Latest news with #traveltech
Yahoo
19 hours ago
- Business
- Yahoo
Spain's HBX slides around 20% after full-year guidance trim
By Javi West Larrañaga and Mireia Merino (Reuters) -Shares in Spanish travel technology firm HBX Group slid 20.3% at the open on Wednesday and were on track for their worst day ever, after the group revised its full-year guidance as a result of the macroeconomic backdrop and a weaker U.S. dollar. The company downgraded its expected 2025 revenues to between 720 million and 740 million euros ($831-$854 million) from a previous guidance of 740 million to 790 million euros. It also revised down its total transaction value, now expected to grow by 6% to 9% instead of the 10% to 16% projected at the initial public offering in February. HBX, which buys hotel lodgings, car rentals and other products and resells them in bulk to travel agencies and retailers, said the conflict in the Middle East resulted in double-digit declines in destinations such as Saudi Arabia and Jordan. It also highlighted a 3% drop in revenues in the U.S. as a result of the weaker currency and lower demand in the country. Operating in the travel tech sector, the company is particularly exposed to global dynamics. Fluctuations in travel demand driven by rising trade tensions, currency volatility or geopolitical uncertainty could directly affect its booking volumes and revenue outlook. After a lacklustre start on the Spanish stock exchange, shares in the company have failed to pick up and are now around 20% lower than on their February debut, underperforming the Spanish blue-chip index IBEX-35, which has gained 23.6%. HBX is not part of the IBEX. The group said in a trading update its revenues in the April-June period, the third quarter of its financial year, were up 3% year-on-year. Earlier in July, analysts from Bank of America and Renta 4 said in separate notes that HBX had substantial upside potential, as the fragmented market it competes in should consolidate around the bigger players and smaller ones are set to be pushed out. ($1 = 0.8661 euros)
CNA
a day ago
- Business
- CNA
Spain's HBX slides around 20% after full-year guidance trim
Shares in Spanish travel technology firm HBX Group slid 20.3 per cent at the open on Wednesday and were on track for their worst day ever, after the group revised its full-year guidance as a result of the macroeconomic backdrop and a weaker U.S. dollar. The company downgraded its expected 2025 revenues to between 720 million and 740 million euros ($831-$854 million) from a previous guidance of 740 million to 790 million euros. It also revised down its total transaction value, now expected to grow by 6 per cent to 9 per cent instead of the 10 per cent to 16 per cent projected at the initial public offering in February. HBX, which buys hotel lodgings, car rentals and other products and resells them in bulk to travel agencies and retailers, said the conflict in the Middle East resulted in double-digit declines in destinations such as Saudi Arabia and Jordan. It also highlighted a 3 per cent drop in revenues in the U.S. as a result of the weaker currency and lower demand in the country. Operating in the travel tech sector, the company is particularly exposed to global dynamics. Fluctuations in travel demand driven by rising trade tensions, currency volatility or geopolitical uncertainty could directly affect its booking volumes and revenue outlook. After a lacklustre start on the Spanish stock exchange, shares in the company have failed to pick up and are now around 20 per cent lower than on their February debut, underperforming the Spanish blue-chip index IBEX-35, which has gained 23.6 per cent. HBX is not part of the IBEX. The group said in a trading update its revenues in the April-June period, the third quarter of its financial year, were up 3 per cent year-on-year. Earlier in July, analysts from Bank of America and Renta 4 said in separate notes that HBX had substantial upside potential, as the fragmented market it competes in should consolidate around the bigger players and smaller ones are set to be pushed out.
National Post
22-07-2025
- Business
- National Post
Corpay Lodging Launches All-New Mobile App and Added Hotels, Built for Workforce Travel
Article content WICHITA, Kan. — Corpay Lodging, formerly known as CLC Lodging, just dropped its biggest mobile upgrade yet. Article content 'We redesigned everything with our users in mind,' added Chris Kramer, Chief Product Officer for Corpay's lodging solutions. 'Cleaner visuals, better hotel data, more control—this is travel tech made for people who don't sit behind a desk.' Article content Meet the new Corpay Lodging mobile app—a cleaner, smarter, more powerful way for workforce travelers to book and manage hotel stays on the go. Starting today, Corpay Lodging members can download the redesigned app for free on iOS and Android. Article content Whether you're booking travel for a dispersed workforce or just trying to get through check-in after a long shift, this app is built to make the experience simpler and frustration-free. Article content 'We're solving for real-world travel,' said Ryan Guthrie, Lodging Group President of Corpay. 'With more hotel options, smarter tools, and a completely reimagined experience, we're giving crews and coordinators exactly what they need. And early feedback shows it's already making workforce travel easier, more predictable, and more efficient.' Article content The new Corpay Lodging app features: Article content 'We redesigned everything with our users in mind,' added Chris Kramer, Chief Product Officer for Corpay's lodging solutions. 'Cleaner visuals, better hotel data, more control—this is travel tech made for people who don't sit behind a desk.' Article content Corpay Lodging supports field-based industries like construction, transportation, energy, and government, booking over 20 million room nights a year. The new app is part of the company's larger mission to modernize, control costs, and simplify workforce travel across the U.S and Canada. Article content Download the app now: Article content Download on the App Store Article content Article content Get it on Google Play Article content Article content Article content Article content Contacts Article content Media Contact: Article content Article content Chad Corley Article content Article content Article content Article content
Telegraph
22-07-2025
- Telegraph
Ryanair is banning paper boarding passes. Here's everything you need to know
Soon, the days of tucking your boarding pass into your passport will be a distant memory. As more airlines move towards digital boarding passes – including Ryanair, which will ban paper boarding passes from November 2025 – those once-essential tickets are quickly being replaced by apps and digital downloads on your smartphone. But what if you don't have a smartphone, or run out of battery while airside? How do the rules vary between airlines? And which airports refuse to move with the times? As printed passes become passé, here's everything you need to know. In this guide: Which countries require a printed boarding pass? Do I need to print my boarding pass? How do I get a digital boarding pass? Boarding pass rules: Ryanair, easyJet, Jet2, British Airways and more What is a boarding pass? Quite simply, it's your flight ticket – but it holds a surprising amount of information, says Dan Murphy, head of aviation at Flight Centre UK. That little pass includes: 'your full name, date of travel, flight number, origin, destination, booking reference, ticket number, seat number, time of departure, boarding time, boarding group and frequent flyer number and status.' Do all destinations accept digital boarding passes? No – a few still require printed boarding passes for departures, and refuse to accept digital ones. For example, all airports in Morocco require print-outs, including Marrakech and Casablanca. Turkey also demands the old-fashioned way, though it makes an exception for departures from Dalaman. In Albania, you'll need a paper pass to fly from Tirana. You'll either be notified by your airline if a printed boarding pass is required, or simply be unable to download one when checking in online. When you arrive at departures, just go to the check-in desk to collect your paperwork. You won't be charged: all airlines we quizzed said that when flying from the above airports, paper boarding passes will be free of charge – even on Ryanair, after it switches to digital boarding passes from November.
