Mergers and Acquisitions

Mergers and Acquisitions

PlusGrade to Buy Points.com for $385 Million in Cash in Blockbuster Loyalty Deal

PlusGrade and Points.com deal with some of the same partners, and they can now approach them with a collaborative pitch.

PlusGrade to Buy Points.com for $385 Million in Cash in Blockbuster Loyalty Deal

Mergers and Acquisitions

Sabre to Buy Nuvola in Bet on Hotel Upselling

Sabre gets deeper into hotel operations with this acquisition of a vendor of upselling and guest messaging tech.

Sabre to Buy Nuvola in Bet on Hotel Upselling

Mergers and Acquisitions

Oyo Expands Vacation Homes Strategy With Europe Acquisition of Direct Booker

It seems like it's business as usual for Oyo as it goes ahead with its acquisitions and alliances, all's still quiet on the IPO front.

Oyo Expands Vacation Homes Strategy With Europe Acquisition of Direct Booker

Airlines

Spirit Airlines: JetBlue’s Higher Takeover Bid Is Just Too Risky for Shareholders

Spirit Airlines thinks any potential merger with JetBlue would fall afoul of regulators. The risk just isn't worth it to Spirit, which underscored its commitment to Frontier's initial bid.

Spirit Airlines: JetBlue’s Higher Takeover Bid Is Just Too Risky for Shareholders

Airlines

Spirit Airlines Rejects Improved JetBlue Bid in Favor of Frontier Merger

Spirit has spoken. Frontier is its preferred partner, even after a sweeter deal from JetBlue.

Spirit Airlines Rejects Improved JetBlue Bid in Favor of Frontier Merger

Airlines

Spirit Willing to Talk With JetBlue About Its $3.6 Billion Bid

Well, this means JetBlue's bid isn't going hostile — at least for now. Spirit wants the best deal it can get so sitting down with the JetBlue brass clearly means it is looking to put a premium on top of the premium offer.

Spirit Willing to Talk With JetBlue About Its $3.6 Billion Bid

Mergers and Acquisitions

DoveVivo Buys Altido to Blend Co-Living With Short-Term Rentals

Skift has long pointed out that the lines are blurring among formerly separate categories in hospitality. The move to hybrid, or blended hospitality, has only sped up lately, as this latest merger highlights.

DoveVivo Buys Altido to Blend Co-Living With Short-Term Rentals

Business Travel

JP Morgan to Acquire Frosch Luxury Travel Agency

This deal would break the mold of so many technology plays we've seen to date, giving JP Morgan an edge in supporting bookings with experienced consultants.

JP Morgan to Acquire Frosch Luxury Travel Agency

Airlines

Frontier Airlines to Buy Spirit in $6.6 Billion Cash-Stock Deal

The rumors have come true with Spirit Airlines and Frontier Airlines unveiling plans to merge Monday. The deal would create a U.S. budget juggernaut and the country's fifth largest airline but likely faces a tough approvals process from the pro-competition Biden administration.

Frontier Airlines to Buy Spirit in $6.6 Billion Cash-Stock Deal

Mergers and Acquisitions

SeaWorld Reportedly Offers to Buy Cedar Fair for $3.4 Billion

SeaWorld is enormously confident that travel will make a significant rebound soon because why would they offer more than $3 billion for Cedar Fair if it didn't see the leisure and entertainment sector rapidly approaching pre-Covid metrics.

SeaWorld Reportedly Offers to Buy Cedar Fair for $3.4 Billion