SkiftM&A

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?

7 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.

7 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.

8 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.

8 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.

8 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.

10 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.

10 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.

10 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.

10 months 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.

10 months 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.

10 months 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.

10 months ago