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Haveli Investments Acquires Accommodations Plus International
AUSTIN, Texas--(BUSINESS WIRE)--Haveli Investments, a technology-focused private equity firm, today announced its acquisition of Accommodations Plus International (“API” or the “Company”), a global leader in crew accommodations and travel technology solutions. This transaction marks the beginning of an exciting partnership aimed at accelerating API’s growth through global expansion and cutting-edge technology investments. Haveli’s acquisition of API will provide substantial resources and strate...
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Tanzania Tourism Sees Dramatic Increase in Visitor Numbers and Revenues
DODOMA, Tanzania--(BUSINESS WIRE)--The Government of the Republic of Tanzania has announced significant progress in growing its tourism sector with international tourism volumes increasing by 132 per cent from 922,692 tourists in 2021 to 2,141,895 in 2024. This was complemented by even faster growth of 308 per cent in domestic tourism, from 788,933 in 2021 to 3,218,352 in 2024. The United Nations Tourism body, UN Tourism, has ranked Tanzania the fastest growing Africa destination in 2024, with...
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Interval International Continues Offering Members Access to Top U.S. Destinations with Spinnaker Resorts Renewal
MIAMI--(BUSINESS WIRE)--Interval International renews affiliation with Spinnaker Resorts, offering members access to ten properties in Hilton Head, Ormond Beach, and Branson....
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Travel Retail Global Strategic Business Report 2025-2030: Increasing Cross-Border Brand Collaborations Accelerate Demand for Exclusive Travel-Only SKUs - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Travel Retail - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Travel Retail was valued at US$95.5 Billion in 2024 and is projected to reach US$153.3 Billion by 2030, growing at a CAGR of 8.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff d...
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Viking Announces Pricing of its Secondary Offering
LOS ANGELES--(BUSINESS WIRE)--Viking Holdings Ltd (NYSE: VIK) (“Viking”) today announced the pricing of its secondary offering of an aggregate of 30,531,917 ordinary shares at a public offering price of $44.20 per share. The offering is expected to close on May 29, 2025, subject to customary closing conditions. Viking is not offering any ordinary shares and will not receive any proceeds from the offering. J.P. Morgan and BofA Securities are acting as underwriters for the offering. A shelf regis...
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Pursuit Appoints New Chief Accounting Officer
DENVER--(BUSINESS WIRE)--Pursuit Attractions and Hospitality, Inc. (NYSE: PRSU) (“Pursuit”) today announced the appointment of Mike Bosco as Senior Vice President and Chief Accounting Officer (“CAO”), effective July 1, 2025. He succeeds Leslie Striedel, who will depart the company on June 30 following a successful 11-year tenure in the role. “Leslie has been an exemplary member of our leadership team during her tenure as CAO. She has provided a strong and steady voice guiding us through many im...
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Viking Announces Launch of Secondary Offering of Ordinary Shares
LOS ANGELES--(BUSINESS WIRE)--Viking Holdings Ltd (NYSE: VIK) (“Viking”) today announced the launch of a secondary offering of an aggregate of 30,531,917 ordinary shares by certain selling shareholders of Viking (collectively, the “Selling Shareholders”), pursuant to a registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission (“SEC”). The Selling Shareholders will receive all of the proceeds from this offering. Viking is not offering any ordinary shares and will...
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Agilysys to Participate in the William Blair 45th Annual Growth Stock Conference
ALPHARETTA, Ga.--(BUSINESS WIRE)--Agilysys, Inc., (Nasdaq: AGYS), a leading global provider of hospitality software solutions that enable organizations to go beyond what they can accomplish with traditional property management systems (PMS), point-of-sale (POS) solutions and food-and-beverage inventory and procurement (F&B I&P) systems, today announced it will participate in the William Blair 45th Annual Growth Stock Conference to be held in person, in Chicago, Illinois, June 3rd – June...
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Onvo Launches Sizzling Summer Sweepstakes
SCRANTON, Pa.--(BUSINESS WIRE)--Onvo, a Northeast Pennsylvania-based travel plaza chain, is turning up the heat this summer as today they announced the launch of their Sizzling Summer Sweepstakes. Participants will have the chance to win the grand prize of a Caribbean cruise for two. To enter the sweepstakes, download the Onvo app between now and September 1, and fill out the entry form for a chance to win. Throughout the duration of the sweepstakes, there will be weekly in-app giveaways. Some...
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ACEL Power Signs Strategic Distribution Agreement with En-Syst to Expand Electric Marine Propulsion in Southeast Asia
VANCOUVER, British Columbia--(BUSINESS WIRE)--ACEL Power taps En-Syst, a leader in power systems, to launch electric marine propulsion across Southeast Asia, targeting zero-emission transport....