News & Stories
Berlin. At ITB, Utell, a subsidiary of Pegasus Solutions presented a new reservation system for final consumers. There, the hotels are divided into collections and niche brands.
Salzburg/New York (February 23, 2007). The everyday hotel business is increasingly dominated by high-tech devices and Internet. Internet technology is becoming the basis of telephone, television and many an extravagance. Whereas in this country, hotel managers are still thinking of installing cables, routers and connecting devices, they are already out-of-date in the US. The wishes of the young guests simply dictate the hotel equipment in the US,. The ones that are not able to keep up will lose their guests.
Berlin/Frankfurt. From this spring onwards, the German Centre for Tourism will allow future hotel guests to book their rooms directly through its homepage. The initiative follows in cooperation with Dehoga and the German Hotel Association, which now stand to phase out their online portal hotellerie.de and end their cooperation with the German direct enquiries service 11880.
Southlake/Texas. Sabre Holdings will be sold to a private equity firm and a private investment partnership company. Last Tuesday, the parties signed a definitive agreement under which Silver Lake Partners and TPG will acquire Sabre Holdings for 32.75 USD per share in cash. Some days before the merger between Worldspan and Travelport Ltd was announced.
Cambridge. The American priceline.com online travel agency is now including its British subsidiary, Active Hotels in its huge brand. Active Hotels Limited will run under the name of booking.com similar to the German subsidiary.
New York. Hotel marketing experts are urging hotel managers to do the math before placing pay-per-click advertisements.
New York. Hotels revenue from their Web sites is still lagging far behind online travel agencies. Three years ago hotels were the forerunners.
Nuremberg. The online hotel-booking platform of hotel.de will be marketed under the domain of travelres.com on an international level. At the same time, the company is opening up a distribution office in London and plans to open offices in other countries.
Berlin. Travellers finding themselves still at the airport, train station or in the centre of town without a bed for night can now book a room in over 80 outlets of the Reisebank - in some outlets even as late as up to 10 o'clock at night.
Parsippany. Cendant Corporation announced that it has entered into a definitive agreement to sell Travelport, the Company's travel distribution services subsidiary, to an affiliate of The Blackstone Group for approximately 4.3 billion USD in cash. The completion of the transaction is expected to close in August 2006.