Global distribution system

Arajet Announces Agreement with Eurodistribution for Global Marketing of Air Tickets

Retrieved on: 
Thursday, February 2, 2023
Vacation, Air, Transportation, Transport, Travel, Arajet, GDS, Hitchhiking, API, Boeing, Travelport, College of Engineering (KNUST), Global distribution system, IATA, Partnership, Growth, OTA Broadcasting, KIU, Airline

Arajet, the low-price Dominican airline, today announced it has signed a commercial agreement with Eurodistribution for the global marketing of the airline’s tickets to 17 destinations in North, Central, South America and the Caribbean.

Key Points: 
  • Arajet, the low-price Dominican airline, today announced it has signed a commercial agreement with Eurodistribution for the global marketing of the airline’s tickets to 17 destinations in North, Central, South America and the Caribbean.
  • The agreement will allow Arajet to market its low-fare tickets to IATA and non-IATA agencies, OTAs, aggregators, metasearch engines and consolidators worldwide.
  • Eurodistribution is part of Euroairlines aviation group and has over 30 years of international aviation experience.
  • "We are excited to announce this alliance with Eurodistribution," said Víctor Pacheco, CEO and founder of Arajet.

Sabre and Tian Xia Fang Cang sign agreement to support future Chinese hospitality sector recovery

Retrieved on: 
Monday, February 20, 2023
Software as a service, GDS, Global distribution system, SABR, Travel, Sabre Corporation, Senior, Growth, New Year, Tourism, Sabre

SOUTHLAKE, Texas, Feb. 20, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced an agreement with Tian Xia Fang Cang to create new opportunities for recovery and revenue growth in the Chinese hospitality marketplace.

Key Points: 
  • Hospitality provider Tian Xia Fang Cang will be marketing Sabre Hospitality's solutions in China, with a focus on its Global Distribution System
    SOUTHLAKE, Texas, Feb. 20, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced an agreement with Tian Xia Fang Cang to create new opportunities for recovery and revenue growth in the Chinese hospitality marketplace.
  • The new relationship brings together Sabre's advanced technology with Tian Xia Fang Cang's deep knowledge of the unique Chinese travel ecosystem.
  • Under the deal, Tian Xia Fang Cang will have the ability to market Sabre Hospitality's solutions in China.
  • SaaS-based hotel services platform Tian Xia Fang Cang provides products and services, and e-commerce solutions for hotel suppliers and hotel distributors.

Aeroitalia Partners with WorldTicket to Expand Options for Travel in the European Region

Retrieved on: 
Tuesday, January 24, 2023
VP/CSS, Travel, ENIT, W2, Global distribution system, WorldTicket, Partnership, GDS, OTA, IATA, City, Airline, Tourism, AeroItalia

COPENHAGEN, Denmark, Jan. 24, 2023 /PRNewswire/ -- Aeroitalia, a startup airline and Italy's newest low-cost carrier, has partnered with WorldTicket (W2), part of the 777 Travel Tech group, to support the airline's network growth through expanded distribution. With WorldTicket's technology, Aeroitalia can now rapidly scale its sales coverage and gain entry to 100+ IATA global agencies who can now access Aeroitalia flights through their GDS systems.

Key Points: 
  • With WorldTicket's technology, Aeroitalia can now rapidly scale its sales coverage and gain entry to 100+ IATA global agencies who can now access Aeroitalia flights through their GDS systems.
  • WorldTicket's travel distribution technology will help Aeroitalia to extend its sales reach to indirect channels such as OTAs and travel agencies as the demand for travel in Europe accelerates.
  • Thanks to our marketing partnership with WorldTicket and its global distribution technology, Aeroitalia services are now closer to the travel agency community to the benefit of our customers."
  • For more information about the WorldTicket and Aeroitalia partnership or to speak with company executives, please contact Vanessa Horwell at [email protected] .

