Travel

JCB identifies Russia as a key growth market for European merchants as cardmembers continually increase online spend

Thursday, October 21, 2021 - 8:00am

- The retail industry dominates JCB cardmember spend in Russia with a 48% share of total spend.

Key Points: 
  • - The retail industry dominates JCB cardmember spend in Russia with a 48% share of total spend.
  • - From September 2019, JCB has experienced Russian JCB cardmember online spend increasing month-on-month.
  • Top months for spend over the 2-year period from 2018 to 2020 are October, November, and January.
  • As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide.

FlixMobility Acquires Greyhound to Expand U.S. Coach Services

Thursday, October 21, 2021 - 7:02am

Greyhound currently connects approximately 2,400 destinations across North America with nearly 16 million passengers each year.

Key Points: 
  • Greyhound currently connects approximately 2,400 destinations across North America with nearly 16 million passengers each year.
  • A compelling offering will draw significantly more travellers away from private cars to shared coach mobility.
  • As part of FlixMobility, I am confident that Greyhound will be well placed to continue to grow and develop their iconic services for many years to come.
  • In 2018, FlixMobility launched FlixBus USA to bring this new travel alternative to the United States.

FlixMobility Acquires Greyhound to Expand U.S. Intercity Bus Services

Thursday, October 21, 2021 - 7:02am

FlixMobility (the Company), global mobility provider of the FlixBus and FlixTrain brands, announced today it has acquired Greyhound Lines, Inc. (Greyhound), the largest provider of long-distance bus transportation in the United States, from FirstGroup plc.

Key Points: 
  • FlixMobility (the Company), global mobility provider of the FlixBus and FlixTrain brands, announced today it has acquired Greyhound Lines, Inc. (Greyhound), the largest provider of long-distance bus transportation in the United States, from FirstGroup plc.
  • Greyhound currently connects approximately 2,400 destinations across North America with nearly 16 million passengers each year.
  • A compelling offering will draw significantly more travelers away from private cars to shared intercity bus mobility.
  • As part of FlixMobility, I am confident that Greyhound will be well placed to continue to grow and develop their iconic services for many years to come.

IBM Report Reveals Potential Rebound for Travel and Event Spending, End of Traditional Shopping Season

Thursday, October 21, 2021 - 5:01am

"The most effective industry leaders may be the ones who can meet the customer where, when and how they want," said Jonathan Wright, Managing Partner & Global VP for Supply Chain Consulting, IBM Consulting.

Key Points: 
  • "The most effective industry leaders may be the ones who can meet the customer where, when and how they want," said Jonathan Wright, Managing Partner & Global VP for Supply Chain Consulting, IBM Consulting.
  • Holiday shoppers are concerned about shortages, so to increase their chance of getting everything on their wish lists, more than one in four surveyed adults started shopping in September or earlier.
  • Environmentally friendly products may also have a leg up this holiday season.
  • Follow @IBMIBV on Twitter, and to receive the latest insights by email, visit: www.ibm.com/ibv .

Online Travel Booking Platform Market Size, Share, Trends, Industry Analysis, and Opportunities |Insights on Key Performing Segments and Market Forecast | 17000+ Technavio Reports

Thursday, October 21, 2021 - 3:45am

Download a free samplenow to uncover more highlights of online travel booking platform marketcompanies.

Key Points: 
  • Download a free samplenow to uncover more highlights of online travel booking platform marketcompanies.
  • Technavio is a leading global technology research and advisory company.
  • Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
  • With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries.

China is Flying High Again: Cirium Survey Shows Remarkable Consumer Confidence for a Travel Restart

Thursday, October 21, 2021 - 3:00am

Chinese travelers are leading the airline travel recovery, with 96% intending to travel, according to a new survey by Cirium, the aviation analytics company.

