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What Is Expensify Thinking With Its Pricey Super Bowl Ad?

What Is Expensify Thinking With Its Pricey Super Bowl Ad?

Isaac Carey, Skift

Feeling pigeonholed, the expense-tracking company is betting big on the Super Bowl to break free.

7 months ago

The Inside Story of an Activist Investor’s Fight for Travelport

The Inside Story of an Activist Investor’s Fight for Travelport

Sean O'Neill, Skift

Few companies other than activist investor Elliott Management expressed a serious interest in acquiring Travelport. Elliott twice lost potential private equity partners after they reviewed Travelport's books. The deal price is underwhelming, and that's a signal that some things haven't been going the company's way.

7 months ago

Google Starts Piloting Voice Products for Airlines and Hotels

Google Starts Piloting Voice Products for Airlines and Hotels

Sean O'Neill, Skift

Google's voice-powered assistant now lets you check in for United flights. Nice. The tech giant is also working with Hyatt and other hotels on testing a translation device at front desks. The early word is that the translations need to improve.

8 months ago

The Travel Buzzwords Skift Loves to Hate

The Travel Buzzwords Skift Loves to Hate

Skift Staff, Skift

We're not mad, but we are tired of buzzwords being used by travel companies to obscure what is really going on, which tends to be either a strategic erosion of quality for consumers, or a slow process of change to become more competitive in a certain marketplace.

8 months ago

Travelport’s Proposed Buyout Deal May Not End the Drama

Travelport’s Proposed Buyout Deal May Not End the Drama

Sean O'Neill, Skift

The early consensus is that Elliott Management put together a disappointing deal for investors. We cover the case for and against the deal here. But expect larger Travelport investors to consider resisting the deal or hope that a white knight acquirer rides in with a better offer.

9 months ago

Travelport Is Being Taken Private in $4.4 Billion Deal

Travelport Is Being Taken Private in $4.4 Billion Deal

Sean O'Neill, Skift

The long-predicted buyout of public-company Travelport has happened at a premium of about twice the market capitalization of the company. Expect a spinout of the company's eNett payments division and the proverbial "cost restructuring."

9 months ago

Lufthansa Ratchets Up Pressure on Sabre Over Travel Distribution

Lufthansa Ratchets Up Pressure on Sabre Over Travel Distribution

Sean O'Neill, Skift

This year Lufthansa made a series of small moves that, when looked at together, reveal a doubling down on its multi-front strategy to pressure Amadeus, Travelport, and especially Sabre to conform more to its preferred airline distribution practices. Connect the dots, and it looks like a low-grade war.

9 months ago

Travelport Close to Being Taken Private by Activist Investor

Travelport Close to Being Taken Private by Activist Investor

Sean O'Neill, Skift

Travelport has only been on the public market for four years, but hedge fund Elliott Management believes it can engineer a leveraged buyout that will unlock more value from the company. A spin-off of payments unit eNett is a likely early goal.

9 months ago

Amadeus to Pay $3 Million to Settle an Antitrust Lawsuit in the U.S.

Amadeus to Pay $3 Million to Settle an Antitrust Lawsuit in the U.S.

Sean O'Neill, Skift

In settling this lawsuit, Amadeus doesn't admit to any wrongdoing or violations of antitrust law. Along with Travelport, Amadeus agreed to have its team engage in antitrust compliance training.

9 months ago

European Regulators Will Focus on Distributors’ Restrictive Airline Contracts

European Regulators Will Focus on Distributors’ Restrictive Airline Contracts

Sean O'Neill, Skift

It's anyone's guess whether travel distribution giants Amadeus and Sabre might have run afoul of the European Union's rules. But a look at the history of those companies' airline contracts provides clues as to what might be top of mind with investigators.

9 months ago

European Commission Is Probing Travel Distribution Systems for Anticompetitive Practices

European Commission Is Probing Travel Distribution Systems for Anticompetitive Practices

Dennis Schaal, Skift

Over the years, the big global distribution systems have been a major barrier to innovation by airlines and travel startups, in particular. The European Commission now intends to take a serious look at this dynamic.

9 months ago

Amadeus Revs Up Spending for Product Development

Amadeus Revs Up Spending for Product Development

Sean O'Neill, Skift

Amadeus is spending more heavily on R&D than its competitors, which it is betting augurs well for its future.

10 months ago