Martin Cowen News

Hertz devises restructuring plan after private equity injection
News / Distribution
Hertz devises restructuring plan after private equity injection
By Linda Fox | March 3, 2021
Investment firms Knighthead Capital and Certares Opportunities are committed to investing up to $4.2... Read More
Campsited pegs down €600,000 in funding for business growth
News / Startups
Campsited pegs down €600,000 in funding for business growth
By Linda Fox | March 1, 2021
Dublin-based Campsited hopes to close a further €3 million in the next three months after landing... Read More
Amadeus ends 2020 with large losses and 61% drop in revenue
News / Distribution
Amadeus ends 2020 with large losses and 61% drop in revenue
By Linda Fox | February 26, 2021
The distribution giant says that while there was a slight improvement in air traffic in the final... Read More
Airline technology investments slumped in 2020
News / Technology
Airline technology investments slumped in 2020
By Linda Fox | February 25, 2021
Airline and airport technology chiefs have had to reprioritize investment with self-service passenger... Read More
Accor posts €2B loss, lays out 2021 strategy
News / Distribution
Accor posts €2B loss, lays out 2021 strategy
By Linda Fox | February 24, 2021
Accor plans to focus on its ALL loyalty program, further cost reduction and expansion in 2021.... Read More
IHG looks to mid-market brands and digital developments to help recovery
News / Distribution
IHG looks to mid-market brands and digital developments to help recovery
By Linda Fox | February 23, 2021
IHG is continuing with the phased rollout of its Guest Reservation System, developed in partnership... Read More
Kakao Mobility lands $200M investment, looks to growth
News / Distribution
Kakao Mobility lands $200M investment, looks to growth
By Linda Fox | February 23, 2021
Kakao Mobility plans to lean on Carlyle's industry knowledge to speed up its growth strategy.... Read More
Room for improvement - diversity in the hospitality boardroom
News / Distribution
Room for improvement - diversity in the hospitality boardroom
By Linda Fox | February 19, 2021
A new report says about a third of publicly listed hospitality companies have just one or no women in... Read More
Questo unlocks $1.5M in funding, targets tours in more U.S. cities
News / Startups
Questo unlocks $1.5M in funding, targets tours in more U.S. cities
By Linda Fox | February 18, 2021
Questo is aiming for 200 cities by the end of 2021, growing from over 100 where it currently has games... Read More
Hilton posts big losses for 2020 yet forging ahead with new properties
News / Distribution
Hilton posts big losses for 2020 yet forging ahead with new properties
By Linda Fox | February 17, 2021
Despite the pandemic, Hilton has a development pipeline of more than 2,500 properties.... Read More
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