Key Points: 
  • Chinese travelers are leading the airline travel recovery, with 96% intending to travel, according to a new survey by Cirium, the aviation analytics company.
  • Of those planning to travel, 73% stated it was for leisure with only 24% planning business travel.
  • View the full release here: https://www.businesswire.com/news/home/20211020005941/en/
    Cirium's new Traveler Intelligence Report reveals China is flying high again.
  • Jeremy Bowen, CEO at Cirium said: The Cirium survey highlights the Chinese travelers confidence in flying domestically and pent-up demand when it comes to flying internationally.

NextPlay Technologies, Inc. Announces Plans to Launch a New Class of Tokenized Medical Real Estate in Conjunction with NextPlay's Extension into Medical Tourism

Thursday, October 21, 2021 - 12:00am

The Company has designed a new class of medical facilities that integrates unique geometries and technologies it believes will reduce the spread of infection.

Key Points: 
  • The Company has designed a new class of medical facilities that integrates unique geometries and technologies it believes will reduce the spread of infection.
  • The Fund is also expected to invest in wellness-oriented residential and commercial facilities that are integrated with the proposed physical and technological layers.
  • NextPlay is in discussions with prime landowners in several countries to contribute their property assets to the proposed Fund.
  • Through our efforts to date, we believe we have identified opportunities in medical tourism and its adjacencies.

Euronet Worldwide Reports Third Quarter 2021 Financial Results

Thursday, October 21, 2021 - 2:00am

LEAWOOD, Kan., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (Euronet or the Company) (NASDAQ: EEFT), a leading electronic payments provider, reportsthird quarter2021financial results.

Key Points: 
  • LEAWOOD, Kan., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (Euronet or the Company) (NASDAQ: EEFT), a leading electronic payments provider, reportsthird quarter2021financial results.
  • Euronet reports the following consolidated results for thethird quarter2021compared with the same period of2020:
    Operating incomeof$114.5million, a 73% increase from$66.1 million (72% increase on a constant currency basis).
  • Euronet Worldwide will host an analyst conference call on October 21, 2021, at 9:00 a.m. Eastern Time to discuss these results.
  • Euronet Worldwide is an industry leader in processing secure electronic financial transactions.

IHT HOTEL PROFIT JUMPS; CLEAN ENERGY PROTOTYPE SOON

Wednesday, October 20, 2021 - 9:52pm

In addition, the IHT efficient clean energy innovation diversification investment targets its first prototypes under development since January 2020, to be in operation within the next six months.

Key Points: 
  • In addition, the IHT efficient clean energy innovation diversification investment targets its first prototypes under development since January 2020, to be in operation within the next six months.
  • InnSuites Hospitality Trust (IHT) has made a diversification investment in excess of $1 million in privately held UniGen Power, Inc. (UniGen), a company developing a patented, high profit potential, efficient clean energy generation innovation.
  • UniGens high profit potential is encouraging for IHT investors, with 22 months of design and development work now complete.
  • IHT Management has long believed, as indicated in past IHT SEC Filings, that the investor community continues to value IHT well below its full potential true underlying value (both real estate equity/hotel operations, and clean energy opportunity potential).

Pebblebrook Hotel Trust Acquires Avalon Bed & Breakfast and Duval Gardens in Key West, FL

Wednesday, October 20, 2021 - 9:15pm

Pebblebrook Hotel Trust (NYSE: PEB) (the Company) today announced that it acquired the 19-room Avalon Bed & Breakfast (Avalon) and 12-room Duval Gardens (Duval), both in Key West, Florida, for $20.0 million.

Key Points: 
  • Pebblebrook Hotel Trust (NYSE: PEB) (the Company) today announced that it acquired the 19-room Avalon Bed & Breakfast (Avalon) and 12-room Duval Gardens (Duval), both in Key West, Florida, for $20.0 million.
  • Avalon and Duval have highly desirable locations along the vibrant Duval Street, which showcases Key Wests most visited attractions, restaurants and bars.
  • We are very excited to acquire these two well maintained and historically charming properties in the heart of Key West, said Jon E. Bortz, Chairman, President and Chief Executive Officer of Pebblebrook Hotel Trust.
  • Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (REIT) and the largest owner of urban and resort lifestyle hotels in the United States.