Global distribution system

Sonder Holdings Inc. to Add Hotels in London and Grow UK & Ireland Portfolio to Approximately 900 Total Units

Retrieved on: 
Wednesday, April 20, 2022

Additionally, in the second half of 2022, Sonder will open an 86-key hotel near to Bedford Square in Bloomsbury.

Key Points: 
  • Additionally, in the second half of 2022, Sonder will open an 86-key hotel near to Bedford Square in Bloomsbury.
  • Building on recent expansion, with an ongoing focus on prime locations, these four properties will join the six existing hotels in Sonders London portfolio.
  • Elsewhere in the United Kingdom & Ireland, Sonder Royal Garden Apartments in Edinburgh is set to expand with an additional 11 units.
  • With these additions, Sonders total portfolio will now expand to 28 properties across the United Kingdom & Ireland with approximately 900 total units.

Luxury travel platform Bear Luxe Japan inks new deal with Sabre to increase geographic reach for member hotels while creating elevated experiences for travelers

Retrieved on: 
Monday, April 11, 2022

The new relationship will further cement Sabre's growing footprint in Japan, while opening further access for Bear Luxe member hoteliers - primarily consisting of independent Japanese luxury hotels - through the Sabre SynXis hospitality platform and Bear Luxe Japan's international reach of the luxury travel market, to the markets and channels high-end travelers use to book their luxury trips to Japan.

Key Points: 
  • The new relationship will further cement Sabre's growing footprint in Japan, while opening further access for Bear Luxe member hoteliers - primarily consisting of independent Japanese luxury hotels - through the Sabre SynXis hospitality platform and Bear Luxe Japan's international reach of the luxury travel market, to the markets and channels high-end travelers use to book their luxury trips to Japan.
  • Bear Luxe will be utilizing a comprehensive suite of Sabre SynXis solutions to grow geographic reach, target the corporate travel market, drive increased bookings, and create personalized travel experiences.
  • "The absence of connectivity with the international luxury travel market has long been an industry-wide dilemma for Japanese luxury hotels.
  • Bear Luxe Japan is a Tokyo based, Japan-specific network of the country's leading luxury travel suppliers and specialists in global travel design consisting of 70-member luxury hotels and over 200 international luxury travel agencies.

Resilience Raises Bar on Cyber Insurance Innovation with Policy Modularity

Retrieved on: 
Thursday, March 31, 2022

SAN FRANCISCO, March 31, 2022 /PRNewswire/ -- Resilience, an industry leader in cyber insurance and security solutions, announced today the launch of a new process for modular policy production, making it the first to adopt modularity for cyber insurance. Through its insurance operations, Resilience can now issue impactful and nimble insurance policies to meet the demands of the fast-changing world of cyber risk.

Key Points: 
  • SAN FRANCISCO, March 31, 2022 /PRNewswire/ --Resilience, an industry leader in cyber insurance and security solutions, announced today the launch of a new process for modular policy production, making it the first to adopt modularity for cyber insurance.
  • Through its insurance operations, Resilience can now issue impactful and nimble insurance policies to meet the demands of the fast-changing world of cyber risk.
  • Modularity enables policy amendments to be updated immediately and reflected in-line with the policy.
  • Applying this strategy to cyber insurance, modularity enables independently designed coverage modules to work together to create a cohesive and clearly worded insurance policy.

Global Travel Technologies Market Analysis Report 2022: Hotel Industry to Embrace Next Generation Technologies to Function Amidst the Changing Working Environment - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 24, 2022

The "Travel Technologies - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Travel Technologies - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • Global Distribution System (GDS), one of the segments analyzed in the report, is projected to record 6.1% CAGR and reach US$9.1 Billion by the end of the analysis period.
  • The U.S. Market is Estimated at $1.7 Billion in 2021, While China is Forecast to Reach $1.9 Billion by 2026
    The Travel Technologies market in the U.S. is estimated at US$1.7 Billion in the year 2021.
  • The disruption to the travel industry is having significant impact on players operating in the travel technology market with revenues reaching new lows in recent months.

Global Travel Technologies Market to Reach $12.5 Billion by 2026

Retrieved on: 
Thursday, March 24, 2022

SAN FRANCISCO, March 24, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Travel Technologies - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, March 24, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Travel Technologies - Global Market Trajectory & Analytics" .
  • Amid the COVID-19 crisis, the global market for Travel Technologies estimated at US$8.9 Billion in the year 2022, is projected to reach a revised size of US$12.5 Billion by 2026, growing at a CAGR of 6.8% over the analysis period.
  • The U.S. Market is Estimated at $1.8 Billion in 2022, While China is Forecast to Reach $1.9 Billion by 2026
    The Travel Technologies market in the U.S. is estimated at US$1.8 Billion in the year 2022.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Capstone Green Energy Increasing its Distributor Support System (DSS) Revenue as the Business Model Continues to Shift Towards Energy as a Service

Retrieved on: 
Monday, March 7, 2022

Capstone Green Energy Corporation (NASDAQ: CGRN), a global leader in carbon reduction and on-site resilient green Energy as a Service (EaaS) solutions, announced today it is increasing its Distributor Support System, or DSS program fee to support the expanding EaaS business.

