The Public Investment Fund (PIF) unveiled a multi-year partnership, Electric 360, with Formula E, Extreme E and E1 to support the growth of electric motorsports and their role in advancing the future of electric mobility. The new partnership will draw together initiatives that underscore the power of electric motor sports to drive technological innovation, and revolutionize sustainable transport and future mobility – while leading the way in carbon reduction. PIF also announced the launch of its new brand revamp, which captures PIF’s heritage and essence and embodies its commitment to progress and growth in driving transformation at a historical scale. The new identity will be used at all PIF partnership events, including E360 events, throughout 2024 and beyond. PIF is ranked by Global SWF as one of the top sovereign wealth funds in the world and number 1 in the Middle East for Sustainability among the top 100 sovereign wealth funds globally. The E360 collaboration is in line with PIF’s broader sponsorship platform, bringing to life the brand’s ambition with a focus on four pillars: inclusivity, sustainability, youth, and technology. The partnership announced today will also promote educational opportunities tied to the cutting-edge engineering of electric motor sports, as well as community, social programs and environmental stewardship. With PIF as the sole principal partner to span all three series, this initiative will directly facilitate and accelerate the delivery of: • PIF Electric 360 thought leadership events, bringing together leading industry experts with the brightest minds to drive sustainable mobility change; • STEM initiatives globally to coincide with each championship series; and • Community apprenticeship programs with industry partners in each championship. The partnership will support the mission-driven objectives of all …
Read More »IBS Software acquires APS for $90 Million as it targets major growth in hospitality sector
IBS Software has reached an agreement to acquire the ground-breaking hotel and travel technology provider Above Property Services (APS). The $90 million transaction will further solidify IBS Software’s position in the hospitality market and strengthen the brand, to underpin an ambitious expansion of its reach in the hospitality industry. The strategic acquisition will enable IBS Software to provide the only unified platform in the hospitality industry for seamlessly managing the entire customer journey from booking to fulfillment for the global hotel chain, resort, and gaming markets. The move will significantly expand the company’s offering with the addition of cutting-edge CRS (Central Reservation System), PMS (Property Management System) and RMS (Revenue Management System) solutions. With this acquisition IBS Software adds Call Center and Demand-side (stored and third-party inventory) solutions to its already established booking engine and distribution platform used by over 36,000 hotels worldwide, including many of the world’s largest and best-known hotels and resorts. APS was founded in 2012 by Aaron Shepherd, an industry pioneer who developed a number of the world’s leading hospitality PMS and CRS solutions. The company was established to completely reinvent hotel software from the ground up, offering a revolutionary cutting-edge unified platform optimized for the hotel enterprise sector. A typical hotel organization requires multiple core software platforms to capture bookings and provide services, requiring multiple vendors and integrations. Each system needs unique logins, user interfaces, training requirements, upgrade paths, pricing and contract terms, breeding inefficiency – especially considering 80% of the data in each application is redundant and has to be replicated or synchronized. Over the last decade, APS’s platform has created a new standard for speed, flexibility and stability for travel and hospitality CRS, PMS …
Read More »SAUDIA to operate flying taxis to ferry pilgrims between Jeddah and Makkah
Saudi Arabian Airlines intends to buy around 100 aircraft to operate flying taxis between King Abdulaziz International Airport in Jeddah and hotels in Makkah. The Saudi national carrier is making preparations to use air taxis as a new mode of transportation during the Hajj season, according to Abdullah Al-Shahrani, director of corporate communications and spokesman of the Saudia Group. He said that the Saudia Group has contracted the purchase of 100 Lilium jets, German electric vertical take-off and landing (eVTOL) aircraft, to shuttle between the Jeddah airport and airstrips in Makkah hotels near the Grand Mosque and other holy places. “The electric plane Lilium is one of the first aircraft that operates entirely on electric power. The news is according to the Saudi Gazette. “After completing the necessary arrangements, these planes will fly with the guests of God during Hajj and Umrah seasons from King Abdulaziz International Airport in Jeddah to the airstrips in hotels near the Grand Mosque in Makkah,” he told Al-Arabiya. Al-Shahrani noted that flying taxi can transport four to six passengers. “The Lilium aircraft is characterized by a low rate of carbon emissions and is an environmentally friendly aircraft, which makes it one of the possibilities for sustaining air travel and shortening the time of flights, as it covers a maximum distance of 250 km. “Through purchasing nearly 100 aircraft, Saudi Airlines intends to launch an advanced service to connect a number of travel destinations via this advanced electric aircraft, and will support it with air routes between the main airports from where Saudia operates,” he said while pointing out that this is a special service for its guests. He said that the aircraft also features …
Read More »Red Sea Global Collaborates with Zain KSA and Serge Ferrari Group to Launch Innovative Telecom Towers at Ummahat Island The inauguration of these towers coincides with the opening of The St. Regis Red Sea Resort.
