Amadeus and Accor have expanded their partnership, with Accor implementing Amadeus’ Central Reservation System (ACRS) for its global portfolio of properties. The cloud-based technology aims to boost revenues, optimize distribution strategies, and create personalized guest connections. ACRS empowers hotels with cutting-edge technology, including enhanced user experience and simplified daily operations. The collaboration aims to transform the hospitality landscape by offering personalized offers and tailored experiences, ensuring guest satisfaction and loyalty.
Results for: Distribution
BradyPLUS, a leading distributor of JanSan, foodservice, and industrial packaging products, has acquired iPAK, an industrial and agricultural custom packaging distributor serving the greater Northwest and Intermountain West regions. Founded in 1983, iPAK offers a wide range of industrial and agricultural packaging products and equipment and has grown into a leading value-added distributor in the markets and geographies they serve. The acquisition will enable BradyPLUS to scale its presence in a priority geography and expand its industrial packaging capabilities.
Brookfield India Real Estate Trust (BIRET) witnessed an impressive 89% increase in its adjusted net operating income (NOI) to ₹460.8 crore during the March quarter of 2023-24, compared to ₹244.4 crore in the same period of the previous year. This strong performance was driven by robust leasing activity, with the company achieving its highest-ever quarterly new leasing of 0.9 million square feet during the quarter.
PriceTravel Holding, a leading player in the Latin American travel industry, has been accepted into the Hotel Electronic Distribution Association (HEDNA). This significant milestone underscores the company’s dedication to enhancing efficiency and scalability while solidifying its foothold in the hotel sector.