partnership
Advent International and GHL Hotels Agree to Form a Partnership to Accelerate GHL’s Growth in Latin America
GHL Hotels | May 3, 2022
BOGOTÁ, May 3, 2022 – Advent International (“Advent”), one of the largest and most experienced global private equity investors, and GHL Hotels (“GHL”), one of the largest third-party hotel operator in the region, part of GHL Group, today announced that they have agreed to enter into a partnership, whereby Advent will invest in GHL and support its expansion across Latin America. The partnership will strengthen GHL’s financial position to accelerate growth through new operating contracts, additional investments in hotels and acquisitions of other third-party hotel operators. Jorge Londoño, Co-Founder and CEO of GHL, said, “T...
IHG Partners With China Duty Free Group to Bring Dual-Branded Regent and Hotel Indigo Property to Hainan
IHG Hotels & Resorts | December 21, 2021
IHG Hotels & Resorts today announced a new partnership with China Duty Free Group to develop two new luxury and lifestyle hotels in Hainan, the Regent Sanya Haitang Bay and Hotel Indigo Sanya Haitang Bay. This partnership resonates with China's national strategy to build Hainan into an international hub for tourism and shopping, and augment its role as a free trade port. Situated close to Sanya International Duty-Free Shopping Complex, the two hotels are expected to open in 2026 and will help transform the Haitang Bay area into a world-class tourist and leisure resort by offering distinctive guest experience. ...
DataArt Partners With PROVision to Expand Commercial and Digital Service Offerings for Travel and Hospitality Clients
PROVision Partners International | February 17, 2021
NEW YORK — FEBRUARY 17, 2021 — DataArt, a global technology consultancy that designs, develops, and supports unique software solutions, today announced a new partnership with PROVision Partners International, a strategic growth, marketing, technology, and commercial advisory firm serving the global hospitality and travel industry. DataArt has emerged as a recognized innovator in the travel, transportation, and hospitality space, developing digital solutions that are modern and relevant, often leveraging legacy systems. The DataArt – PROVision partnership is designed to further extend hospitality and travel companies’ confidence i...
Deal Activity in Travel & Tourism Sector Declined by 11.3% During September
GlobalData | October 23, 2020
A total of 102 deals were announced in the global travel and tourism sector during September 2020, which is a decrease of 11.3% over 115 deals announced during the previous month, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The travel and tourism sector is among the worst hit due to COVID-19, and deal activity in the sector has also remained inconsistent since the outbreak. After showcasing improvement for three consecutive months, deal activity in the sector plummeted once again in September.” Most of the deal types witnes...
ProfitSword Partnership With Event Temple Offers Full Real-Time Insight Into Hotel Group Sales, Event and Catering Performance
ProfitSword | October 20, 2020
ProfitSword integration with Event Temple’s hotel & venue management software provides hoteliers with visibility over group, catering and event sales performance activities for entire business portfolio. ORLANDO, Fla. – (October 20, 2020) – ProfitSword, a premier developer of hospitality-related business intelligence and data integration software, has announced a strategic partnership with Event Temple, a leading provider of hotel and venue sales and catering software, to provide hoteliers with seamless and complete visibility over group, catering and event sales performance activity. Through the integration of Event Temple’...
Dormio Resorts & Hotels and NextPax Travel Technology Announce Partnership
NextPax | October 1, 2020
NextPax, provider of channel management technology and Dormio Resorts & Hotels, specialized in the rental, administration and management of holiday resorts and hotels, announce a distribution partnership. As of today, the inventory of Dormio is available on a large number of distribution channels via the connection with NextPax, including Airbnb, HomeAway/Vrbo, Holidu, e-domizil, BungalowSpecials and HomeToGo. As market leader for online distribution of holiday parks in the Benelux countries, NextPax provides the connectivity to list and synchronize the inventory of Dormio on all connected channels. ’We receive the fast growing invento...
TRACK Hospitality Software and NextPax Announce Connectivity Partnership
TravelNet Solutions | August 18, 2020
Salt Lake City, 18 August 2020 - NextPax Travel Technology, provider of one of the most advanced worldwide channel management technologies for hotels, resorts and vacation rentals, is excited to announce its partnership with TRACK Hospitality Software powered by TravelNet Solutions. TRACK Hospitality Software is an industry leading property management system in the country. The partnership with NextPax provides TRACK customers access to many new channels through the most technologically advanced and cutting-edge channel management technology. ‘We are thrilled to partner with NextPax,’ says Ryan Bailey, CEO of TravelNet Solutions. ‘We...
NextPax Travel Technology Announces Distribution Partnership With Trip.com Group
NextPax | May 18, 2020
Almere, theNetherlands - NextPax, one of the most advanced channel management technology providers for hotels, resorts and vacation rentals worldwide and Trip.com Group, the largest travel distribution channel in Asia have launched the first completely automated connection for vacation rentals. The jointly developed API-connection not only supports prices, availability and bookings, but all other content such as photos and descriptions. The advanced technology allows NextPax and Trip.com Group to easily build and put operational thousands of vacation rentals at a time. NextPax was already providing connectivity to tho...
