During Monday’s Morning trade, Shares of HomeAway, Inc. (NASDAQ:AWAY), lost -1.29% to $35.32.
HomeAway, declared its participation in The Phocuswright Conference in Ft. Lauderdale/Hollywood, Florida. President and Chief Executive Officer, Brian Sharples, will take part in a Center Stage Executive Interview on Wednesday, November 18 startning at 3:10 p.m. Eastern Time.
HomeAway, Inc., together with its auxiliaries, operates an online vacation rental property marketplace that enables property owners and managers to market properties for rental to vacation travelers. The company’s portfolio comprises vacation rental Websites, such as HomeAway.com, VRBO.com, and VacationRentals.com in the United States; HomeAway.co.uk and OwnersDirect.co.uk in the United Kingdom; HomeAway.de in Germany; Abritel.fr and Homelidays.com in France; HomeAway.es and Toprural.com in Spain; AlugueTemporada.com.br in Brazil; HomeAway.com.au and Stayz.com.au in Australia; and Bookabach.co.nz in New Zealand.
Shares of Blackstone Group LP (NYSE:BX), inclined 0.72% to $30.83, during its current trading session.
Diamonds Direct and Blackstone, declared that funds managed by Blackstone Tactical Opportunities have attained Diamonds Direct, a leading independent jewelry company.
Headquartered in Charlotte, NC, Diamonds Direct is a leading U.S. independent jewelry retailer with a long and well-established history in diamond sales and manufacturing. In the last seven years, the company has grown from one location in Charlotte to a multi-channel retailer with seven locations across the United States complimented by an online ecommerce storefront. Diamonds Direct’s retail locations are located in Charlotte, Raleigh, NC, Birmingham, AL, Richmond, VA, Austin, TX, with new locations opening in Oklahoma City, OK, and Charleston, SC, in early December.
“This is a very exciting day for Diamonds Direct,” said Chief Executive Officer Itay Berger. “Diamonds Direct’s partnership with Blackstone will enable us to continue to deliver unparalleled service and unbeatable prices. We are thrilled to start a new chapter for our employees and customers with Blackstone as we enter a new phase of growth.”
The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. The firm manages separate client focused portfolios.
Finally, Shares of Sabre Corp (NASDAQ:SABR), lost -0.96%, and is now trading at $27.85.
Sabre Corporation provides technology solutions to the travel and tourism industry worldwide. It operates in two segments: Travel Network, and Airline and Hospitality Solutions. The Travel Network segment operates a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, counting airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators, with a network of travel buyers comprising online and offline travel agencies, travel administration companies, and corporate travel departments. Sabre Corporation (SABR), the leading technology provider to the global travel industry, declared the winners of its first travel hackathon held in the Latin America region, based on their creative use of API technology and open developer platform powered by Sabre Dev Studio. Destination Hack Brazil was featured as the only travel technology contest during Sao Paulo Tech Week, a regional event focused on innovation and entrepreneurship.
Over the weekend and in more than twenty-four hours of intense programming and coding, ten developer teams counting designers and marketers took part in the contest, gathering in Sao Paulo’s Distrito venture building campus to create mobile apps, websites and aggregator meta-search tools. Each team worked around the clock to brainstorm new software and apps to enhance the way people shop and book travel across platforms and devices, and to explore business opportunities as startup entrants to the industry.
All finalist apps and websites prototypes were built in response to three key challenges: inspire travelers to visit Brazil, create a seamless and mobile travel experience at the Rio 2016 Olympics, and think of outside-the-box ways to monetize travel and drive new business for agents, tour operators and corporate buyers.