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Global IT Outage Highlights Travel Industry’s Need for Resilience

A flawed update by CrowdStrike on Friday caused a global IT outage, severely impacting the travel industry by grounding airports, canceling flights, and causing significant delays for travelers. The financial repercussions and damage to customer tru...

Phocuswire
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Information Technology
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Property Technology
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Travel Technology
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Global IT Outage Highlights Travel Industry’s Need for Resilience22 July 2024PhocuswireInformation Technology
Global IT Outage Highlights Travel Industry’s Need for Resilience
Hyatt To Acquire Cooler-Than-Cool Standard Hotels, Per Reports
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Hyatt To Acquire Cooler-Than-Cool Standard Hotels, Per Reports

Hyatt Hotels is in “advanced talks” to acquire upscale boutique hotel operator Standard International, Bloomberg reported Wednesday, hedging that discussions have been private and tentative and the deal “could fall through.” No financial details wer...

Forbes
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The Standard
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Partnerships, Mergers & Acquisitions
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Hyatt To Acquire Cooler-Than-Cool Standard Hotels, Per Reports22 July 2024ForbesPartnerships, Mergers & Acquisitions
Hyatt To Acquire Cooler-Than-Cool Standard Hotels, Per Reports