NextTrip buys 49% stake in Five Star Alliance, aiming to boost luxury travel options and revenue.

NextTrip, a major travel tech firm, is purchasing a 49% stake in Five Star Alliance, a luxury travel brand with over 5,000 five-star hotels worldwide. NextTrip can buy a controlling interest by April 2025. This move aims to strengthen NextTrip's platform and expand its luxury travel offerings, potentially increasing revenue through new integrations and growth opportunities.

2 months ago
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