SkiftX

10 Largest Travel Acquisitions of 2018

10 Largest Travel Acquisitions of 2018

Dennis Schaal, Skift

These were the 10 biggest deals in travel in 2018. Were they the smartest decisions? We'll know in a few years. Hospitality-related acquisitions dominated our list; the online travel agencies made some big investments, but were absent as big buyers.

3 months ago

Booking Holdings Bought HotelsCombined for Only $140 Million

Booking Holdings Bought HotelsCombined for Only $140 Million

Dennis Schaal, Skift

Don't you just love those proverbial tuck-in acquisitions? Booking Holdings didn't break the bank for either HotelsCombined ($140 million) or FareHarbor ($250 million). Sometimes making smaller bets is a much smarter strategy than gargantuan deals, but only time will tell.

7 months ago

Skiftx Original
The Digital Strategies Helping Cities Connect with Locals and Visitors

The Digital Strategies Helping Cities Connect with Locals and Visitors

Greg Oates, SkiftX

Municipal city governments have been investing heavily in smart city technologies, but in many different ways. Bloomberg Associates' new research puts forth some best practices to help cities learn how others are using various digital tools to engage locals and visitors effectively.

8 months ago

Launching The Oral History of Travel’s Greatest Acquisition Booking.com

Launching The Oral History of Travel’s Greatest Acquisition Booking.com

Tom Lowry, Skift

This is the oral history of Priceline's two deals, the acquisitions of Active Hotels and Bookings B.V., that created Booking.com, and continue to shape the course of online travel and the competitive landscape today. The twin transactions were among the greatest Internet deals of all time, and their lessons are relevant to startups and dealmakers in any industry.

8 months ago

AccorHotels Buys Catering Tech Company Adoria

AccorHotels Buys Catering Tech Company Adoria

Patrick Whyte, Skift

Catering is a key growth area for AccorHotels and this deal complements a number of others it has done in the sector.

10 months ago

British Airways Parent Looking at Buying Norwegian

British Airways Parent Looking at Buying Norwegian

Patrick Whyte, Skift

Wow. Not many people will have seen this coming, including, it seems, Norwegian. Adding another brand to IAG's growing portfolio might make strategic sense but it will come at a significant cost.

11 months ago

China’s Biggest Hospitality Dealmakers May Be Sidelined for Good

China’s Biggest Hospitality Dealmakers May Be Sidelined for Good

Daniel Meesak, Jing Travel

Just two years ago, insurance company Anbang surprised the world with its bid to buy Starwood. Now it and other Chinese companies that went on global shopping sprees are stuck with an impossible bill — and a government that doesn't approve of the purchases.

12 months ago

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Downtown Phoenix Evolves as a Knowledge Platform to Co-create Innovative Conferences

Downtown Phoenix Evolves as a Knowledge Platform to Co-create Innovative Conferences

Visit Phoenix + Skift

Downtown Phoenix is an established and spirited meetings destination due to significant infrastructure investments in recent years. Building on that, the public and private sectors are now collaborating more intentionally to connect meeting planners with the region's thought leaders in technology, healthcare, and other advanced industries.

12 months ago

Skiftx Original
Fort Worth Invested Big in SXSW to Show the World It’s Not a Dallas Suburb

Fort Worth Invested Big in SXSW to Show the World It’s Not a Dallas Suburb

Greg Oates, SkiftX

It makes sense that the City of Fort Worth and Visit Fort Worth leveraged SXSW's cool factor and global tech audience to help reposition the destination brand around innovation and creativity. The question now is how to keep that momentum going moving forward.

12 months ago

HNA Asset Sales Hit Speed Bump Over Canceled Airline Caterer IPO

HNA Asset Sales Hit Speed Bump Over Canceled Airline Caterer IPO

Prudence Ho, Bloomberg

HNA Group has always been something of a complicated beast and it looks like this has scared off potential investors worried about the lack of clarity surrounding the Swiss airline catering IPO.

12 months ago

Skiftx Original
IBM’s New Watson Assistant Helps Hotels Build Smarter Voice and Chat Platforms

IBM’s New Watson Assistant Helps Hotels Build Smarter Voice and Chat Platforms

Greg Oates, SkiftX

Hotels can now create their own brand-specific digital assistants with IBM's new Watson Assistant because they can white label the artificial intelligence platform. Hotel operators also keep their own data, versus giving it away to a company like Amazon, which IBM says provides a new level of brand intimacy and trust.

12 months ago

Skiftx Original
Why a Glasgow Architecture Conference Focused on Its Legacy Impact

Why a Glasgow Architecture Conference Focused on Its Legacy Impact

Greg Oates, SkiftX

This conference planner sums it up best: “So many times an organization comes into a city, invades it for a few days, and then leaves. For us, we relied on the universities, pulling their knowledge and access to people, to create what we hope is a long-lasting conversation about the future of cities between us and the people of Glasgow.”

1 year ago