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Trevolution group partners with Airgateway to introduce NDC

Key Signals in Travel & Hospitality

Partnerships
Fiserv expands partnership with Inspire Brands
Inspire Brands is a multi-brand restaurant company with over 32,000 worldwide restaurants. With the Partnership, Finserv aims to enhance payment experiences across various platforms and streamline operations. Read More>>
Trevolution group partners with Airgateway to introduce NDC
Trevolution Group aims to offer customers instant access to customized travel content from over 15 global airlines. This collaboration enables Trevolution Group travel brands to provide travel packages based on customer preferences enhancing the travel booking experience. Read More>>


Deals
dnata’s Airport Handling secures contract with Hainan Airlines in Milan
dnata’s Airport Handling has secured a multi-year contract with Hainan Airlines to manage ground handling operations at Milan Malpensa Airport. With aims to provide top-quality services and prioritize safety for Hainan Airlines and its passengers. Read More>>
Compass Group wins DVLA Soft FM contract
Compass Group’s ESS division has secured a four-year soft services contract with the DVLA in Swansea. The aim of the deal is to provide comprehensive soft services, including catering, cleaning, and facilities management, to enhance the working environment for DVLA Swansea employees. Read More>>


Centre Setup and Expansion
Soho House opens in Mexico City, its first club in Latin America
Soho House opens its debut Latin American location, Soho House Mexico City, in a historic casa in Colonia Juárez. The club offers bars, dining, art, and a pool. The news center aims to share timely info, highlighting the cultural and architectural significance of Soho House Mexico City. Read More>>
City of Raleigh selects Omni Hotels & Resorts for 550-room convention hotel
This marks Omni’s first property in the capital city, providing expanded meeting space for events and supporting the growth of the Raleigh Convention Center. Read More>>


Merger and Acquisition
EU blocks Booking.com’s merger with flight technology company eTraveli
The European Commission blocked the USD 1.6 billion merger of Booking.com and eTraveli. This decision was based on Booking.com’s dominant position in the hotel online travel agency market. The merger could have stifled competition, raising prices for consumers and creating barriers for competitors. Read More>>


Executive Movements
Red Lobster announces new CEO
Horace Dawson has been appointed as the CEO of Red Lobster, bringing his extensive experience from roles at Darden Restaurants Inc. and Hard Rock Cafe International. His appointment aims to guide the brand through industry challenges and enhance the guest experience. Read More>>
Sylvain Le Borgne is appointed Chief Data Officer at JCDecaux
His extensive experience in media, data, and innovation from various leadership roles, including his recent role as Chief Partnership and product Officer at MediaMath. His appointment aims to JCDecaux’s digital transformation and data-driven initiatives. Read More>>

Latest Industry Insights from Draup Braindesk

Advancement in Digital Platform and Service Offerings
  • Travel + Leisure Co. invests in solar power installations at resorts to promote alternative energy, reduce carbon emissions, and prioritize environmental sustainability throughout the resort portfolio. 
  • The Company implements advanced water sensing products and makes a strategic investment in the company, with the aim of reducing water usage, cost savings, and protecting resort properties from indoor flood damage. 
  • Travel + Leisure Co. focuses on the innovation of new subscription plans and the development of services to meet the evolving needs and preferences of travelers, including unique offerings for the members to enhance the travel experience. 
  • Travel + Leisure Co. provides convenient and accessible travel options to customers, including the development of online booking platforms, mobile apps, and user-friendly interfaces to streamline the travel planning and booking process.

Key Funding Alert

Globick clinches USD 1.5 Mn Funding Round
The funding will support the company’s commercial expansion and enhance its technical team to integrate APIs from external travel suppliers. Globick aims to strengthen its position as the leading in-destination experiences platform, with a growing client base and a significant increase in transaction volume. Read More>>

Startup Spotlight

Company –  10Adventures
Total Funding – USD 1.43 Mn
About: 10Adventures.com is a thriving community of outdoor enthusiasts. It offers free, top-tier route guides for hiking, backpacking, cycling, skiing, and snowshoeing, focusing on the world’s most stunning locations. The company collaborates with premier outdoor tour providers and guides, providing users with a marketplace for their next adventure tour. Read More>>

Latest Reports Published in Draup

TUI Group Account Intelligence Report
TUI Group focuses on leveraging technology to provide a wide range of services to its customers, from booking flights and hotels to offering tours and activities. Read More>>

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