Mondee in the News

AIRBNB, MONDEE MOVES SIGNAL ROLE OF ACQUISITIONS IN TRAVEL’S RACE FOR AI

Generative artificial intelligence has been the topic of 2023, and companies have taken note with bigwigs speaking openly about plans to integrate the technology. But Airbnb’s recent acquisition of GamePlanner.AI and Mondee’s acquisition of Purplegrids – both announced last week – hint at a different kind of strategy, one that may have developed in the interest of speed as industry heads race towards an AI-focused future

Mondee Acquires AI Company Founded by Former Apple Developer

Mondee has acquired an AI company called Purplegrids in an all-stock deal valued at roughly $19 million. Mondee primarily provides travel agents with a tech platform for making wholesale bookings on behalf of customers. The company in July released an upgraded version of its travel booking platform that is integrated with the latest advancements of AI and includes a chatbot called Abhi.

Small Tech Fixes with Big Customer Experience Impact

We see it often in tech–apps with glossy interfaces and hardware with sleek designs, but it's the small enhancements in code optimization, data security tweaks, or a more intuitive UI design that substantially elevates the overall user experience.

TRIPADVISOR LAUNCHES NEW AI TRAVEL PLANNING FEATURES

Tripadvisor is rolling out artificial intelligence-created summaries that are meant to give travelers additional insight on key features as they research hotels. The news comes on the heels of Tripadvisor’s July launch of its AI-powered travel planning tool and what the company called successful public beta testing of its travel itinerary generator.

Q&A: Mondee’s Vice Chairman Talks AI Strategy, Acquisitions, Going Public

Just over a year after Mondee went public, the company that helps travel agents, experts and influencers access a global inventory of hotels, flights, activities and cruises at negotiated rates as they build their businesses, has undergone a rebranding, including the integration of its artificial intelligence travel assistant.

Mondee Appoints Jeff Clarke to Its Board

Mondee Holdings, Inc. has appointed Jeff Clarke to its Board of Directors. The independent appointment is effective Sept. 14, 2023, following unanimous election by the Company’s Board of Directors. Clarke brings a wealth of experience in the technology sector, including a deep-rooted history in the travel industry, which is set to greatly benefit the Mondee team.

Mondee Announces Inaugural Share Repurchase Program of Up to $30 Million

Mondee Holdings, Inc., the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms in the leisure and corporate travel sectors, announced that its Board of Directors has approved an inaugural share repurchase program with authorization to purchase up to $30 million of its outstanding shares of common stock, effective immediately.

Disrupt. Transform. Revolutionize.

Disrupt. Transform. Revolutionize. That seems to be the best way to describe Mondee's launch of its new A.I. platform and travel experiences marketplace.

Mondee Board Approves $30 Million Share Buyback Program

19 Popular AI Assistants

An AI assistant is a software program that uses artificial intelligence to provide information and perform specific tasks. By leveraging natural language processing and large language models, it can understand users’ text or speech inputs and generate responses that are conversational and fluent.

Mondee Buys Its Fourth Company This Year

Mondee is expanding further into corporate travel with its fourth acquisition of the year – it said Monday that it has acquired Skypass Travel for $15 million. Skypass is focused on selling wholesale travel to international consulting firms and small- and medium-sized businesses, as well as vacation packages and humanitarian travel.

Bringing Joy to The Journey

When Mondee Holdings Inc. launched Abhi, its revolutionary mobile-first A.I. platform with multi-party conversational commerce fully integrated into the Mondee Travel Marketplace in mid-July, it made it pretty clear that its goal was to change the travel industry.

The AI Revolution Is Coming, Here’s How Industries Are Optimizing

AI is clearly the most buzzworthy topic of the year but it’s not new. It’s been around for a very long time. Phones and social media don’t wow with innovation anymore but AI can and will. Unsee all the articles about robot uprisings and impending doom for a moment.

This Tripadvisor AI-Driven Tool Will Generate Travel Itineraries

The new tool joins a host of new technology bursting onto the travel scene. Recently, Austin based tech company Mondee rolled out Adhi. It’s a new AI planning system, the tool is described to Fox Business as “the most powerful in the industry.”