Aeroitalia Partners with WorldTicket to Expand Options for Travel in the European Region

Retrieved on: 
Tuesday, January 24, 2023
VP/CSS, Travel, ENIT, W2, Global distribution system, WorldTicket, Partnership, GDS, OTA, IATA, City, Airline, Tourism, AeroItalia

COPENHAGEN, Denmark, Jan. 24, 2023 /PRNewswire/ -- Aeroitalia, a startup airline and Italy's newest low-cost carrier, has partnered with WorldTicket (W2), part of the 777 Travel Tech group, to support the airline's network growth through expanded distribution. With WorldTicket's technology, Aeroitalia can now rapidly scale its sales coverage and gain entry to 100+ IATA global agencies who can now access Aeroitalia flights through their GDS systems.

Key Points: 
  • With WorldTicket's technology, Aeroitalia can now rapidly scale its sales coverage and gain entry to 100+ IATA global agencies who can now access Aeroitalia flights through their GDS systems.
  • WorldTicket's travel distribution technology will help Aeroitalia to extend its sales reach to indirect channels such as OTAs and travel agencies as the demand for travel in Europe accelerates.
  • Thanks to our marketing partnership with WorldTicket and its global distribution technology, Aeroitalia services are now closer to the travel agency community to the benefit of our customers."
  • For more information about the WorldTicket and Aeroitalia partnership or to speak with company executives, please contact Vanessa Horwell at [email protected] .

AGF Management Limited Reports Fourth Quarter and Fiscal Year 2022 Financial Results

Retrieved on: 
Wednesday, January 25, 2023
Communication, SIB, Longevity, EPS, TSX, AUM, Envestnet, Global distribution system, Head, EBITDA, CIBC, Collaboration, McCreadie, Audit committee, AGF, Growth, SMA, Pharmaceutical industry, Management, Property management, Renewable energy

AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the fourth quarter and fiscal year ended November 30, 2022.

Key Points: 
  • AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the fourth quarter and fiscal year ended November 30, 2022.
  • AGF reported total assets under management and fee-earning assets1 of $41.8 billion compared to $39.6 billion as at August 31, 2022 and $42.6 billion as at November 30, 2021.
  • Ash Lawrence joined AGF as Head of AGF Private Capital this year and has started efforts to expand the team.
  • AGF appointed Cybele Negris, CEO and Co-Founder of Webnames.ca Inc., to the AGF Board of Directors effective September 27, 2022.

Amadeus partners with Hilton on new API to enable faster and more advanced connectivity

Retrieved on: 
Thursday, December 1, 2022
API, HLT, Global distribution system, Partnership, Hilton Worldwide, Policy, Digital, Airport, Travel, NYSE, Dow Jones, Smartphone, GDS, Light, Hotel, Online shopping, Hospitality, Amadeus

MIAMI, Dec. 1, 2022 /PRNewswire-PRWeb/ -- As demand for travel continues to grow, hoteliers want to ensure they reach high volumes of customers through their Global Distribution System (GDS) connection. The ability to distribute inventory and rates through various channels, including the GDS, is critical in today's operating environment. It assures hotels that their inventory and rates are being seen by as many potential sellers and customers as possible.

Key Points: 
  • Amadeus is the first GDS provider to integrate Hilton's own API to enable the chain to distribute content faster.
  • The single API gives improved connectivity between Hilton and the Amadeus GDS to enhance sales opportunities for the hotels.
  • With this in mind, Hilton partnered with Amadeus to implement their API within the Amadeus distribution system.
  • Katja Bohnet, VP Hospitality Distribution, Hospitality, Amadeus comments: "We're proud to partner with Hilton on this new API integration with the Amadeus GDS.

Distributed Temperature Sensing Global Market Report 2022: Reliability of DTS Systems or Sensors for Sensing and Monitoring Applications in Harsh Environments Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 30, 2022
Technology, Hardware, Distribution, Use, Strategic management, Distributed temperature sensing, Value, Process, Quantum inverse scattering method, Customer support, Market share analysis, Oil & Gas UK, Business Growth Fund, Oil, COVID-19, Growth, Downstream, Research, Acquisition, Temperature, Global distribution system, Economic development, Retail, Application

The Global Distributed Temperature Sensing Market is projected to grow with a significant CAGR in the forecast period.

