Travel Weekly Group Ltd - 10 Minutes News for Hoteliers - Page 84

2 min

Alvarez & Marsal appoints Martin Rinck as…

📌 Alvarez & Marsal (A&M) has expanded its EMEA Travel, Hospitality & Leisure Practice with Martin Rinck as managing director. Rinck possesses 35 years of expertise, including 13 years on Hilton's Executive Committee, and roles such as EVP & Chief Brand Officer and EVP, Global Head Luxury & Lifestyle Group. He contributed to Hilton's growth from 90 to 600+ properties and a $2 billion revenue increase. Rinck also serves on various boards, including Room to Read and SLH.

1 min

Travel company eDreams ODIGEO quadruples…

🚀 🚀 eDreams ODIGEO, a travel subscription company, achieved a subscriber milestone, growing from 1.9 million to 7.25 million members within three years. The company celebrated this quadrupling of its base this week, marking a significant success since setting this goal in November 2021. Dana Dunne, CEO, attributes the growth to eDreams' adaptable, scalable model, and technological prowess including AI capabilities. This milestone aligns with the strategic targets for the fiscal year ending 31 March 2025.

1 min

NUMA Group reports 100% revenue growth in 2024

🏨 NUMA Group, Europe's fully digitalised hospitality platform, saw success in 2024 through strategic European expansion, acquisitions, and partnerships. Now in 36 cities across 15 countries, NUMA, led by CEO Christian Gaiser, targets contemporary travelers with technology-driven solutions. In 2024, €80 million in revenue and €50 million in Gross Operating Profit were achieved. Plans for 2025 include growth and exploring M&A opportunities to enhance their AI-driven hospitality approach, including in-room AI assistants for guest experiences.

1 min

SAS Cargo transitions to Accelya’s FLX…

🛫 SAS Cargo has adopted Accelya’s FLX Cargo Platform to modernize operations, moving away from legacy technology to a cloud-based solution that digitalizes the cargo value chain. The platform includes AI/ML-powered revenue management and price influencer modules for dynamic pricing. This digital transformation enables SAS Cargo to manage distribution channels more effectively, enhancing customer service and adapting to market changes, as emphasized by President & CEO Markus Ek.

2 min

Culinary cravings inform travellers’…

🍴 50% of UK holidaymakers try replicating a delicious meal from abroad at home. Research by loveholidays and SamsEats included 2,000 participants, with 41% going to "extreme lengths" due to cravings. 31% visit specialist stores, 24% watch local chef videos, and 19% seek expert advice while abroad. Top attempted cuisines: Italian (47%), Greek (30%), and Thai (19%). 15% stock ingredients for months, and 16% translate recipes. Despite efforts, 64% admit to culinary failures, with only 66% getting close to the original taste.

2 min

MATARAT Holding partners with SITA to…

✈ MATARAT Holding signed an MOU with SITA to digitize Saudi airports, enhancing passenger experience and operational efficiency. SITA has implemented biometric systems in Riyadh's King Khalid International Airport and created the Kingdom's first fully biometric journey at NEOM Bay Airport. The collaboration aims to support Saudi's goal of handling 330 million passengers annually by 2030, connecting over 250 destinations. MATARAT oversees 27 airports, aiming to align with the Saudi Aviation Strategy and Vision 2030.

2 min

Travel policy decision-makers put savings…

🚌🚌 In a survey of 1,000 UK participants, 67% prioritize cost savings in business travel over the next 12 months; 39% rank it as their top priority, shifting from the previous five years' focus on sustainability. Only 28% experienced increased focus on sustainability since 2020, compared to 25% on cost reduction. Currently, 46% consider sustainability a top priority, with 56% actively trying to reduce carbon emissions. Despite the cost focus, just 28% plan to cut business travel spending, while 21% will increase it. "Ease of use for employees" is the third key priority at 34%. Another survey of 250 business travelers found preferences for premium travel options and short wait times, indicating a possible underestimation of such employee preferences by policy makers. Uber for Business UK's Director, Jenna Brown, emphasizes the importance of ground transportation costs and the benefits of shorter wait times and easier expensing for employee satisfaction.

2 min

Insurtech company Pikl boosts its…

🏖 Pikl, a vacation rental insurtech company, appointed Steve McGuinness as COO and James Everett as CUO to bolster its leadership for growth post successful 2023 B2B launch. McGuinness, formerly at Saga, Auto & General, Chubb, RBS, will manage performance and risk. Everett, ex-Deputy Head of Underwriting at Canopius Group, will focus on insurance solutions for vacation rental businesses. CEO Louise Birritteri anticipates rapid growth and market expansion with their expertise.

2 min

Cybersecurity threats and geopolitical…

📌 A survey of 500 UK business travellers by Opinium for World Travel Protection reveals 55% find business travel increasingly unpredictable, and 43% are less willing to travel for work. The main concerns for 2025 are travel disruption (74%), losing essential items (72%), crime (65%), cybersecurity threats (62%), and geopolitical instability (59%). In 2022, World Travel Protection saw a 17% increase in emergency evacuations and repatriations, and severe weather disruptions nearly 50% higher. Health and mental health concerns are significant, with 59% worried about medical emergencies and 58% about mental health issues. Women expressed greater concern about travel safety, with 56% worried about harassment and discrimination, and 63% about sexual assault.

1 min

BizAway appoints a new General Manager

🏢 Dario Rizzo joins Italian-based scale-up BizAway as General Manager to bolster the company's global brand positioning and invest in young talent. With a degree in Economics and Banking Science and specialization in Economics and Financial Intermediaries Management from Siena, Rizzo brings digital strategy and B2B marketing experience from previous roles at Tribe47, GetResponse, and Factorial in cities like London, Warsaw, Gdańsk, and Barcelona. CEO Luca Carlucci anticipates Rizzo will enhance community, share knowledge, and create new opportunities for the company.

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