Thứ Ba, 3 tháng 6, 2014

Northstar Travel Media acquires a majority stake in leading e-commerce booking ...

Other New Inntopia Partners Include Aspen Skiing Company and Intrawest Resorts Holdings Inc

Northstar Travel Media, the leading business-to-business information company serving

the travel and meetings industries, has acquired a majority interest in Inntopia, a

leading provider of e-commerce reservation technology and services to destination

marketing organizations, ski resorts, tour operators, lodging suppliers and activity,

event and transportation suppliers. Other partners include Inntopia’s founder and CEO,

Trevor Crist, Aspen Skiing Company and Intrawest Resorts Holdings Inc.

“The addition of Inntopia is a transformational strategic investment for our company,”

said Thomas Kemp, Chairman and CEO of Northstar Travel Media. “For many years, we

have been the leading information, media, and marketing solutions company serving

the North American travel industry. Now, with the addition of Inntopia, we are able to

offer our clients and partners access to state-of-the-art online booking tools for travel

agents and direct sales channels.”

Inntopia develops connectivity between systems and aggregates all types of destination

travel inventory, simplifying reservation procedures for its partners and their customers.

Northstar Travel Media’s majority stake in Inntopia positions it as a “software as a

service” e-commerce business.

The Inntopia platform was developed to enable travel resellers to package and sell a

wide range of non-traditional travel products, such as vacation rentals, activities and

tours. Inntopia also supports more traditional products, such as air, car, and hotels. The

company supports dozens of third-party application programming interfaces, including

popular property management systems, point-of-sales systems, global distribution

systems, website analytics packages, accounting systems and more. Inntopia also

offers affiliate and agent commission payment processing services to its clients. All of

the Aspen Skiing Company and Intrawest resorts will soon be on the Inntopia platform.

Inntopia is the leading advanced reservation online booking software platform for the

ski resort and mountain destinations market. “We believe that we will create significant

marketing synergies between Inntopia and our recently acquired Mountain Travel

Symposium, the leading conference serving the mountain destination industry,” said


“In addition to our growing reach across North America, Inntopia has expanded

internationally, with clients in Switzerland, France, Italy, Sweden, Australia, and the

Caribbean,” said Trevor Crist, Inntopia CEO. “We’ve also moved into new markets,

including golf, water parks, and beach. This partnership with Northstar will help us

accelerate our growth across additional vertical and geographical markets, and spur

additional development in our technology. We’re also very pleased that both Intrawest

and Aspen Skiing Company recently joined as partners in the business. Their

participation speaks volumes about our leadership position in the mountain travel

industry, and our ongoing commitment to that market.”

“Inntopia has distinguished itself as the best ecommerce platform in the ski and

lodging space, due to its flexibility and robust packaging features” said Matt Jones, Vice

President and Chief Financial Officer of Aspen Skiing Company. “We’re excited to sign

on as a new customer, and we’re investing because we believe strongly in the

company’s future.”

About Northstar Travel Media
Northstar Travel Media is the

leading provider of news, information and data for the travel, meetings and hospitality

industries and parent of brands including Travel Weekly, Travel Weekly China, Travel

Weekly Asia, Events China, Business Travel News, Travel Procurement, PhoCusWright,

Meetings Conventions, Successful Meetings, Meeting News, Incentive, TravelAge West,

Family Getaways, Explorer, Your Travel Insider and Luxury Cruise News and Web in


Northstar’s electronic directories — Travel Weekly’s Hotel and Travel Index, Official

Cruise Guide, and MC Facilities Search and Successful Meetings Facilities Search—

provide in-depth data on hotels, meeting and convention properties, and business

travel in the United States and internationally.

In addition to its directories and periodicals, Northstar publishes a number of online

subscription information resources, including The Beat, travel42, STAR Service Online,

Intelliguide Corporate and BTP24.

Northstar produces more than 40 face-to-face events including The PhoCusWright

Conference, PhoCusWright Europe, CruiseWorld, Global Travel Marketplace, Global

Travel Marketplace West, MC InterAct, MC Events, MC Asia, Successful Meetings

Universities, The Beat Live, Tech Talk, Business Travel Trends and Forecast Forums,

Innovate 2014 and the Travel Weekly Leadership Forums, the Web in Travel

conferences, WITX: Women In Travel, WIT Hospitality Roadshow and WITNext, and

Mountain Travel Symposium.

Northstar also is an industry leader in marketing services, custom communications,

content licensing and database management serving the travel and meetings

industries. Based in Secaucus, NJ, the company also has offices in New York, NY; Glen

Ellyn, IL; Los Angeles, CA; Winston-Salem, NC; Beijing and Shanghai, China; and


Northstar Travel Media, LLC is a portfolio company of Wicks Group of Companies LLC, a

leading private equity investor in the information and business services,

communications, and media sectors.

Northstar Travel Media acquires a majority stake in leading e-commerce booking ...

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