Key Points: 
  • The Global Distributed Temperature Sensing Market is projected to grow with a significant CAGR in the forecast period.
  • Further, the patterns associated with domestic production, import and export, and consumption have helped market participants to analyze and capitalize on potential opportunities.
  • Besides, the qualitative and quantitative parameters provided in the report with detailed analysis highlights the driving and restraining factors of the Global Distributed Temperature Sensing Market.
  • Based on Application, the market was studied across Environmental Monitorin, Fire Detection, Oil & Gas, Power Cable Monitoring, and Process & Pipeline Monitoring.

StepStone Conversus Rebranded as StepStone Private Wealth; Surpasses $1 Billion in AUM

Retrieved on: 
Wednesday, November 16, 2022
AUM, Stepstone, Insurance, Traction, Global distribution system, Philosophy, SPRING, Financial services, Growth

We now look forward to continued innovation and growth under the StepStone Private Wealth banner for years to come," said Scott Hart, Partner and CEO at StepStone.

Key Points: 
  • We now look forward to continued innovation and growth under the StepStone Private Wealth banner for years to come," said Scott Hart, Partner and CEO at StepStone.
  • StepStone Private Wealths managed funds, CPRIM (Conversus StepStone Private Markets) and CSPRING (Conversus StepStone Private Venture and Growth), have also been renamed SPRIM and SPRING, respectively.
  • StepStone Private Wealth recently crossed $1 billion in assets under management (AUM), fueled by SPRIM, the firms core private markets fund.
  • As of September 30, 2022, StepStone oversaw $602 billion of private markets allocations, including $135 billion of AUM.

Smith Recognized at ASPENCORE Global Electronic Component Distributor Awards

Retrieved on: 
Wednesday, November 23, 2022
City, ROI, Computer, Element, Semiconductor, Intelligence, Global distribution system, IIC, Exhibition, Video game, Management

HOUSTON, Nov. 22, 2022 /PRNewswire-PRWeb/ -- Smith, a global distributor of electronic components and semiconductors, today announces that it has been recognized as an Outstanding International Branded Distributor at the ASPENCORE 2022 Global Electronic Component Distributor Awards, part of the IIC Shenzhen 2022 programming. The award program honors top distributors for their contributions and exceptional achievements within the electronics industry.

Key Points: 
  • HOUSTON, Nov. 22, 2022 /PRNewswire-PRWeb/ -- Smith , a global distributor of electronic components and semiconductors, today announces that it has been recognized as an Outstanding International Branded Distributor at the ASPENCORE 2022 Global Electronic Component Distributor Awards , part of the IIC Shenzhen 2022 programming .
  • "We are honored to be recognized for our efforts and innovation within the Chinese market and the broader global electronics supply chain," said Claudio Chan, Smith's Managing Director, China.
  • Smith's operations, purchasing, and sales worldwide are seamlessly integrated with the company's global IT infrastructure, offering real-time, global inventory and logistics visibility.
  • Smith is the leading independent distributor of electronic components and ranks number seven among all global distributors.

Deal Engine Raises $5.3M to Simplify Post-Booking Travel Transactions

Retrieved on: 
Tuesday, November 15, 2022
Algorithm, Automation, Anger, Global distribution system, Travelport, ARC, Engine, Industry, Travel, Company, Chloride, Time, OTA, API, Multimedia, Plug and play, Airline, Sabre, COVID-19, CEO, Air travel, Engineering, Online shopping

MIAMI, Nov. 15, 2022 /PRNewswire/ -- Deal Engine, an AI-enabled platform that automates airline ticket refunds and changes, announced it has raised $5.3 million in seed funding to simplify transactions and post-booking operations for travel companies. The round was led by F-Prime Capital with participation from Thayer Ventures, PAR Capital Management, Plug and Play, as well as several prominent angel investors. The funding will be used to expand globally and accelerate engineering, product, and sales.

Key Points: 
  • Deal Engine enables travel companies to simplify complex manual processes, saving millions of human hours each year.
  • "We built Deal Engine to simplify travel transactions.
  • Deal Engine's technology enables travel companies to simplify complex manual processes, saving millions of human hours each year."
  • Deal Engine is on a mission to bring digital transformation to the travel industry.