Red Sea Global (RSG) with Zain KSA and the French Serge Ferrari Group, has announced a new technical breakthrough to deliver a groundbreaking digital experience at Ummahat Island. Through this strategic partnership, which aims to maximize joint sustainability efforts, RSG and Zain KSA have designed and installed innovative telecom towers to provide visitors with an unprecedented communication experience that combines speed and efficiency of service. At the same time, the towers are fully blended with the aesthetic elements of the island, ensuring that guests enjoy an exceptional experience on the white beaches of Ummahat, with its charming turquoise waters and stunning landscapes. Completion of the towers coincides with the opening of The St. Regis Red Sea Resort, with Nujuma, A Ritz Carlton Reserve, also located on the island, preparing to welcome its first guests imminently. “Today, we are developing a future of stunning destinations with putting people and planet at the center. As we aspire to be leaders in sustainable development and environmental responsibility around the world, we are well aware that achieving this ambitious goal requires being surrounded by partners who share a common development vision, a common ethical and social commitment, as well as a desire for innovation and uniqueness. Our strategic partnership with Zain KSA, a leading provider of telecommunications and digital services, is once again yielding an unprecedented technological milestone. We are confident that we have a partner capable of turning all our digital ambitions into reality, through its extensive experience in innovation in the telecommunications and digital services sector,” said Group Head of Technology at Red Sea Global, Dr. Ahmed Al Suhaili. The project had four main objectives: provide an ideal 5G service; enhance the island’s …
Read More »Jazeera Airways contracts Intelligent Management Solutions
Jazeera Airways announced the signing of a new facilities management contract with Kuwait-based Intelligent Management Solutions (IMS). Under the terms of the contract, IMS will utilize its Computerized Aided Facilities Management System (CAFM IMS) to digitize operations systems and maintenance at Jazeera Terminal 5 (T5) and other facilities. This contract is a part Jazeera Airways’ commitment to support local businesses. Speaking about the contract, Naser Al Obaid, Chief Executive Officer, Jazeera Terminal 5, highlighted: “We are pleased to partner with Intelligent Management Solutions and benefit from their comprehensive digital operations and maintenance system to manage our facilities. It is also a matter of pride to be working with a Kuwaiti startup that has seen many successes in providing its services to local and regional companies.” Jazeera Terminal 5 (T5), fully owned and operated by Jazeera Airways aims to make the passenger journey faster and smoother. The recently upgraded terminal includes 24 check-in desks, five boarding gates, transit areas, food, and beverage options, Duty Free and retail outlets as well as service provider desks for the convenience of all passengers. A 350-vehicle parking building across the road is connected to the Terminal by a walking bridge making it easier to cross over or transfer luggage, especially during the summer months. With just one security check to be cleared for departures, passengers can relax till it’s time to board their flight. IMS is a startup company founded by Kuwaiti entrepreneur Faleh Alajmi. The company developed its proprietary Computerized Aided Facilities Management System (CAFM IMS) to enable companies to efficiently manage facilities, reduce maintenance costs and preserve asset values. The system, alongside the company’s services and solutions, has benefited government-owned and private companies …
Read More »Amadeus brings travel technology expertise to membership in the Sustainable Hospitality Alliance
Amadeus has joined the Sustainable Hospitality Alliance (the Alliance) to bring its travel expertise to the table in the quest to support a more prosperous and responsible hospitality sector. As a leading, global player at the heart of the travel and tourism sector, Amadeus sees great potential to work alongside and connect with hospitality industry stakeholders and, together, contribute on the journey to the Alliance’s goal of Net Positive Hospitality – ensuring the industry gives back to destinations more than it takes. The Sustainable Hospitality Alliance, with donor members including 27 world-leading hotel companies with a combined reach of over 50,000 properties, brings together engaged hospitality companies and the wider hospitality value chain, such as owners, investors, and suppliers to address key challenges affecting people and places around the world related to hospitality. Through