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
Kemp.
“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
Travel.
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
Singapore.
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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