CNG shares jump 9% on Leading Hotels deal

SHARES in travel reservations software company CNG Travel jumped 9% yesterday after the company signed a major deal that will see its technology used in the world’s top five-star hotels.

The Leading Hotels of the World group will use CNG software to handle sales of rooms in 436 luxury hotels around the world.

The group includes well-known Irish hotels such as Adare Manor in Co Limerick and Dublin's Westbury.