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Hopper Expands Strategic Technology Partnership with Sabre

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Hopper Expands Strategic Technology Partnership with Sabre - - TRAVELINDEXSouthlake, Texas, United States, February 21, 2022 / TRAVELINDEX / Sabre Corporation and Hopper, a growing online travel agencies, today announced the renewal and expansion of their long-term strategic technology partnership. Since 2012, Sabre has been a strategic partner of Hopper’s, helping the company deliver on its promise to save users time and money and make travel planning easier. Given their strong historical performance, today the two companies are committing to further elevate their partnership for the next three years, by making Sabre their primary global GDS and technology partner. Both parties have already defined a joint roadmap and will continue working closely to further evolve the online travel marketplace and customer experience.

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“Sabre believed in our vision when Hopper was in its infancy and has continued to support us as our strategic retailing and distribution partner since our beginning,” said Fred Lalonde, CEO and co-founder of Hopper. “Sabre’s global distribution network along with its advanced shopping APIs and ability to find the lowest fare was the foundation that we built upon – adding our own proprietary AI-based solutions. Together our innovations have made Hopper the stand-out brand it is today. We look forward to our continued partnership with Sabre as we work together to achieve Hopper’s next-generation services and solutions.”

The number one downloaded travel app in the U.S. in 2021, Hopper utilizes a broad spectrum of Sabre’s technology including low fare shopping APIs, post booking automation and shopping data to deliver on their commitment to find the lowest fares for customers and help them save money.

When travel was disrupted across the globe in 2020 and travelers sought to cancel or modify travel plans, Sabre’s post booking automation technology allowed Hopper to service their customers seamlessly and efficiently, driving cost savings which Hopper reinvested for the benefit of their millions of app users across the globe.

“We are thrilled to be a part of Hopper’s success over the years as its trusted technology partner,” said Roshan Mendis, chief commercial officer of Sabre Travel Solutions. “Even more important, we look forward to continuing to invest in the online segment and our work with Hopper to redefine the future of travel retailing through modern, intelligent solutions.”

As part of Hopper’s technology strategy and building on their long-term partnership, Sabre and Hopper are actively exploring opportunities to continue to co-innovate on the future of travel technology through Hopper Cloud.

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About Sabre Corporation
Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveler experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre’s technology platform manages more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world.

About Hopper
Hopper is a fast-growing mobile-first travel marketplace. By leveraging massive amounts of data and machine learning, the company has developed several unique fintech solutions that help customers save money and travel better. Through its B2B initiative, Hopper Cloud, the company is syndicating its fintech solutions, infrastructure, and agency content. Whether it’s pricing volatility or trip disruptions, Hopper’s proprietary suite of fintech solutions address every pain point in the customer journey while driving conversion, repeat purchases, and profitability.

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First published at – Global Travel News

Space-Focused SPAC Completes IPO to Link with Ventures Focusing on Space

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Space-Focused SPAC Completes IPO to Link with Ventures Focusing on Space - - TRAVELINDEXWashington DC, United States, January 17, 2022 / TRAVELINDEX / A blank-check company that has former Blue Origin President Rob Meyerson as its CEO has completed a $287.5 million initial public offering, furthering its plans to link up with ventures focusing on space, cybersecurity and energy innovation.

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C5 Acquisition Corporation, a special purpose acquisition company (SPAC), announced the closing of its initial public offering of 28,750,000 units at a price of $10.00 per unit, including 3,750,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full, on January 11, 2022. The units were listed on the New York Stock Exchange and began trading under the ticker symbol “CXAC.U” on January 7, 2022. Each unit consists of one share of Class A common stock of the Company and one-half of one redeemable public warrant. Each whole public warrant entitles the holder thereof to purchase one share of Class A common stock of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the shares of Class A common stock and public warrants are expected to be listed on the New York Stock Exchange under the symbols “CXAC” and “CXAC WS,” respectively.

The Company is led by CEO Robert Meyerson, former president of Blue Origin. Steve Demetriou, Chair and CEO of Jacobs Engineering (NYSE:J), will be the company’s Non-Executive Chair of the Board of Directors. The Company is a newly organized blank check company incorporated as a Delaware corporation for the purpose of effecting a merger, consolidation, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or companies. While the Company may pursue an initial business combination with any company in any industry, the Company intends to focus on businesses at the leading edge of national security innovation in three key sectors: Space, Cybersecurity and Energy Transition.

Cantor Fitzgerald & Co. and Moelis & Company LLC served as the joint book-running managers for this offering. The offering was made only by means of a prospectus, copies of which may be obtained by contacting Cantor Fitzgerald & Co., Attention Capital Markets, c/o Cantor Fitzgerald & Co., 499 Park Avenue, 5th Floor, New York, NY 10022.

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The registration statement relating to the securities became effective on January 6, 2022. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

First published at

First published at – Global Travel News

Revinate Acquires Go Moment

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Revinate Acquires Go Moment - TRAVELINDEXSan Francisco, California, United States, November 23, 2021 / TRAVELINDEX / Revinate, a leader in omni-channel direct booking platforms for the hospitality industry, announced today it has acquired Go Moment, an AI driven, commerce-enabled messaging solutions provider for the hospitality industry.

