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Tech firm offers option to spread travel costs
Elsewhere, Splitit has just signed up European hotel chain Leonardo Hotels and is also in talks with UK cruise agencies and start-up airlines. The deal will extend to more than 115 Leonardo Hotels across Europe and the Middle East. Beginning in October ...


Hotel CEOs Say They're Cautiously Optimistic About Corporate Travel
Marriott CEO Arne Sorenson echoed similar sentiments, saying “companies…are being very cautious about travel and very cautious about managing expenses, and [there are] others which seem to be spending as if they're having a great party.” He described ...


Travel-Tilting Hedge Funds Are Investing in Airlines and Online Travel Agencies
Two of the most prominent hedge funds with a big travel focus, Paul Reeder's Par Capital Management and Brad Gerstner's Altimeter Capital Management, are investing heavily in airlines and online travel agencies, and both started or increased their ...


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