strategic initiatives and global networks, the organization develops practical programs to create a prosperous and responsible hospitality sector that contributes to a positive net impact on destinations. As part of its membership, Amadeus will hold a permanent position on the Senior Advisory Council that was established to provide strategic advice, create a network of influential leaders and drive change towards Net Positive Hospitality. Key areas of focus for Amadeus include education, accessibility and helping travelers and guests make informed decisions. Glenn Mandziuk, CEO, Sustainable Hospitality Alliance, says: “Having Amadeus’ broad, global travel expertise in the discussion with the Alliance is a game changer. Onboarding Amadeus to our Senior Advisory Council is an important step in tackling the challenges the hospitality industry faces. Having Amadeus as a member will help drive our collaborative approach on the journey to Net Positive Hospitality. The Alliance is built for the …
Read More »Philippine Airlines employees fly high with IBS Software’s iFly Staff
Philippine Airlines (PAL) and its affiliate carrier, PAL Express (PALex), have embarked on the next phase of their journey to deploy IBS Software’s iFly Staff travel solution. Built to improve travel operational efficiency for airline employee travellers, iFly Staff is a SaaS solution designed to automate the end-to-end business and leisure travel booking process for airline employees. The partnership with iFly Staff enables PAL and PALex employees, dependents and retirees to plan, book and manage their travel requirements for leisure and business trips via multiple channels and devices. PAL is the first Southeast Asian SaaS customer of IBS Software and the fourth from the Asia-Pacific region. Since the go-live, iFly Staff has significantly improved the travel experiences of PAL employees by replacing tedious paper-based manual processes with self-service booking capability, reducing staff travel booking time from days to minutes. Additional benefits include a reduction in general office backlogs, enhanced policy and security compliance, and the facilitation of multiple payment options. Jo-Ann Maluenda, Vice President of Human Capital at PAL, remarks: “PAL’s primary objective is to provide our valued employees, their families, and loyal PAL retirees with a smoother, more streamlined, and user-friendly process for availing of their employee travel benefits. With iFly Staff, our employees can now book their trips anytime, anywhere with just a few clicks. We partnered with IBS Software to achieve end-to-end automation of our employee travel booking and administrative processes, introducing industry-best practices without compromising PAL-specific processes. Our PAL and PAL Express employees work diligently to deliver exceptional service to our customers worldwide, and they deserve a flexible and user-friendly travel experience. We also anticipate substantial savings in back-office work.” Vijay R Chakravarthy, VP & Head of iFly …
Read More »Travelport becomes One Global Travel’s preferred GDS partner to support community of Travel Management Companies
Travelport announced that it is One Global Travel’s preferred Global Distribution System (GDS) partner. As the only GDS provider to One Global, the international community of leading independent travel management companies (TMCs) formed by World Travel Inc. and Clarity Business Travel Management, Travelport will provide access to retail ready content and superior search, shop and servicing capabilities delivered through the Travelport+ platform. One Global TMCs will also benefit from Travelport’s complete New Distribution Capability (NDC) solution, which empowers agents and travel managers to easily compare offers side-by-side and seamlessly service NDC bookings for their travelers. “At One Global we are 100% committed to building trusted and transparent relationships with our suppliers that bring true value to our international community of TMC partners,” said Polly Smoothy, Global Supplier Partnership Manager at One Global Travel. “Travelport is our preferred GDS partner of choice to deliver a broad range of travel content and technology tools.” “Business travel expectations are changing drastically, and employees want the ability to book and manage their work trips quickly, easily and with more control. That is why we designed Travelport+ to help TMCs operate as modern retailers and give travelers more self-service options,” said Paul Broughton, Director of Business Development, EMEA and APAC at Travelport. “Our partnership with One Global will drive modern retailing forward in the corporate travel sector, providing TMCs, their clients and business travelers with greater personalization, more convenience and truly modern experiences.”
