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SkiftM&A

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.

1 week 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.

1 week 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.

2 weeks 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.

2 weeks ago

Breaking: Ctrip to Acquire Skyscanner for $1.74 Billion

Breaking: Ctrip to Acquire Skyscanner for $1.74 Billion

Dennis Schaal, Skift

Ctrip is anxious to expand globally and views the acquisition of Skyscanner as a means to expand Ctrip's international footprint in selling air tickets. Look for Skyscanner to increase its booking capabilities and to evolve beyond search under the Ctrip umbrella.

2 weeks ago

Alaska Air Nearing Deal With Regulators to Seal Virgin America Buy

Alaska Air Nearing Deal With Regulators to Seal Virgin America Buy

David McLaughlin and Mary Schlagenstein, Bloomberg

The Alaska Airlines-Virgin America merger is going to happen. The question is what did regulators force the airlines to give up.

3 weeks ago

Lola Travel Agent App Acquires Room 77 Technology

Lola Travel Agent App Acquires Room 77 Technology

Dennis Schaal, Skift

With Lola's acquisition of Room 77's metasearch tech, Room 77 essentially becomes a consumer insights and hotel search test lab for Lola. Room 77's original founders have essentially exited the business: Google licensed its tech and hired the bulk of its employees, Expedia acquired Room 77's pioneering room-view tech, TrustYou bought Room 77's Checkmate hotel-messaging app, and now Lola picked up the remaining technology.

4 weeks ago

An Argument for Priceline Buying Skyscanner Before Its IPO

An Argument for Priceline Buying Skyscanner Before Its IPO

Gillian Tan, Bloomberg

If you believe that Priceline Group can only go through acquisitions, Skyscanner isn't a bad option. But that's not the only way it can grow.

2 months ago

Marriott CEO Interview: Buying Starwood and Its $13 Billion Bet on Loyalty

Marriott CEO Interview: Buying Starwood and Its $13 Billion Bet on Loyalty

Deanna Ting, Skift

That didn't take too long now, did it? In all seriousness, however, this mega-merger was certainly a long one in the making, filled with plenty of twists and turns. Now, we hope, comes the even more interesting part in the next chapter of the story.

3 months ago

Alaska Air and Virgin America Merger Approaching Antitrust Deadline

Alaska Air and Virgin America Merger Approaching Antitrust Deadline

David McLaughlin and Mary Schlagenstein, Bloomberg

Quite the situation if the three mega mergers before this (American-US Air, United-Continental, and Delta-Northwest) would lead antitrust officials to block a much smaller deal.

3 months ago

Starwood’s Hospitality Legacy After the Marriott Merger

Starwood’s Hospitality Legacy After the Marriott Merger

Deanna Ting, Skift

Starwood Hotels & Resorts as we know it may be going away now that it'll be owned by Marriott International, but its history of innovation has had a lasting impact on the hospitality industry as a whole.

3 months ago

Marriott-Starwood Merger Receives Final Approval

Marriott-Starwood Merger Receives Final Approval

Dennis Schaal, Skift

If there were any doubts about the Marriott-Starwood deal getting done, you can now toss them out because of the approval from Chinese regulators. Now, let's get on with it.

3 months ago