Key Points: 
  • Capstone Green Energy Corporation (NASDAQ: CGRN), a global leader in carbon reduction and on-site resilient green Energy as a Service (EaaS) solutions, announced today it is increasing its Distributor Support System, or DSS program fee to support the expanding EaaS business.
  • The Company has recently undertaken a holistic review of the organization, taking the growing EaaS business into account.
  • The Capstone DSS program adds diversity to the Companys EaaS revenues which also include long-term rentals, long-term service agreements, spare parts and engineering services.
  • Through Hydrogen & Sustainable Products (H2S), Capstone Green Energy offers customers a variety of hydrogen products, including the Company's microturbine energy systems.

AGF Management Limited Reports Fourth Quarter and Fiscal Year 2021 Financial Results

Retrieved on: 
Wednesday, January 26, 2022

Mutual fund gross sales of $914 million for the fourth quarter of 2021, an improvement of 35% year-over-year

Key Points: 
  • Mutual fund gross sales of $914 million for the fourth quarter of 2021, an improvement of 35% year-over-year
    AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the fourth quarter and fiscal year ended November 30, 2021.
  • AGF reported total assets under management and fee-earning assets1 of$42.6 billioncompared to$43.4 billionas at August 31, 2021 and $38.3 billion as at November 30, 2020.
  • AGFs mutual fund gross sales were $914 million for the quarter compared to $679 million in the comparative period, a 35% improvement year over year.
  • The continued trend of net sales, combined with improved financial results, resulted in higher variable selling, general and administrative costs in the three and twelve months ended November 30, 2021.

Franklin Templeton Introduces Global Brand Campaign ‘Hello progress’

Retrieved on: 
Tuesday, January 18, 2022

Franklin Templeton today announced the launch of its global brand campaign, Hello progress , which reintroduces the Franklin Templeton brand and embodies the firms relentless focus on innovation and the belief that every change creates an opportunity to better meet client needs.

Key Points: 
  • Franklin Templeton today announced the launch of its global brand campaign, Hello progress , which reintroduces the Franklin Templeton brand and embodies the firms relentless focus on innovation and the belief that every change creates an opportunity to better meet client needs.
  • Rick Andrews, head of global marketing for Franklin Templeton, said, Franklin Templeton has a new story to tell.
  • The Franklin Templeton brand campaign ads feature short, one- and two-word headlines that are immediately paid off in the subhead.
  • Franklin Resources, Inc. [NYSE:BEN], is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries.

T. ROWE PRICE NAMES HEAD OF GLOBAL DISTRIBUTION DIGITAL SOLUTIONS

Retrieved on: 
Tuesday, December 21, 2021

BALTIMORE, Dec. 21, 2021 /PRNewswire/ -- T. Rowe Price announced today that Chrystal Williams has joined the firm's Global Distribution organization as head of its newly created Global Distribution Digital Solutions group.

Key Points: 
  • BALTIMORE, Dec. 21, 2021 /PRNewswire/ -- T. Rowe Price announced today that Chrystal Williams has joined the firm's Global Distribution organization as head of its newly created Global Distribution Digital Solutions group.
  • The new team will bring together several digital capabilities from across the firm including those supporting web product ownership, digital design, product data display, and common local digital marketing tools to amplify the firm's digital experience for clients across T. Rowe Price businesses.
  • She joins T. Rowe Price from Arbi Solutions, a consulting business she established in 2018.
  • Founded in 1937, T. Rowe Price (NASDAQ-GS: TROW) is an independent global asset management company with $1.63 trillion in assets under management as of November 30, 2021.

PROS Acquires Digital Offer Marketing Pioneer EveryMundo

Retrieved on: 
Tuesday, November 30, 2021

PROS (NYSE: PRO), a provider of SaaS solutions optimizing shopping and selling experiences, today announced the acquisition of EveryMundo, LLC (EveryMundo), a privately held company based in Miami, Florida.

Key Points: 
  • PROS (NYSE: PRO), a provider of SaaS solutions optimizing shopping and selling experiences, today announced the acquisition of EveryMundo, LLC (EveryMundo), a privately held company based in Miami, Florida.
  • EveryMundo is a digital offer marketing pioneer that enables brands to broaden their digital reach and deepen customer engagement, pulling them in to direct selling motions to create superior brand experiences and foster loyalty over time.
  • We are thrilled to welcome the EveryMundo team to the PROS family, said PROS President and Chief Executive Officer Andres Reiner .
  • Additional information relating to uncertainty affecting the PROS business is contained in PROS filings with the Securities and Exchange Commission.