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Mergers and Acquisitions

Hotels

Budget Hotel Chain Oyo Continues Meteoric Growth With Vegas Hooters Acquisition

Oyo is opening, on average, one new hotel per day. It should be available in all 50 U.S. states in no time.

Budget Hotel Chain Oyo Continues Meteoric Growth With Vegas Hooters Acquisition

Hotels

Blackstone May Repurchase Anbang Hotel Properties

What are hotel portfolios to the Blackstone Group if not mere commodities to be bought, sold, and reacquired. The real estate giant has done this several times before, and may do it again with the Anbang portfolio unless another bidder prevails.

Blackstone May Repurchase Anbang Hotel Properties

Mergers and Acquisitions

South Africa’s Travelstart to Buy Corporate Travel Agency Club Travel

Travelstart is taking a logical next step in expanding from its core leisure travel business into corporate travel through an acquisition.

South Africa’s Travelstart to Buy Corporate Travel Agency Club Travel

Mergers and Acquisitions

Skift Analysis: Amazon’s Travel Strategy Comes Into Focus

The same rules that apply to run-of-the-mill travel sellers do not necessarily apply to Amazon. While cash back on flights in India may seem loss-generating and unsustainable, for Amazon it could be a winning strategy.

Skift Analysis: Amazon’s Travel Strategy Comes Into Focus

Business Travel

Booking’s FareHarbor Kept the Bootstrapping Myth Going While Discreetly Raising Outside Money

Honesty is the best policy. Even if it clashes with a nice FareHarbor bootstrapping story that seemed too good to be true.

Booking’s FareHarbor Kept the Bootstrapping Myth Going While Discreetly Raising Outside Money

Hotels

Wynn Resorts Walks Away From Crown Deal After Talks Became Public

It's likely that Wynn's cold feet about the Crown Resorts deal had more complex origins than the mere public disclosure of talks under way. Wynn wants to expand in Asia beyond Macau so it ain't over until the lights go out.

Wynn Resorts Walks Away From Crown Deal After Talks Became Public

Hotels

Airbnb Is Paying $400 Million For HotelTonight, Half in Pre-IPO Stock

On the surface, HotelTonight got a lowish deal from Airbnb. But with roughly half in stock, the price tag could look very upbeat if Airbnb's stock soars in an initial public offering.

Airbnb Is Paying $400 Million For HotelTonight, Half in Pre-IPO Stock

Hotels

Airbnb Is Buying HotelTonight: Here’s What That Means

Will Airbnb stick to its boutique and independent-only stance on hotels? It could put it at a serious disadvantage when it comes to competitors like Booking or Expedia in the long run. But if Airbnb winds up offering a wider swath of hotels, it could boost its brand even further. Either way, it's guaranteed to be interesting. We'll get the popcorn ready.

Airbnb Is Buying HotelTonight: Here’s What That Means

Airlines

Delta Wants an EasyJet Partnership in Bid for Alitalia

The details on Delta's quest for a partnership with rival bidder easyJet for bankrupt Alitalia are so sparse they are difficult to assess. But a decision on the fate of the bankrupt Italian carrier could be coming this week.

Delta Wants an EasyJet Partnership in Bid for Alitalia

Mergers and Acquisitions

Private Equity Takes Over Switchfly in a Bet on Travel Loyalty Tech

Switchfly, a travel tech firm specializing in loyalty and e-commerce upselling, has been taken over by private equity firms Golub Capital and L Capital.

Private Equity Takes Over Switchfly in a Bet on Travel Loyalty Tech