SkiftM&A

Kayak Acquires Assets of Struggling Brazilian Metasearch Company Mundi

Kayak Acquires Assets of Struggling Brazilian Metasearch Company Mundi

Sean O'Neill, Skift

Skyscanner had been sniffing around Brazil's homegrown metasearch leader Mundi and checking its books. Kayak appears to have swooped in to shore up market share.

2 weeks ago

Webjet Is Buying JacTravel as Wholesaler Consolidation Intensifies

Webjet Is Buying JacTravel as Wholesaler Consolidation Intensifies

Patrick Whyte, Skift

In a short period, the number of companies at the top of the business-to-business travel market has shrunk dramatically. The deal continues Webjet's transition from a regionally focused consumer travel company to a global travel business; other acquisitions will follow.

3 weeks ago

Wyndham Buys AmericInn Hotel Chain for $170 Million

Wyndham Buys AmericInn Hotel Chain for $170 Million

Deanna Ting, Skift

Wyndham's version of a great American idea? Buying AmericInn. (Sorry, we couldn't help ourselves.)

1 month ago

China’s Dalian Wanda Group Unloads $9.3 Billion in Tourism Projects

China’s Dalian Wanda Group Unloads $9.3 Billion in Tourism Projects

Bloomberg

We are not going to tell large Chinese companies how to live their life. But their actions of unloading and buying and selling right now does not speak to a solid market. It suggests insecurity.

1 month ago

Etraveli Gets New Owner in Push to Dominate European Online Booking

Etraveli Gets New Owner in Push to Dominate European Online Booking

Hannah Sampson , Skift

Etraveli was sold for more than twice what it fetched just a year and a half ago. That's an impressive trajectory — and it looks like all parties are invested in continuing that kind of growth.

2 months ago

TrustYou Acquired as User-Generated Reviews Sector Heats Up

TrustYou Acquired as User-Generated Reviews Sector Heats Up

Andrew Sheivachman, Skift

TrustYou's hotel clients have remained relatively modest in scale as the company has grown. Perhaps it will be able to attract bigger brands, and more companies based in Asia, with a more robust global presence.

2 months ago

Don’t Look for Trivago to Jump on the Metasearch Buying Spree

Don’t Look for Trivago to Jump on the Metasearch Buying Spree

Dennis Schaal, Skift

Trivago is hotel-only and is focused on growing its own brand without the headaches of trying to figure out what to do with an additional brand. Trivago isn't talking about it, but would gladly leave it to Kayak to try to determine what to do with multiple brands such as Momondo and Cheapflights.

3 months ago

Booking Site Acquisitions: Who Bought What and Who Was Shut Out in 2016

Booking Site Acquisitions: Who Bought What and Who Was Shut Out in 2016

Dennis Schaal, Skift

Expedia got a lot of buzz for its 2015 buying binge, but over the last two years China's Ctrip has been on an equal footing with Expedia in terms of acquisition activity. At the same time, TripAdvisor is stockpiling dining-related sites, having bought five and invested in two others.

6 months ago

Airbnb’s Buy of Luxury Retreats Is Latest of a Dozen Acquisitions

Airbnb’s Buy of Luxury Retreats Is Latest of a Dozen Acquisitions

Dennis Schaal, Skift

As a growing company with global ambitions and a $3 billion stockpile, Airbnb wants to buy stuff. You can expect that more acquisitions are on the way as Airbnb expects to branch out into related sectors.

6 months ago

Airbnb Acquires Vacation Rental Company Luxury Retreats, Officially Moves Into Luxury

Airbnb Acquires Vacation Rental Company Luxury Retreats, Officially Moves Into Luxury

Deanna Ting, Skift

... And here comes Airbnb Lux.

6 months ago

Kayak-Momondo: What to Watch for as the Companies Combine

Kayak-Momondo: What to Watch for as the Companies Combine

Dennis Schaal, Skift

Expedia poured money into Trivago marketing at a loss. Current Priceline Group CEO Glenn Fogel just spent $550 million on helping Kayak grow. Does this mean he’s going to open the bankroll even further to assist Kayak-Momondo in its expansion?

6 months ago

Airbnb in Talks to Acquire Luxury Retreats, Aiming for High-End Vacation Rentals

Airbnb in Talks to Acquire Luxury Retreats, Aiming for High-End Vacation Rentals

Scott Deveau, Olivia Zaleski and Gerrit De Vynck, Bloomberg

First, AccorHotels announced its intentions to buy Travel Keys earlier this week and now, Airbnb is in talks to acquire Luxury Retreats. It's clear there's an intense desire to acquire and expand the luxury vacation rental business on the part of traditional hoteliers and alternative accommodations providers alike.

6 months ago