Nexttrip completes full acquisition of luxury travel brand five star alliance with remaining 51% purchase

Transaction further strengthens nexttrip's position in the travel market, unlocking new integration and revenue generating opportunities across both b2c and b2b travel segments santa fe, nm / access newswire / april 14, 2025 / nexttrip, inc. (nasdaq:ntrp) ("nexttrip," "we," "our," or the "company"), a leading travel technology company dedicated to transforming how travelers plan, book, and experience trips, today announced it has exercised its option and completed the acquisition of the remaining 51% stake in five star alliance, making it the sole owner of the premier luxury travel brand. this follows nexttrip's initial 49% stake purchase earlier this year, bringing its ownership to 100% and consolidating all of five star alliances' business into nexttrip for stakeholder benefit.
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