Stack Capital Holding Hopper Partners With Tripadvisor
August 07 2024 - 2:30PM
Stack Capital Group Inc., (TSX:STCK) is pleased to announce that
Hopper Technology Solutions (“HTS”), the B2B division of Hopper,
Inc., an existing portfolio holding, has announced a partnership
with Tripadvisor LLC, a wholly owned subsidiary of Tripadvisor,
Inc. (NASDAQ:TRIP), the world’s largest travel guidance platform
which allows travelers to find deals on accommodations, book
experiences, reserve tables at restaurants, and discover great
places nearby.
The partnership will have HTS power hotel
bookings and provide a source of hotel inventory within the
Tripadvisor app, delivering flexible booking options to its
U.S.-based app customers. By leveraging HTS’ industry-leading
technology, hotel supply, and innovative flexibility products,
Tripadvisor will be able to scale quickly and, at the same time,
continue to focus its resources in other areas as part of its
mission to create an exceptional user experience for its
customers.
“This partnership with Tripadvisor speaks
volumes about the value that the HTS solution delivers,” said Jeff
Parks, CEO of Stack Capital. “HTS is quickly becoming a must-have
partner for the world’s leading banks and financial institutions,
airlines, and travel providers looking to deliver the best travel
experience for customers.”
To access a copy of the Hopper announcement
please click here.
About Stack Capital
Stack Capital is an investment holding company
and its business objective is to invest in equity, debt, and/or
other securities of growth-to-late-stage private businesses.
Through Stack Capital, shareholders have the opportunity to gain
exposure to the diversified private investment portfolio;
participate in the private market; and have liquidity due to the
listing of the Common Shares on the TSX. At the same time, the
public structure also allows the Company to focus its efforts on
maximizing long-term performance through a portfolio of high growth
businesses, which are not widely available to most Canadian
investors. SC Partners Ltd. (the "Manager") has taken the
initiative in creating the Company and acts as the Company's
administrator and is responsible to source and advise with respect
to all investments for the Company.
About HTS (Hopper Technology
Solutions)
HTS is the B2B division of the global travel
platform, Hopper, that uses data to bring transparency,
flexibility, and savings to travelers globally. The company has
developed several unique fintech ancillaries that address
everything from pricing volatility to trip disruptions. Working
with the world's leading banks, airlines and travel providers, HTS
supercharges its partners’ direct channels with its travel agency
and travel fintech products. To learn more about HTS, please visit
hts.hopper.com.
For more information, please visit our website
at www.stackcapitalgroup.com or contact:
Brian ViveirosVP, Corporate Development, and
Investor Relations647.280.3307brian@stackcapitalgroup.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/62bdf254-0494-450b-8ced-3dbf0317a3db
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