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    Booking Holdings 1Q Loss Narrows, Revenue Falls

    By Adriano Marchese Booking Holdings Inc. on Wednesday reported a much-narrowed loss in the first quarter, despite a fall in revenue in the period. The travel technology company said loss per share was $1.34, compared with a loss of $17.01 in the comparable quarter a year ago. Net loss was $55 million, compared with $699 million a year ago. The company said that the results for this quarter include net gains on marketable equity securities of $32 million while the results for the first quarter of the prior year include net losses on marketable equity securities of $307 million. Adjusted […] More

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    Singapore Business Review recognises top winners for International and National Business Awards

    This year’s International Business Awards and National Business Awards were held last April to May. The COVID-19 pandemic hasn’t ended yet, but its impact on businesses has already left a devastating effect on many companies globally. And while specific industries have borne the full brunt of the catastrophe, the ripple effect can be felt by all industries. Those that have successfully learned to maneuver through the uncertainties and adapted to the changes have better chances of surviving even after the crisis ends. In an effort to recognise these organisations that have successfully adjusted to the new actualities of a pandemic […] More

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    Deem Expands Into Canada With Worldgo Partnership

    Oakland, Calif., May 04, 2021 (GLOBE NEWSWIRE) — Deem, a leading mobile and cloud technology provider for the corporate travel industry, today announced its first Canadian partnership with travel management company (TMC) Worldgo. The corporate TMC was searching for a modern travel booking and management platform that includes a robust mobile application, and found the Etta solution from Deem offers the functionality its clients require. “Full mobile performance — offering air, hotel, and car booking and management with accessibility features — is way past due for the business travel industry,” said Deem President David Grace. “By continuing to focus on […] More

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    Invesco Select Trust Plc – Transaction in Own Shares

    Invesco Select Trust plc LEI: 549300JZQ39WJPD7U596 HEADLINE: Purchase of Own Securities UK Equity Shares (IVPU) The Company announces that, on 4 May 2021 it repurchased 250,000 UK Equity Shares of 1p each at 172p per share, to be held as Treasury shares. The total number of UK Equity Shares held in Treasury following this repurchase is 22,312,275. The total number of UK Equity Shares of 1p each remaining in issue (excluding 22,312,275 UK Equity Shares of 1p each held in Treasury) is 88,769,308. . Invesco Asset Management LimitedCorporate Company Secretary4 May 2021 Read further. More

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    Sabre (SABR) Reports Q1 Loss, Misses Revenue Estimates

    Sabre (SABR) came out with a quarterly loss of $0.72 per share versus the Zacks Consensus Estimate of a loss of $0.51. This compares to loss of $0.29 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -41.18%. A quarter ago, it was expected that this provider of technology services to the travel industry would post a loss of $0.67 per share when it actually produced a loss of $0.77, delivering a surprise of -14.93%. Over the last four quarters, the company has not been able to surpass consensus […] More

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    Upselling Extra Legroom on Delta May Be Model for Distribution’s Future

    Airline distribution is the largest business segment for Sabre, so new airline contract terms are a big deal for the travel technology company based in Southlake, Texas. Sabre said Tuesday that a multi-year distribution contract with Delta Air Lines that it announced on Monday has terms Sabre believes will be a model for its contracts with other large carriers. The Delta contract more explicitly links Sabre’s commission to the upselling of ancillaries, such as checked bags and more legroom. “If we’re helping them sell higher yield tickets, we will actually get more revenue for that,” said Sean Menke, president and […] More

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    Betterez adds Skylynx Airport Shuttle to “Air2Bus” Inventory; Signs with Roam Transit to Implement Capacity Management

    Airport Transfer from Vancouver (YVR) to several mountain and downtown locations Betterez adds Vancouver Skylynx Airport Shuttle to “Air2Bus” Inventory; Signs with Alberta Public Transit Agency to Implement Capacity Management. TORONTO, CANADA, May 4, 2021 /EINPresswire.com/ — Betterez, a travel technology platform with innovative solutions in sales and inventory management for the Bus & Coach Industry, announced today new engagements that continue to diversify its customer use cases for airport shuttle and public transit inventory. “As Betterez continues to expand our Software-as-a-Service out-of-the-box functionality, as well as offer key features as ‘modules,’ for example Revenue Management, the diversification of customer […] More

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    Ex-Coke Atty Becomes Interim CLO At Cannabis Giant Tilray – Law360

    Law360 (May 4, 2021, 4:08 PM EDT) — A former longtime in-house lawyer at Coca-Cola is now the interim chief legal officer and corporate secretary at Canadian cannabis company Tilray, following its completed merger this week with Aphria, a grower and consumer packaged goods manufacturer. Dara Redler, who has been general counsel at Tilray since 2019 and earlier in her career worked at the Atlanta-based beverage giant, was listed in the announcement on Monday among the members of the executive leadership team at the newly combined company, which is known as Tilray. Irwin Simon, chairman and CEO of the Canadian-based […] More

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    Why Briggs From Green Zone Looks So Familiar

    In 2005, “Star Trek: Enterprise” aired its final episode, “These are the Voyages…,” thus bringing a close to a period where, from 1987 onward, there had always been a Trek series on the air. At the time, nobody knew when, or if, we’d ever see Star Trek television show again. It may have taken awhile, but eventually, 2017 ushered in a new CBS streaming platform, and with it, “Star Trek: Discovery.” “Discovery” has no shortage of heroes — Michael Burnham (Sonequa Martin-Green), Saru (Doug Jones), and Tilly (Mary Wiseman), just to name a few. However, one of the show’s stand-out characters […] More

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    ‘Huge’ response seen for Qatar Travel Mart Conference in November

    The Qatar Travel Mart Conference will be held from November 16 to 18 at the Doha Exhibition and Convention Center and will feature 90 exhibiting local and international companies     A huge response has been seen from both local and international travel and tourism sector for the Qatar Travel Mart Conference in November this year, the organisers said on Monday. The Qatar Travel Mart Conference will be held from November 16 to 18 at the Doha Exhibition and Convention Center. The event will feature 90 exhibiting local and international companies, while also covering seven sectors such as luxury, business, […] More

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