SkiftM&A

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.

2 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.

2 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.

2 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?

2 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.

3 months ago

Priceline Buys Momondo for $550 Million to Expand in Europe

Priceline Buys Momondo for $550 Million to Expand in Europe

Dennis Schaal, Skift

The acquisition of the Momondo Group is the Priceline Group's largest since buying OpenTable -- and subsequently having to take a write down -- in 2014. Through the acquisition, Kayak gets a strong brand in parts of Europe and ensures that no other rivals step in to take Momondo away from it.

3 months ago

AccorHotels to Buy Private Vacation Rental Platform Travel Keys

AccorHotels to Buy Private Vacation Rental Platform Travel Keys

Deanna Ting, Skift

AccorHotels' investments in the sharing economy continue to expand, and as the only major global hotel company investing so directly into the alternative accommodations sector, the company seems well positioned to adapt and grow with this "new normal" in the lodging space.

3 months ago

Kayak Is Shopping for a Metasearch Acquisition in Europe

Kayak Is Shopping for a Metasearch Acquisition in Europe

Dennis Schaal, Skift

It's clear there is going to be further consolidation in online travel in Europe after Ctrip swooped in and acquired Skyscanner. Momondo would be a nice addition – not a game-changer for Kayak – and a deal could happen if the number-crunchers on both sides have a meeting of the minds.

3 months ago

The Pitfalls and Perils of Online Travel Acquisitions

The Pitfalls and Perils of Online Travel Acquisitions

Dennis Schaal, Skift

Ctrip, when acquiring Skyscanner, should call up, or at least compare notes with, companies as varied as Sabre, Travelocity, the Priceline Group, and Expedia when mulling the challenges in integrating a new prized possession. These new playthings can in rare cases turn into the success of a Booking.com, but on the other hand they have the potential to wreak havoc.

5 months ago

Event Tech Leaders Cvent and Lanyon Announce Merger

Event Tech Leaders Cvent and Lanyon Announce Merger

Jason Clampet, Skift

With Vista already owning Lanyon, the writing was on the wall for this merger.

5 months ago

Cendyn Buys Guestfolio to Expand Its Hotel Digital Marketing Solutions

Cendyn Buys Guestfolio to Expand Its Hotel Digital Marketing Solutions

Dennis Schaal, Skift

As with Cendyn and Guestfolio, further consolidation is likely in the hotel marketing and loyalty sector as the number of competitors proliferate and the opportunities grow.

5 months ago

Exclusive: Ctrip CEO on How It Moved In to Buy Skyscanner

Exclusive: Ctrip CEO on How It Moved In to Buy Skyscanner

Dennis Schaal, Skift

Ctrip didn't acquire the largest metasearch engine in Skyscanner but one that is very strong in Europe. Ctrip will now turn Skyscanner into a flight-booking site and will also focus Ctrip on growing domestically, in greater China and Southeast Asia first.

5 months ago