October 23, 2014

Pegasus Solutions spins off reservations business to Regent Equity Partners

While Regent Equity Partners, with offices in Los Angeles, acquires the hotel-facing Pegasus Reservations Services, Pride Capital-owned Pegasus Solutions keeps the distribution side of the business, and presumably its debt, in the form of the Pegasus Solutions brand.

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Expedia’s Wotif acquisition delayed again


Wotif said the NZCC letter focused on its continuing investigation of the competitive constraints between online travel agencies, metasearch sites and other evolving online business models and from other distribution channels, including direct hotel bookings.

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The future of travel: Total connectivity


Mobile check-in will become standard throughout the airline industry and passengers may get biometric data cards to speed them through security under a forecast for the future of travel created by the Airline Passenger Experience Association. The forecast also expects continued emphasis on "lighter, tighter, and narrower" economy-class seating.

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The world’s best hotels and resorts according to Conde Nast Traveler’s readers


Conde Nast Traveler today announced the results of its 27th annual Readers' Choice Awards, ranking the best hotels, resorts, cities, islands, airlines, and cruise lines in the world. Over 76,600 dedicated readers cast votes for 7,721 hotels, 642 cities, 453 cruise ships, and 148 islands, in an average survey time of 16.5 minutes. The result? The 1,182 best travel experiences in the world.

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