop corporate travel platform, will power the digital travel experience for Omega World Travel ("Omega") clients. The strategic partnership will be unveiled at Omega's virtual booth at BTN Group's Business Travel Show America conference on September 9-10, 2020.
"Like everyone in the travel space, the pandemic has forced Upside to rethink its long-term strategy for serving the business travel market," said Jason Wynn, Chief Commercial Officer at Upside Business Travel. "The core of any go-forward strategy is our technology. From the very beginning of the company, we have been investing in building a flexible, scalable technology platform that can support a modern and, importantly, a quickly changing travel experience."

Spotlight

Risk management is a fundamental element of corporate travel management. With the number of risks present – from terrorism, natural disasters, to medical emergencies and culture shock – it is only imperative for businesses to be proactive in ensuring the health and safety of their business travellers.

Spotlight

Risk management is a fundamental element of corporate travel management. With the number of risks present – from terrorism, natural disasters, to medical emergencies and culture shock – it is only imperative for businesses to be proactive in ensuring the health and safety of their business travellers.

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INDUSTRY OUTLOOK

Jurny Raises $9.5M to Redefine Property and Guest Management for the New Age of Travel

Jurny, Inc. | October 04, 2021

Jurny, Inc., the hospitality tech company powering operations and modern guest experiences for some of the world's most exceptional independent hotel brands, vacation and short-term rental (STR) properties, announced it raised an additional $9.5M in capital, in a round led by Mucker Capital. In part, the funds are being utilized to accelerate the global expansion of its latest product offering, Jurny Virtual. The new offering provides a simplified, fully-connected tech stack by seamlessly integrating and connecting most major channel management (CMS), point of sale (POS), room management (RMS), facility management (FMS), marketing and smart home tech solutions in one, easy-to-navigate operator dashboard. "Our mission is to help small- to medium-sized operators and hotel owners access a premium ecosystem that offers the benefit of economies of scale, not yet available to even some of the world's largest hotel chains, Jurny Virtual is revolutionizing the industry by providing a premier service at a much lower cost, including time, without requiring an upfront investment." said Luca Zambello, Co-Founder and CEO at Jurny "Operators using Jurny's best-in-class tech are seeing, on average, a 20% increase in revenue, 50% decrease in overhead costs and 2x net operating income (NOI) within the first 30 days of implementation," said Erik Rannala, Co-Founder and Managing Partner at Mucker Capital. "These numbers are unmatched in the industry and illustrate that Jurny and its customers are positioned to dominate the global hotel, short-term and vacation rental management market." Jurny Virtual provides hotel owners and property managers with a comprehensive solution to automate and streamline operations. In addition to the tech stack, Jurny provides additional services like 24/7 inquiry support and virtual concierge, access control, guest screening, review management, accounting and more - all easily accessible for owners in a single location to manage their entire operations. "The unpredictable global events that unfolded over the past 18 months have undoubtedly changed the travel landscape forever, leaving in its wake an unprecedented number of property owners and operators struggling to recover losses and grappling with the complexities of change in the marketplace," said David Phillips, Co-Founder and President at Jurny. "Designed to help independent lodging operators and management companies navigate the shifting market demands, Jurny Virtual provides a single, affordable and easy-to-implement solution for the tools and technology required to compete and thrive in today's rapidly evolving environment." The Jurny management team is composed of hospitality industry veterans and tech insiders, including former executives of Melia Hotels International, Eurostars Hotels, The Chateau Marmont Hotel and Galeno Group. Its investment team and board of advisors include former senior management from eBay, Intel Corp., Sun Microsystems, Mattel and TripAdvisor. Jurny is headquartered in Los Angeles, with offices around the world. The company's vertically integrated model is designed to address redundancies, reduce overhead and increase profits for stakeholders. In the past year, Jurny has more than doubled the number of units under its platform with a growing presence in major cities across the globe. About Jurny Jurny is a hospitality tech company founded for operators, by operators. The company offers SaaS and hardware solutions for hotel owners and property managers designed to accommodate the modern traveler. From design to implementation, Jurny's one-stop solution enables an industry-first true automated experience from check-in to check-out for both guests and hosts, resulting in flawless operations and increased profits. Jurny is pioneering the next generation of tech-first, on-demand hospitality.

