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Articles tagged “acquisition”

Concur Buys Hipmunk to Bring Consumer Tools to Its Business Travelers

Concur Buys Hipmunk to Bring Consumer Tools to Its Business Travelers

Dennis Schaal and Jason Clampet, Skift

Six years after brashly boasting about how it would disrupt travel search, Hipmunk, which had to compete against larger players with more ample war chests, is exiting into the business travel portfolio of Concur. Hipmunk's turn toward business travel may make it more of a business-to-business play than its current consumer incarnation. As Concur's TripIt example shows, it remains to be seen how innovative Hipmunk can be given larger corporate priorities within SAP/Concur.

3 months ago

New Starwood Takeover Bid: The Players Behind the $13 Billion Offer

New Starwood Takeover Bid: The Players Behind the $13 Billion Offer

Deanna Ting, Skift

Three of the named entities involved in the takeover bid for Starwood don't have much experience in the hotel business, but that won't keep them from buying Starwood.

9 months ago

Wander Finds a Soft Landing at Yahoo in Latest Travel App Acqui-Hire

Wander Finds a Soft Landing at Yahoo in Latest Travel App Acqui-Hire

Jason Clampet, Skift

Wander's founders were smart enough to pivot away from their travel site once they realized they knew little about the market.

3 years ago

Marriott CEO Interested in Buying More Hotel Operators to Add Brands

Marriott CEO Interested in Buying More Hotel Operators to Add Brands

Nadja Brandt, Bloomberg

Acquisitions give the global hotel group the opportunity to add brands outside of its expertise, like European budget chain Moxy, and is a smart road to international growth.

3 years ago

StudentUniverse Buys Hostel Booking App WeHostels to Improve on Mobile

StudentUniverse Buys Hostel Booking App WeHostels to Improve on Mobile

Samantha Shankman, Skift

Mobile booking is the way of the future and mobile-only startups with clean designs and fast-moving teams will soon find homes at online booking behemoths that know they need to be on travelers' smartphones in order to survive moving forward.

3 years ago

Expedia’s stake in Trivago brings its travel brand portfolio up to a dozen

Expedia’s stake in Trivago brings its travel brand portfolio up to a dozen

Samantha Shankman, Skift

Expedia’s European investment could have been predicted as soon as Priceline scooped up Kayak, and the travel company will now continue to cluster more brands under its umbrella as it builds out its inventory and global reach.

4 years ago

Africa’s newest airline FastJet makes moves to buy South Africa’s 1Time

Africa’s newest airline FastJet makes moves to buy South Africa’s 1Time

eTurboNews

Africa is full of near-bankrupt and poorly managed state airlines, making acquisitions a quick and cost efficient way for upstarts like FastJet to build its fleet and expand routes early on.

4 years ago

A little victory for former colonies: Avianca owner may purchase Portugal’s largest airline

A little victory for former colonies: Avianca owner may purchase Portugal’s largest airline

Bloomberg

Avianca is the top contender to take the airline off the hands of debt-ridden Portugal and in doing so would access TAP’s 46 European routes to boost passenger volume for Avianca Brazil.

4 years ago

Priceline and Kayak: Comparing the numbers

Dan Nguyen, Skift

Priceline is buying a much smaller, younger travel tech company in Kayak, but one that has earned a lot of fans for its innovation.

4 years ago