The combined company will be called Revinate. Together, the companies’ focus continues to be enabling hoteliers to synthesize and activate their guest data intelligence to convert direct bookings and commerce at any point during the guest journey.

Revinate’s mission is to deliver hoteliers scalable direct revenue and profits from data-driven solutions that cultivate deeper relationships with guests. Customers love Revinate as they can engage with their guests throughout the guest lifecycle with automated and personalized campaigns across various channels, including email, voice, SMS and the most popular messaging platforms. Thousands of hotels currently use Revinate’s direct booking platform to generate 20x or greater ROI.

50 million guests have met Go Moment’s AI powered digital concierge, Ivy. Hoteliers love how Ivy automates nearly 60% of guest requests with her AI-driven, real time responses, streamlining both staffing and service delivery. Hoteliers have also seen fantastic ROI results from messaging commerce, from bookings to upgrades to amenities.

By integrating Revinate’s unique direct booking platform with Go Moment’s AI driven messaging and commerce capability (Ivy), Revinate will further enhance its omni-channel capabilities to engage with guests and create commerce opportunities between guests and the hotel. This combination enables the platform to maximize the lifetime value of each guest through targeted campaigns and seamless guest experience.

“This is a real game changer for our industry. The very best synthesized guest data intelligently powering the very best omni-channel guest lifecycle communications means Revinate has become the ultimate direct booking platform for hoteliers,” said Marc Heyneker, the CEO of Revinate.

Go Moment’s CEO Raj Singh will be joining the Revinate leadership team as a Chief Strategy Officer (CSO). “I am delighted to join Revinate in accelerating our hospitality industry’s bright future by building the ultimate omni-channel direct booking platform. I look forward to working with Marc Heyneker and his excellent team to serve the global hotel market,” said Raj.

“Ivy users gave us about 10 points higher satisfaction scores. To get that another way, I’d probably have to double my staff or do something else extraordinary.” – Michael Marino, former Chief Experience Officer at Caesars Entertainment

“Revinate empowers our small marketing team by saving us time so we can do so much more than we could otherwise. I think our $100M+ in revenue with Revinate speaks for itself.” – Serena Bethle, Database Marketing Manager at Brittain Resorts and Hotels.

About Revinate:
Revinate is one of the global leaders in CDP-driven direct booking platforms, cultivating intelligent and deeper guest experience and driving revenue and profitability for hoteliers. Founded in 2009, Revinate counts tens of thousands of the world’s leading hotels as customers and has won numerous awards for its software as a service (SaaS) solution, including 2018, 2019 and 2020 Top Rated Email Marketing and CRM Product by Hotel Tech Report.

About Go Moment:
Go Moment® connects the hospitality industry with their guests – delivering unforgettable experiences to both. Through their guest communications solutions, they are on a mission to make a billion people smile. Ivy, their AI powered digital concierge, routinely delivers high ROI to hotels while delighting guests.

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First published at – Global Travel News

Sabre Announces Strategic Partnership with TUI Hotels

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Sabre Announces Strategic Partnership with TUI Hotels

Hannover, Germany, November 19, 2021 / TRAVELINDEX / Sabre Corporation, the leading software and technology provider that powers the global travel industry today announced a long-term partnership with TUI Group, a leading integrated tourism group, that sees Sabre Hospitality Solutions as distribution provider and business partner for the group’s own hotel brands worldwide, which include TUI Blue, Robinson and TUI Magic Life.

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In the course of the partnership, around 70 hotels of the TUI portfolio will use Sabre’s platform solution, including SynXis Central Reservations (CR) and Channel Connect, to enable its new distribution strategy. The group will benefit from the Sabre SynXis Platform’s advanced technology to streamline its operations and grow its footprint globally, while securing an effective, future-ready channel strategy that will help maximize revenue from both direct and indirect channels.

In collaboration with Sabre, TUI’s hotel division will explore opportunities for product innovation and distribution growth, while charting a new path toward full digitalization. Through their combined expertise in the leisure segment, TUI and Sabre will seek to implement an innovative revenue generation strategy that will help fuel travel’s recovery and anticipate future business needs.

“In a changing hospitality marketplace, our objective is to create a winning engagement model that strengthens our core offering – unique holiday experiences,” said Martin Schreck, Chief Information Officer Sourcing & Assets at TUI Group and Managing Director, TUI InfoTec GmbH. “To do this, we are enhancing our technology, while focusing on futureproofing our business. Sabre’s technology will help enable us to fully automate our guest operations – including booking, setting up and amending guest offers – enabling our staff to focus on providing unique, personalized stays. Sabre’s response to the shifting landscape of hospitality, along with its robust, stable and agile platform, will help us secure our recovery and build on our guest experience.”

This partnership supports TUI’s long-term strategy to deploy innovative technology to enhance its operations and improve the guest experience.

