Mergers and Acquisitions

Mergers and Acquisitions

Hopper to Power Marriott Bonvoy’s Experiences After It Buys PlacePass

Hopper is the latest travel brand to try its hand at selling experiences. It's taking on a task that's harder to do well at scale than it might seem.

Hopper to Power Marriott Bonvoy’s Experiences After It Buys PlacePass

Mergers and Acquisitions

Full Video: Certares Founder Greg O’Hara at Skift Global Forum 2021

Greg O'Hara of Certares argued that this is the easiest time to make travel investments ever — "if you are an expert." That's an important caveat, and we are skeptical that it is still not as easy as O'Hara lets on.

Full Video: Certares Founder Greg O’Hara at Skift Global Forum 2021

Airlines

Tata Takes Back Control of Air India in $2.4 Billion Deal

The government sale puts the airline, which Tata originally founded in 1932, back into the hands of Indian conglomerate. The country's politicians will be relieved.

Tata Takes Back Control of Air India in $2.4 Billion Deal

Mergers and Acquisitions

Private Equity Backs Travel Upgrade Startup Plusgrade to Do Acquisitions

Expect more travel tech companies to mimic Plusgrade and get private equity backing to be able to do the acquisitions they need to grow during the recovery.

Private Equity Backs Travel Upgrade Startup Plusgrade to Do Acquisitions
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Mergers and Acquisitions

Skift Global Forum Video: Putting the World on Vacation Through Subscription Travel

In this conversation from 2021's Skift Global Forum, Carolyn Kremins, president at Skift, speaks with Michael D. Brown, president and CEO, Travel + Leisure Co. and Jaqueline Gifford, editor in chief, Travel + Leisure, about the future of subscription travel.

Skift Global Forum Video: Putting the World on Vacation Through Subscription Travel

Mergers and Acquisitions

Voxel Acquisition Latest Sign of Upheaval in Travel Payments

When they asked Willie Sutton why he robbed banks, he said, "Because that's where the money is." You could say the same thing about why the travel sector has had so much recent merger and investment in back-office travel payments.

Voxel Acquisition Latest Sign of Upheaval in Travel Payments

Hotels

How 2021 Hotel M&A Is Shaping Up After the Hyatt-Apple Leisure Deal

The value of announced acquisitions this year is already three times that for the deals in all of 2020. We pulled together the top hotel acquisitions for 2021 for you by dollar amount, some deals strategic, some less so. The pace is brisk but the impact from the Delta variant could very well reverse the momentum heading into fall.

How 2021 Hotel M&A Is Shaping Up After the Hyatt-Apple Leisure Deal

Mergers and Acquisitions

6 Expedia and Booking Online Travel Takeaways From Latest Financial Reports

While much of the talk these days is about digital nomads and remote workers, both Expedia Group and Booking Holdings have doubled down on commitments to brick and mortar headquarters. Which could mean that there may be real offices again after the pandemic.

6 Expedia and Booking Online Travel Takeaways From Latest Financial Reports

Mergers and Acquisitions

Expedia Awaits Comeback of International Travel to Solidify Market Share Gains

After shutting down or selling eight businesses — some of which were relatively inconsequential — since the beginning of 2020, Expedia Group doesn't expect any more such asset dispositions as part of its drive to make the company simpler and more focused. But selling brands may turn out to be the easiest part of the exercise.

Expedia Awaits Comeback of International Travel to Solidify Market Share Gains

Mergers and Acquisitions

Siemens to Buy Rail Software Company Sqills for $650 Million

Sqills has won more contracts from railway operators to upgrade their inventory, booking, and ticketing software than any other tech vendor in recent years. So this acquisition makes sense.

Siemens to Buy Rail Software Company Sqills for $650 Million

Mergers and Acquisitions

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

In an intensifying superapp rivalry in Southeast Asia, Gojek handed its Thailand business to AirAsia Digital in the face of competition from Grab. While these leading superapps battle, AirAsia Digital is being taken more seriously. After all, it has airplanes and a profitable logistics business to add to the mix.

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

Mergers and Acquisitions

Booking Holdings CEO: We Can Replicate European Short-Term Rental Success in U.S.

Booking.com faces tough-going in U.S. short-term rentals. Its business model has hosts perceiving they pay lower commissions to Airbnb, and the latter is has a big brand advantage. At the same time, Booking.com needs to defend Airbnb incursions on its own European turf.

Booking Holdings CEO: We Can Replicate European Short-Term Rental Success in U.S.