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DESTINATION AND TOURISM

Nobu Hospitality to Launch a Hotel and Restaurant on the Stunning Island of Santorini, Greece

Nobu Hospitality | January 19, 2022

Nobu Hospitality, the global lifestyle brand founded by Nobu Matsuhisa, Robert De Niro, and Meir Teper, is delighted to announce its first hotel and restaurant in Greece – the Nobu Hotel and Restaurant Santorini, scheduled to open in spring 2022.Situated on the island's captivating northeast coast, the boutique hotel houses a signature Nobu Restaurant, full-service spa, fitness facility, dual-level infinity pool, and five luxurious pool villas, and offers panoramic views of both the Caldera and Aegean Sea from its unique clifftop location in Imerovigli. Just a 10-minute drive to the charming coastal town of Oia and 20 minutes from Santorini (Thira) International Airport, the hotel is well-positioned along the famed Oia-Fira hiking trail that runs between Oia and Fira, Santorini's cosmopolitan capital. Nobu Hospitality has entered a long-term management agreement with MonteRock International (MRI), a group with over 25 years of experience in a variety of core industries including hospitality, media, food & beverage, real estate, banking, and industrial technology. "We are very excited to be coming to Santorini and to work with the local community on this exciting project. Santorini is one of the most highly regarded destinations in the world with its rare beauty, famed for its distinctive cuisine, whitewashed architecture set with a backdrop of steep cliffs, and dramatic sunsets lighting the sea and sky. We look forward to inviting locals and international travellers alike to experience the Nobu lifestyle in this special destination." -Trevor Horwell, Chief Executive Officer Nobu Hospitality Alfredo Longo, Chief Executive Officer MonteRock International comments, We are really proud of the rock-solid collaboration we are having with Nobu brand throughout the years, and we are now more than delighted to expand together in the hospitality industry. In this incredible 'canvas' such as the Island of Santorini, the finest of what Nobu lifestyle and cuisine have to offer would be served in a 'picture-perfect setting,' catering to every need at the highest standards. Adding to Nobu Hospitality's European portfolio, the launch of Nobu Hotel and Restaurant Santorini marks the 26th hotel around the world and tenth hotel in the European continent, with properties in Rome, San Sebastián, and Hamburg also in development.

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TRAVEL TECHNOLOGY

Amadeus and Microsoft Announces Strategic Partnership to Drive Future Innovation in Travel

Amadeus | March 01, 2021

Amadeus and Microsoft today report a worldwide key association that will tackle cloud innovation to improve and investigate new items and arrangements and make smoother travel encounters later on. The organization will consolidate Microsoft trusted, secure cloud stages and industry-driving joint effort and endeavor advancements with Amadeus' demonstrated skill and development in movement innovation. Groups from both Microsoft and Amadeus will team up to empower quicker conveyance of new cloud-based arrangements, prompting more consistent travel encounters, for instance in the aircrafts and neighborliness organizations. The two organizations will use the full estimation of Azure and Microsoft's answers (Microsoft Teams, Microsoft 365, Dynamics 365 and Microsoft Power Platform) to convey all the more remarkable and modern end-client encounters and make custom arrangements customized to the exact necessities of the movement business. Starting endeavors are required to zero in on building up more integrated business travel travels and empowering nearer coordinated effort between travel and wellbeing specialists. “Advances in digital technology are rapidly redefining every aspect of work and life, including how we travel,” said Satya Nadella, CEO, Microsoft. “Together with Amadeus, we will apply the power of Azure and its AI capabilities to create new frictionless experiences for travelers worldwide and reimagine the travel industry going forward.”

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