Travelport has released an enhanced version of its award-winning travel agency point-of-sale solution, Travelport Smartpoint for travel agents.
India-based travel tech firm IBS Software has confirmed that private equity giant Blackstone has invested $170 million for an undisclosed minority stake.
Depreciation of the Russian ruble leading to 20% drop in overall prices of Russia’s tourism products this yearand a significant increase in Chinese tourists to Russia.
Chinese conglomerate Nanshan Group has acquired the Pullman Sydney Airport Hotel for approximately AUD$84 million.
LY.com is setting up a joint venture company with Korea’s Lotte Tour in a strategic partnership to consolidate local Korean tourism resources and procurement.
The agreement comprises the acquisition of 25 hotels in 11 German cities for a total capacity of 1,816 rooms. It also includes a management platform based in Kiel.
China has become the biggest visitor source market for the UK visitor visas issued to Chinese visitors exceeded those issued to Indian and US nationals.
Envoy Advanced Technologies Pty Ltd has been awarded exclusive distribution rights in Australasia for the high profile HitchHiker flight product suite.
