Cornerstone Information Systems teamed with venture capital firm Sproutbox to identify "the next great travel technology." - Business Travel News

Share this page

Business Travel Supplier Directory

Text size: A A A

NewsLog
RSS

November 12, 2012 - 01:10 PM ET

Cornerstone Information Systems teamed with venture capital firm Sproutbox to identify "the next great travel technology." The partnership includes a new "travel technology accelerator" dubbed RunUp Labs. Focused on "applications that enhance and improve the travel experience," RunUp Labs will offer a 10-week mentoring program for start-ups, with an initial session expected to kick off in spring 2013. "Some of the best ideas we've seen have been travel-related, but the industry is so complex that our technology and product expertise simply wasn't enough," according to SproutBox co-founder Brad Wisler. "That is where Cornerstone comes in."

This page is protected by Copyright laws. Do Not Copy. Purchase Reprint

Leave your comment:

Comments

blog comments powered by Disqus
Related NewsLog
The number of international air passengers traveling in premium classes worldwide in January increased by a "weak" 2.6 percent year over year,... read more »
Accor appointed Cyril Kovarsky senior vice president of global sales, effective April 1.... read more »
U.S. restaurant spending by corporate clients of dining network Dinova in 2014 increased 5.6 percent year over year,... read more »
Meetings technology firm Cvent on Friday reported $39.3 million in fourth-quarter 2014 revenue, up from $30.7 million year over year.... read more »
International Consolidated Airlines Group, parent company to British Airways and Iberia, on Friday reported a fourth-quarter profit of €138 million,... read more »
The average daily rate at Extended Stay America during the fourth quarter increased 7.8 percent year over year to $57.86,... read more »
Carlson Rezidor Hotel Group reported Thursday systemwide revenue of $7.8 billion during 2014, a 4 percent year-over-year increase.... read more »
Hotel rate and occupancy growth across all travel segments in major North American markets continues into the first quarter of 2015,... read more »
January air transactions processed by mega travel agencies and settled through ARC fell 1.6 percent year over year,... read more »
Choice Hotels International reported fourth-quarter occupancy of 55.1 percent, up from 51.4 percent in the same period in 2013,... read more »
Air France-KLM reported earnings of €316 million for the fourth quarter of 2014... read more »