Economic Uncertainties Won't Drive More Travel Tech Mergers & Acquisitions

Travel Tech Briefing

Editor’s Note: Exclusive reporting on technology’s impact on the travel industry, delivered every Thursday. The briefing will guide executives as they decide if their companies should “build, buy, or partner” to stay ahead.

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The hotel tech startup Mews has completed five acquisitions in the past three years. Its CEO, Richard Valtr, told Skift last week that there are two more underway. 

He also said he expected to see more consolidation deals during this unstable economy. That makes sense because as a buyer, he is probably more tuned into the world of startups that want to sell. 

For Mews and other travel tech startups backed by venture capital, now is a great time to acquire because of low valuations. But, for the same reason, that means it’s also a terrible time to sell.

The larger uncertainties about the economy over the next six months has rattled the broader tech sector with may households names laying off thousands of workers. That is casting a long shadow over travel tech, too. 

Business-to-business travel tech companies are generally doing well r