Mondee Launches AI-powered Travel Assistant, Abhi

Developed for years, Abhi combines multiple AI technologies, including generative AI, deep learning, computer vision, and a recommendation engine, utilizing the capabilities of AI engines such as Google’s Bard, OpenAI’s ChatGPT, and IBM’s Watson.

Mondee Introduces AI-Driven Experiences to its Marketplace

Mondee Holdings Inc. has announced the launch of ‘Abhi’, its mobile-first AI platform with multiparty conversational commerce fully integrated into the Mondee Travel Marketplace.

Mondee Introduces New AI-Powered Travel Agent Tools

Mondee announced the launch of Mondee Travel Marketplace featuring Abhi, its AI-powered travel assistant platform that simplifies the cruise booking process. Mondee’s Marketplace features an integrated cruises platform allowing users to easily browse and book a cruise of their choice. Travel agents can also benefit from the app as it simplifies the process of supporting their customer base.

Mondee Holdings introduced its mobile-first AI platform with multi-party conversational commerce integrated into the Mondee Travel Marketplace.

Mondee Holdings introduced its mobile-first AI platform with multi-party conversational commerce integrated into the Mondee Travel Marketplace. The Mondee Marketplace provides travel options with AI-embedded collaborative curation across all components of air, hotels, vacation rental accommodations, ground transportation, cruises, tours, packages, activities and events. Fifty cruise lines are supported.

Mondee Adds Mobile App and AI Chatbot for Travel Booking

Exactly one year since it went public, Mondee has released an updated version of its travel booking platform to include a mobile app and a generative AI chatbot. This update is the culmination of three years of work and a group of acquisitions that happened during the pandemic, said Orestes Fintiklis, vice chairman for Mondee.

Mondee Unveils New AI Technology Platform For Better Travel Experiences

Travel technology company Mondee Holdings Inc (NASDAQ:MOND) has launched Abhi, its mobile-first A.I. platform with multi-party conversational commerce integrated into the Mondee Travel Marketplace. Mondee launched Abhi on the first anniversary of its Nasdaq listing.

Mondee Holdings, Inc. A Hidden Gem in the Travel Industry

As of May 17th, 2023, Mondee Holdings Inc. (NASDAQ: MOND) opened at a modest $9.51; however, industry analysts have noted that this stock’s price is not a reliable indicator of its potential for growth. Investors who are seeking something with exceptional market value must look no further than Mondee.

Mondee Welcomes Former Accenture Leader Geetika Gupta as Chief People Officer

Mondee Holdings Inc., a technology-driven, next-generation marketplace in a $1 trillion segment of the travel market, announced the addition of Geetika Gupta as Chief People Officer (“CPO”), based in the company’s Austin, Texas headquarters.

Mondee Welcomes Former Accenture Leader Geetika Gupta as CPO

Mondee Holdings a technology-driven, next-generation marketplace in a $1 trillion segment of the travel market, announced the addition of Geetika Gupta as Chief People Officer (“CPO”), based in the company’s Austin, Ms. Gupta’s impressive career spans over two decades, during which she has amassed extensive experience in the fields of human resources and talent engagement across multiple geographies such as the United States, India, Singapore and Malaysia. Her expertise includes talent management, leadership development, and organization design and change management.

Mondee Interep Acquisition

Mondee, which went public via a special purpose acquisition company [SPAC] merger with ITHAX Acquisition Corp last July, will use the acquisition of Interep to further expand and diversify its geographic footprint in Latin America, enhance its product offerings, and provide a complementary distribution network to that of Orinter [Mondee’s previous purchase in Brazil].

Mondee Crece En LATAM Tras Comprar Los B2B Consolid E Interep

La plataforma de viajes Mondee consolida su presencia en Latinoamérica al adquirir Consolid (México) e Interep (Brasil), dos proveedores de viajes B2B, informa Phocuswire. Consolid opera en los mercados de viajes aéreos y terrestres en México a través de sus marcas Consolid y Travel Fan. Interep, por su parte, se enfoca en el mercado de lujo. Su red de distribución de 3.100 afiliados activos y expertos en viajes atiende principalmente a viajeros de ocio.

