Five Star Alliance, established in 2004, is known for its selection of over 5,000 luxury hotels and resorts globally and boasts a 4.9-star Trustpilot rating. The transaction is expected to be ...

Additionally, subject to the satisfaction of certain conditions, the agreement provides NextTrip with an option to purchase a controlling interest in Five Star Alliance by April 7, 2025.

It has been almost 30 years since the Star Alliance was formed as the world's first major airline alliance. Founded, as the group's website recalls, "in 1997 [by] five airlines from the Americas ...