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Hospitality Trends
kasada | March 26, 2022
Funds advised by Kasada Capital Management (“Kasada”) announced the acquisition of the 120-key Cape Grace hotel in Cape Town, South Africa. This acquisition marks Kasada's entry into the South African hospitality market and the continued fulfilment of the platform’s strategy to expand its presence in key cities across Sub-Saharan Africa. Kasada will now deploy its expertise in Cape Town with an asset voted one of the “Top Luxury Hotels” in t...
businesswire | May 19, 2023
Global payments provider Elavon has partnered with The Digital Line (TDL) on a voice-activated solution for the hospitality industry. The solution – Audico – utilises the Amazon Alexa device to deliver a variety of voice-driven services. Elavon is the exclusive payments provider for the Audico solution in hospitality, globally. Hemlata Narasimhan, Elavon Merchant Services President in Europe, says, “Virtual assistant technology is the future of hos...
Industry Outlook
Shoopit | December 09, 2022
Innovative flight search engine and browser extension, shoopit, has released its 2022 Consumer Travel Survey. The project was undertaken to uncover the habits of UK travellers in the face of difficult economic challenges, showing that while those most affected by the ongoing cost-of-living crisis may delay their flight bookings, they still say that they’re likely to travel at least once in the next 12 months. The survey was conducted among 2003 UK consumers who have bought a...
Business Travel
phocuswire | April 18, 2023
Host travel agency InteleTravel has acquired Hickory Global Partners, a corporate travel alliance, to cater to demand for blended travel. The purchase price was not disclosed. “With the new blending of leisure and business travel, the idea of separate consortia for these markets is now outdated,” InteleTravel president James Ferrara said. “This merger creates a single source of advantages and support for all travelers and the professionals who serve them – ...
Hospitality Management
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