Patrick Whyte

Hotels

HNA's Rezidor Bid Is Being Held Up By Chinese Regulators

It looks like tighter restrictions on outbound investment are starting to hinder dealmaking at HNA. Although the Rezidor deal may still go through, you've got to wonder what it means for the rest of 2017 and beyond.
SkiftX

Webjet Is Buying JacTravel as Wholesaler Consolidation Intensifies

In a short period, the number of companies at the top of the business-to-business travel market has shrunk dramatically. The deal continues Webjet's transition from a regionally focused consumer travel company to a global travel business; other acquisitions will follow.
Hotels

AccorHotels Finds Competing With Expedia Is Harder Than Expected

The candid comments of the Accor CFO show just how difficult it is for hotel companies to compete with the big online travel agencies. You can't do it half-heartedly and AccorHotels will have to decide how much effort it is willing to put in to the initiative.
Airlines

Air France-KLM Buying Stake in Virgin Atlantic in Major Airline Shake-up

Despite relinquishing his control, Richard Branson has been able to save face by negotiating the continuation of the Virgin Atlantic brand. At the same time a strengthened transatlantic joint venture means he'll have a better chance at competing with British Airways and its partners.
Hotels

AccorHotels Combines Its Rental Brands Under Onefinestay Name

It's clear that AccorHotels needed to do something to turn Onefinestay around and by combining it with its other rental businesses it will at least be able to improve its reach. But at the same time one of the draws was the "handpicked" nature of the properties, which will surely be lost by increased scale.