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The Travel Deals That Have Fallen Victim to the Pandemic

The Travel Deals That Have Fallen Victim to the Pandemic

Sean O'Neill and Dennis Schaal, Skift

Don't count your deals before they've hatched. Coronavirus has killed valuations of many companies, and deals along with them. On the other hand, some companies, such as Grubhub, are in the right place at the right time.

3 weeks ago

The Long View This Week: The Centrality of Design in a Pandemic Era

The Long View This Week: The Centrality of Design in a Pandemic Era

Rafat Ali, Skift

Design, it turns out, is now everything in the reopening of travel (and rest of daily life, for that matter). How does design in travel change from here? Tune in.

2 months ago

Announcing the Winners of Skift Design Awards 2019

Announcing the Winners of Skift Design Awards 2019

Matt Heidkamp, Skift

During the opening night of Skift Global Forum 2019, we announced the winners of the inaugural Skift Design Awards, the travel industry's recognition of the spaces, services, and initiatives transforming the traveler experience. Discover this year's winners here.

10 months ago

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How Singapore’s Meetings and Events Industry is Going Virtual During the Coronavirus

How Singapore’s Meetings and Events Industry is Going Virtual During the Coronavirus

Singapore Tourism Board + Skift

Singapore’s meetings and events were put on pause earlier this year due to the Covid-19 pandemic. But event industry leaders, meeting planners, vendors, venues, and tech innovators across the country were able to quickly shift many of these events from physical to virtual, showcasing the country’s innovative and entrepreneurial spirit.

1 day ago

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.

2 years 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.

2 years 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.

2 years 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.

2 years 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.

2 years 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.

2 years 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.

2 years ago

HNA Group Sells Stake in Hilton Grand Vacations for $1.1 Billion

HNA Group Sells Stake in Hilton Grand Vacations for $1.1 Billion

Prudence Ho, Bloomberg

HNA Group has achieved what nobody thought possible: Making money on a time-share investment.

2 years ago