American Mondee Acquired Consolid Mexico Holdings

Mondee Holdings Inc., an American technology-oriented marketplace in the tourism market segment, has acquired Consolit Mexico Holdings, S.A.P.I. de C.V., a leading Mexican travel company. This is reported in the Mondee press release. Mondee is the market leader in North America and is rapidly increasing its presence in LATAM. The deal is aimed at expanding Mondee's presence in LATAM along with the acquisition of the Brazilian Orinter in January 2023 and Interep in May 2023. In ad

Mondee Canada Wraps Up Cross Canada Sales Mission

A national travel trade mission by Mondee Canada to meet travel professionals across the nation wrapped up in Vancouver last week. The tour had kicked off in Toronto with a big turnout of 300-plus advisors earlier in May, followed by stops in Ottawa, Calgary and Edmonton before reaching YVR.

DA Davidson Reaffirms Their Buy Rating on Mondee

n a report released today, Tom White from D.A. Davidson maintained a Buy rating on Mondee Holdings (MOND – Research Report). The company’s shares closed yesterday at $9.85. According to TipRanks, White is a 3-star analyst with an average return of 1.4% and a 40.32% success rate. White covers the Technology sector, focusing on stocks such as CarGurus, Cars, and DoorDash.

Mondee Holdings Expects Significant YearOverYear Growth in Net Revenue

Mondee Holdings, a leading travel technology firm, has recently announced its revised net revenue guidance for the full year ending December 31, 2023. According to the latest projections, the company is expecting to generate a net revenue of $240 million to $245 million, which marks a significant year-over-year growth of 52% at the midpoint.

Mondee Acquires Consolid to Expand Travel Marketplace in Latin America

Mondee has acquired travel provider Consolid to support its expansion into the Latin American travel market. Already a leading travel technology company and travel marketplace in North America, Mondee is continuing an expansion that also includes its acquisitions of Orinter in January and Interep earlier in May, the company said in a Monday (May 15) press release.

Mondee Holdings Reports Q1 Earnings; Raises FY23 Outlook

Mondee is providing the following projections for its first full-year as a public company ending December 31, 2023. We expect to continue delivering profitable growth as we capitalize on international travel market recovery, continue to expand geographically and leverage our enhanced technology to expand products and increase market share.

Roth MKM Sticks to Their Buy Rating for Mondee Holdings (MOND)

In a report released today, Darren Aftahi from Roth MKM maintained a Buy rating on Mondee Holdings (MOND – Research Report), with a price target of $13.00. The company’s shares closed today at $9.43.

Best Travel Technology Stock Investing, Orestes Fintiklis as Guest

Mondee in Canada – Taking Agents to New Heights

It was quite the evening as Mondee welcomed over 300 travel advisors at the Woodbine Banquet & Convention Centre in Toronto last night (May 3) for the first of five Canadian Showcase events. It was also fitting that the Toronto Showcase – which gave advisors the opportunity to meet with more than 20 of Mondee’s airline partners – took place on Travel Agent Day as Mondee launched its new branding in Canada.

CEO da Mondee é finalista do prêmio EY Entrepreneur Of The Year

Chairman, CEO and founder of Mondee (the US company that recently acquired Orinter), Prasad Gundumogula, has been named a finalist for the EY Entrepreneur Of The Year 2023 Gulf South award, which is in its 37th year and recognizes transformative entrepreneurs and business leaders, high-growth companies that are building a more equal sustainable and prosperous world.

Prasad Gundumogula Named As an EY Entrepreneur of the Year 2023 Gulf South Award Finalist

Mondee announced that our Chairman, CEO, and Founder Prasad Gundumogula was named an EY Entrepreneur Of The Year 2023 Gulf South Award finalist. Now in its 37th year, Entrepreneur Of The Year is one of the preeminent competitive business awards for transformative entrepreneurs and leaders of high-growth companies who are building a more equitable, sustainable and prosperous world for all.

Mondee Appoints Meredith Waters as General Counsel

Mondee announced the addition of Meredith Waters as its first General Counsel, based in the company’s Austin, Texas headquarters. In her new role, Ms. Waters will be responsible for all legal matters at Mondee and will oversee the legal department. With over 15 years of experience in corporate law, Ms. Waters is well-versed in handling complex legal issues for large multinational companies.