Yahoo
22-07-2025
- Business
- Yahoo
STARFLYER Inc. Partners with IBS Software to transform its STAR LINK Loyalty platform
TOKYO, July 22, 2025 /PRNewswire/ -- STARFLYER Inc., Japan's premium airline, has successfully upgraded its STAR LINK loyalty platform by adopting IBS Software's iLoyal solution. This move marks a significant step in STARFLYER's strategy to modernise its customer engagement systems and deliver a more seamless, personalised travel experience. The transition from a legacy in-house system to IBS Software's cloud-native, scalable loyalty solution enables tighter integration with both domestic and international Passenger Service Systems (PSS), positioning STAR LINK for ongoing growth. The new loyalty platform enhances functionality across mobile and web, offering real-time flight updates, digital membership cards, and access to exclusive tier-based rewards. A major highlight of the upgrade is the launch of a completely overhauled mobile app and member portal, which enables a seamless self-service experience. Members also benefit from a unified platform that simplifies their journey—from managing loyalty status to accessing personalised services. Thanks to iLoyal's Partner Integration Hub, STARFLYER has been able to form innovative partnerships, offering their members the benefits of a broader earn ecosystem. Powered by IBS Software's advanced customer-centric engine, STARFLYER gains insights that enable personalised communications and targeted engagement. The flexibility of iLoyal allows STARFLYER to dynamically adapt its loyalty offering, improving the experience for passengers and business for their partners while supporting the airline's broader digital transformation Goto, Senior Vice President of Innovation Promotion at STARFLYER Inc., comments, "Partnering with IBS Software to upgrade our STAR LINK platform is a major step in enhancing the customer experience. This transformation not only strengthens how we engage with members but also sets the foundation for modernising other legacy systems across our business. It's the first move in a broader digital overhaul that will elevate every stage of the passenger journey."Marcus Puffer, Vice President & Head of Loyalty Solutions at IBS Software, says, "This collaboration with STARFLYER highlights iLoyal's adaptability for mid-size carriers as well as larger airlines. We're proud to support STARFLYER's vision for modernisation and delighted to expand our footprint in the Japanese and broader Asia-Pacific market."To find out more about the cloud-based iLoyal management platform, visit here. About IBS SOFTWARE IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise, hospitality, and energy resources industries. IBS Software's solutions for the aviation industry cover fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel, and air cargo management. Across the hospitality sector, IBS Software offers a cloud-native, unified platform for hotels and travel sellers, including central reservation (CRS), property management (PMS), revenue management (RMS), call centre, booking engine, loyalty, and distribution. For the tour & cruise industry, IBS provides a comprehensive, customer-centric, digital platform that covers onshore, online and on-board solutions. Across the energy & resources industry, we provide logistics management solutions that cover logistics planning, operations & accommodation management. The Consulting and Digital Transformation (CDx) business focuses on driving digital transformation initiatives of its customers, leveraging its domain knowledge, digital technologies and engineering excellence. IBS Software operates from 17 offices across the world. Further information can be found at Follow us: Blog | LinkedIn | Facebook | Instagram About STARFLYER Inc. STARFLYER Inc. is a Japanese airline headquartered at Kitakyushu Airport in Fukuoka Prefecture. Established in December 2002, the company began operations in 2006 and has positioned itself as "an airline, nowhere in the world", offering premium services at competitive prices. STARFLYER is known for its sleek black aircraft livery and spacious leather seats equipped with power outlets on all domestic flights. The airline operates a fleet of Airbus A320s and serves key destinations across Japan, including Tokyo (Haneda), Fukuoka, Osaka (Kansai), Nagoya (Chubu), and Yamaguchi Ube. With a strong focus on customer comfort and stylish branding, STARFLYER aims to deliver a refined travel experience. The company also maintains strategic partnerships, including code-sharing agreements with ANA, enhancing its network and accessibility. STARFLYER continues to grow as a distinctive and customer-focused airline in Japan's aviation industry. Further information can be found at Photo: View original content to download multimedia: SOURCE IBS Software