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“We are excited to embark on this partnership with TUI’s popular hotel brands, and look forward to redefining the guest experience together,” said Frank Trampert, SVP and Global Managing Director Commercial, Sabre Hospitality Solutions. “Leisure has become one of the critical revenue streams for the travel industry and a key accelerator to recovery from the industry impacts of the COVID-19 pandemic. We are proud to be at the heart of this and look forward to a long and successful partnership with TUI that powers a new generation of retailing, distribution and fulfillment in hospitality.”

Today’s announcement demonstrates Sabre’s ability to help hoteliers operate more efficiently, increase revenue and deliver the highly personalized experience travelers want and expect, further underscoring Sabre’s critical role in the business of travel.

First published at

First published at – Global Travel News

SpaceFund Invests in Hydrosat

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SpaceFund Invests in Hydrosat - TRAVELINDEXHouston, Texas, United States, September 14, 2021 / TRAVELINDEX / SpaceFund is excited to announce our recent impact investment in Hydrosat. While we consider almost any investment in opening the Frontier to be an impact investment, as we believe that many of the near and long term solutions to the issues challenging humanity will be found in space, Hydrosat fits neatly into the center of what many beyond the space movement consider as a company whose work will have a direct impact on human life.

Company Description:
To maximize the output of farmlands, it is critical that farmers have the maximum amount of data about the health of their crops. Hydrosat’s unique data and analytical capabilities provide the vital information growers need, proven to increase crop yields and conserve water. Satellite imagery is the most cost-effective way to gather information about farming conditions, but the existing sensors in space provide data that are only lagging indicators of crop health. In other words, current information provides insight into what has happened in a given field, whereas Hydrosat’s information is predictive about what will happen in the future, thus allowing farmers to calibrate their plans and improve outcomes. Hydrosat’s thermal infrared sensor is the key to this capability. Today many companies use a calculation from data available for free from NASA satellites called Normalized Difference Vegetation Index (NDVI), to provide farmers with information about their crops, but it has limitations as a predictive tool. Hydrosat is launching a new thermal infrared sensor to collect temperature data that will increase the predictive power of satellite imagery in agriculture and other industries.

Recent Company Milestones: 

  • In July 2020, Hydrosat received a €3.735M contract with the European Space Agency (ESA) “to develop an operational processor that meets commercial requirements for agriculture, in both crop yield estimations and irrigation decision support applications.”
  • The company also received $798,519 in SBIR grants from the U.S. Air Force to use low Earth orbit (LEO) thermal imagery with higher resolution and faster repeat cycle, providing better and more up-to-date information for flight planners. “This would ensure better mission safety to our Airmen while protecting multi-million dollar assets from poor landing conditions. The Hydrosat solution is being designed to serve the agriculture industry, yet its capabilities are also aligned with Air Force needs, allowing the Service to benefit from a system that would spread cost and risk while accelerating development.”
  • The company expects to launch its first sensor aboard a SpaceX rocket in Q4 2022, with Loft Orbital working as the satellite bus provider and integration partner.

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First published at – Global Travel News

Rocket Lab Experiences Anomaly During Launch

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Auckland, New Zealand. May 16, 2021 / TRAVELINDEX / Following a successful lift-off, first stage burn, and stage separation, Rocket Lab experienced an anomaly during its 20 th Electron mission ‘Running Out Of Toes.’ The issue occurred following second stage ignition during the flight on May 15, 2021 UTC, resulting in the loss of the mission. The launch vehicle’s second stage remained within the…


First published at – Global Travel News

First-Ever Online Tour and Travel Booking Platform to Experience Pakistan

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Islamabad, Pakistan, May 14, 2021 / TRAVELINDEX / Online Pakistan tour and travel booking startup, PakVoyager connects travellers to local hotels, tour operators, and car rental companies that publish their tour packages on the company’s platform. Tourists can book everything they need for their Pakistan holiday online in one place on PakVoyager’s website via credit card.


First published at – Global Travel News

SpaceFund Announces Full Deployment of First Fund

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Houston, Texas, United States, May 13, 2021 / / SpaceFund Inc., announced it has fully deployed investments from its first “LaunchPad” fund today. The venture capital firm placed investor funds in 14 companies, including both some well-known NewSpace stars, as well as seeding rising stars it believes capable of helping lead humanity into the frontier of space.


First published at – Global Travel News

To Reap Blockchain Benefits New Ways of Thinking and Working are Necessary

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New York, NY, United States, May 10, 2021 / TRAVELINDEX / The World Economic Forum released Digital Assets, Distributed Ledger Technology, and the Future of Capital Markets. Across the capital markets ecosystem, institutions are facing a combination of intensified competitive dynamics and accelerating technology advancements, presenting opportunities and challenges both to incumbents and new…


First published at – Global Travel News

SpaceFund Announces New Space Strategic Consulting Company

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Houston, Texas, United States, May 6, 2021 / TRAVELINDEX / SpaceFund venture capital firm announced today that it is spinning off a new aerospace strategic consulting company to serve growing government, corporate, and investment industry demand for advice and informed diligence. The new firm, SpaceFund Intelligence (SFI) builds on the skills and team already assembled by the rapidly growing…


First published at – Global Travel News

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