Read More »Sabre and IAG expand partnership with multi-year distribution agreement including NDC content
Sabre Corporation entered into a multi-year distribution agreement with International Airlines Group (IAG) that will expand their existing partnership and further promote modern travel retailing practices. The agreement will allow Sabre-connected travel buyers and agencies to sell traditional EDIFACT content as well as having competitive access to NDC offers from British Airways, Iberia, Aer Lingus and Vueling – including Additional Price Points and ancillaries – through the Sabre travel marketplace globally. This enhanced content will provide travel agencies with a wider range of options to compare and shop for, while travellers will benefit from an improved experience with more choice and transparency. Sabre and IAG’s airlines are working closely together and will communicate as NDC content is rolled out to Sabre-connected travel agencies on a carrier-by-carrier basis. The agreement between Sabre and IAG underscores the industry’s shift towards modern travel retailing, where airlines can differentiate their offerings and provide more personalised experiences to travellers. Both Sabre and IAG are committed to advancing the NDC standard as a key component in the industry’s evolution towards modern airline retailing enabled by offers and orders. Colm Lacy, British Airways’ Chief Commercial Officer, said: “We are on a journey to A Better BA and we continue to invest across the business as part of that commitment. Not only are we improving the experience of those customers who fly with us, but also the way we work with our valued travel agent and travel buyer partners. We understand how valuable retailing is to them, and IAG’s partner-ship with Sabre allows us to make a wide range of attractable offers available even further across the globe.” This agreement is another milestone in the IAG strategy to embrace …
Read More »Travelport’s new deal with easyJet brings expanded content to all Agency customers
Travelport and easyJet, announced they have signed a new content distribution agreement that will bring more enriched easyJet content to all of Travelport’s agency customers – now including OTAs for the first time. The multi-year deal confirms that travel retailers using Travelport+ will have access to all easyJet fare types and bundles that the airline has made available to distribution partners, including ancillaries, without any agency channel restrictions. The addition of easyJet’s Standard Plus fare bundles (including seat selection and large cabin bag) and Essential fare bundles (including seat selection and checked bag) which complement the existing fares of Standard, Business Inclusive and Flexi, will significantly enrich the options available for both business and leisure travelers. Agents using Travelport+ will be able to shop and compare easyJet’s products all in one place, so they can easily upsell and personalize offers for their travelers. Travelport’s enhanced servicing capabilities also ensure agents can seamlessly manage easyJet bookings, including modifications and exchanges. “We’re bringing more easyJet content to Travelport+ so that travel retailers across the globe can create more personalized offers and provide superior service to our customers,” said Dominic Tucker, Senior Distribution Manager at easyJet. “Our partnership with Travelport helps us deliver more choice and connectivity to the market so that travelers flying easyJet can easily customize their experience and add-on extras when they book in any channel, whether they are traveling for leisure, business, or both.” “This new deal means that Travelport-connected agencies can access easyJet’s dynamic offers effortlessly, so they can book the best options for travelers based on their needs and preferences,” said David Gomes, Head of Regional Air Partners, EMEA at Travelport. “By opening up easyJet content to …
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