VP da Mondee Conta Planos Para Orinter E Mais Aquisições

New owner of Orinter, since January this year, Mondee Holdings, a technology content and solutions company for travel agencies, based in Texas, United States, and listed on Nasdaq, is just starting out in Latin America. Founded in 2011, the group posted revenue of US $2 billion last year, and wants to bring Brazilian and Latin American travel agents its technological solutions, commercial conditions and more products to increase its competitiveness.

How the Travel Industry is Set to Take Off in 2023

The global travel market is a $631 billion dollar industry and ripe for disruption. With many global brands using outdated systems, there is an increase in new, tech-first platforms and marketplaces that are posed to reinvigorate and enhance the travel experience.

Mondee and TISSINI Parter to Empower Hispanic Women

As part of Mondee’s Affiliate Network program, TISSINI’s micro-network of 55,000 U.S. Hispanic women, who have been selling products to their local communities, will now expand into services with the opportunity to sell travel through Mondee’s platform.

Mondee and TISSINI Partner to Empower Hispanic Women as Successful Travel Entrepreneurs

Mondee Holdings Inc., a technology-driven, next-generation marketplace in a $1 trillion segment of the travel market, announced a new partnership with TISSINI, a social selling platform empowering U.S. Hispanic women.

Mondee and TISSINI Partner to Empower Hispanic Women Entrepreneurs in Travel

A new partnership between Mondee, a tech-driven, digital company dedicated to making travel platforms and networking more agile, and TISSINI, a social selling platform catered to empower Hispanic women, is out to get more Hispanic women entrepreneurs interested in the travel industry.

Global Travel Trends, Acquisitions and Other Topics Discussed during Podcast Interview of Orestes Fintiklis

Mondee is a one-of-a-kind company in travel tech. The company is filling the gaps caused by inconsistencies in the industry. The travel industry has been on a never-ending rollercoaster since the COVID-19 outbreak. Did the pandemic bring about better opportunities in travel and hospitality? During this episode, Orestes explains what Mondee does, how he ended up there, and what his role is.

Tigress Financial Raises Mondee Holdings’ Price Target to $17 From $16, Maintains Buy Rating

Mondee is disrupting the World’s Travel Market, Vice Chairman Orestes Fintiklis Interview

Mondee Vice Chairman Orestes Fintiklis joins Jill Malandrino on Nasdaq TradeTalks to discuss what’s disrupting the world’s travel market.

Mondee Doubled Revenue and Net Loss in Its Year Going Public

Mondee has been going through a lot of changes over the last year, and the numbers shared during its latest earnings call reflect that.

Top Performing Companies for Delta, Air France and KLM Honored with Agency Elite 2023 Awards

Delta Air Lines along with its joint venture partners Air France and KLM are bestowing honours on top producing Canadian agencies, with the Agency Elite 2023 Awards.

Mondee Acquires Brazilian Travel COmpany Orinter for $40M

Mondee (NASDAQ:MOND) said it had acquired travel provider Orinter for about $40M in a cash-and-stock transaction, to expand into Brazil and Latin America. Orinter is in the hotel, packages and ground transport markets.

Mondee Acquires Brazilian Travel Co. Orinter

Travel technology provider and marketplace Mondee is expanding into Brazil with the acquisition of B2B travel company Orinter, which serves both domestic and outbound travel needs in the country, the company announced.

Mondee Acquires Brazilian Online Travel Marketplace Orinter for $40 Million

Mondee is scooping up Brazilian online travel marketplace Orinter for $40 million, its first acquisition since going public last year, the company said Wednesday.

Mondee Gains Foothold in Brazil with Orinter Acquisition

Travel marketplace and technology platform Mondee has acquired Brazil-based travel provider Orinter in a transaction valued at $40 million. Mondee, which went public via special purpose acquisition company in July 2022, sees Brazil as a "natural expansion opportunity" building on its existing presence in North America.

NextGen Travel Affiliate Program From Mondee Offers New Growth and Profitability Opportunities for Travel Experts and Gig Workers

Travel tech and modern travel marketplace recently announced a new Mondee Affiliate Network to offer exclusive access to a broader set of products and better economics on all travel content, including air, hotel, and other ancillaries, like travel insurance, digital wallets, marketing tools, and more.

Mondee Develops Affiliate Program

Travel technology provider and marketplace Mondee has launched an affiliate program for agencies and other travel professionals, the company announced. The network provides "an exclusive relationship for all travel categories between Mondee and its customers,"

Revolutionizing the Travel Industry: An Exclusive Interview with Mondee CEO, Prasad Gundumogula

Welcome to ValiantCEO Magazine’s exclusive interview with Prasad Gundumogula, the Co-Founder and CEO of Mondee, a North-American travel technology company that recently went public in July 2022.

Air Ticket Consolidators Turn Profit in Shifting Landscape

Airlines have made steady efforts in recent years to drive more ticket sales into direct channels. Many are also making a concerted attempt to merchandise their flights and seats as differentiated experiences rather than mere commodities that compete mostly on schedule and price.

Mondee May Be On the Cusp of a Considerable Accomplishment

We feel now is a pretty good time to analyse Mondee Holdings, Inc.'s (NASDAQ:MOND) business as it appears the company may be on the cusp of a considerable accomplishment.

Tigress Financial Partners Initiates Coverage of Mondee Buy Rating and $16 Price Target

Vice Chairman Orestes Fintiklis about China’s Potential Reopening Plans

Political friction, restrictions in the technology sector and an economic slowdown tracking China’s tight coronavirus controls will vex American firms next year even as company executives aim to return and rekindle operations, a US trade group official said.

Roth Capital Partners Initiates Coverage of Mondee with a Buy Rating

Investors looking for the next evolution in tech-supported travel should be thinking about Mondee Holdings (Mondee Holdings Stock Quote, Charts, News, Analysts, Financials NASDAQ:MOND), according to Roth Capital Partners analyst Darren Aftahi.

Chairman, CEO, Founder Prasad Gundumogula on Behind Company Lines Podcast

Prasad Gundumogula is a successful Entrepreneur and Operator since 1999, with an excellent track record for founding multiple transformative ventures and nurturing them from startups to Multi-millions in businesses spanning the Travel, Logistics, Retail, and Auto industries.

7 Industries That Bucked Inflation and Surged in 2022

It was a tough year for most industries. CEOs in sectors across an array of business sectors — from restaurants and furniture stores to motor vehicle and parts dealers — wrangled with market volatility, supply chain woes and inflation.

Food and Gas Prices Impacted People Most in 2022 – How To Fix That in 2023

Inflation has been plaguing Americans throughout 2022. While it cooled down in October, at 7.7%, consumers are feeling the pinch every day. Gas and food prices soared notably. Not surprisingly, 42% of Americans said rising food costs impacted their finances the most in 2022, while 24% said rising gas costs affected them the most, according to a new GOBankingRates survey.

Mondee: Upcoming Key Player In the Travel Technology Industry

Mondee Talks SPACs, Gig Economy, and Gen Z

Mondee, a travel marketplace and technology platform, announced its plan to go public via special purpose acquisition company in late 2021. The company has ambitious plans to digitize the cruise and tours segments and "transform the entire travel industry."

Elliott Investment in Travel Group is Rare Bright Spot for Spacs

Elliott investment in travel group is rare bright spot for Spacs Blank-cheque companies have struggled to secure so-called Pipe funding to complete deals

The Uber of B2B Travel: Join CEOs of Mondee, ITHAX Acquisition Corp. In Fireside Chat

IPO Edge and the Palm Beach Hedge Fund Association hosted a fireside chat with the Co-Founder & CEO of Mondee Holdings and the Chairman & CEO of ITHAX Acquisition Corp. (Nasdaq: ITHX) to discuss Mondee’s technology-driven marketplace, network of travel agents, airlines, and hotel accommodations, portfolio of globally recognized brands, business combination with ITHAX, and strategic partnership with Arthur J. Gallagher & Co.

Travel Tech Firm Mondee Strikes Subscription Partnership Ahead of Going Public

Mondee's highly tactical deal taps into Arthur J. Gallagher & Co's sprawling network of small businesses and associations, which could drive subscriptions for its TripPlanet platform.

Travel Technology Firm Mondee Inks $1 Billion SPAC Deal to Go Public

Mondee Inc. is merging with a special-purpose acquisition company in a combination that values the travel-technology firm at about $1 billion and will take it public, the companies said.