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Articles tagged “certares”

Online Travel

Is Investor Certares on the Road to Becoming a Next-Gen Travel Powerhouse?

At a time when a travel operator like Expedia Group is shedding brands to become more focused, private equity firm Certares is investing in a broad array of travel assets. Divergent strategies for two very different companies. Certares' goal is likely to wrangle synergies while making a ton of money.

Dennis Schaal, Skift | 3 years ago

Is Investor Certares on the Road to Becoming a Next-Gen Travel Powerhouse?

Online Travel

Airbnb’s Host Dilemma — 5 Percent Control Nearly a Third of All Rentals

New data from AirDNA show that corporate hosts wield huge power on Airbnb's platform despite the fact that individual hosts make up more than 90 percent of hosting's ranks. Airbnb is empowering the growth of these property managers, but the result could be disenchanted hosts and guests.

Dennis Schaal, Skift | 3 years ago

Airbnb’s Host Dilemma — 5 Percent Control Nearly a Third of All Rentals

Ground Transport

Hertz Looks to Travel Investor Certares to Lead It Out of Bankruptcy in $4.2 Billion Reorganization

It will certainly be a challenge to transform Hertz's business. However, the car rental company is not only getting a financial lifeline, but also an assist from private equity firm Certares' wide-ranging travel rollup strategy. This will be a long-term play.

Dennis Schaal, Skift | 3 years ago

Hertz Looks to Travel Investor Certares to Lead It Out of Bankruptcy in $4.2 Billion Reorganization

Online Travel

Tripadvisor Takes Unusual Route With Private Equity Help to Build Its New Subscription Offering

Private equity firm Certares is leveraging its brand assets the way a Booking Holdings might do when Booking.com shares inventory with sister company Priceline. This isn't the usual private equity playbook.

Dennis Schaal, Skift | 3 years ago

Tripadvisor Takes Unusual Route With Private Equity Help to Build Its New Subscription Offering

Online Travel

4 Takeaways From Skift’s Online Travel and Distribution Summit

Profit, revenue and trends became less relevant during the pandemic so many travel businesses with deeper pockets used the standstill to rethink their strategies. Plenty of the new efforts will fail, but on the other side of the crisis, some of these businesses will look significantly different.

Dennis Schaal, Skift | 3 years ago

4 Takeaways From Skift’s Online Travel and Distribution Summit

Coronavirus

Travel Investor Certares to Target Pandemic Hotel Opportunities

Founder and senior managing director Greg O'Hara also painted a positive picture for the outdoor and adventure sector in a frank interview.

Matthew Parsons, Skift | 3 years ago

Travel Investor Certares to Target Pandemic Hotel Opportunities

Business Travel

G Adventures Attracts Investment From Private Equity Firm Certares

With plenty of dinero within reach, Certares is in a position to latch onto companies that fit into trends that the PE firm believes will be at the forefront when a post-Covid travel recovery finally takes hold. G Adventures apparently fits the bill.

Dennis Schaal, Skift | 3 years ago

Online Travel

Certares Leads $42 Million Investment in Cabin Rental Startup

Investment firm Certares is betting on Getaway, which rents cabins offering an outdoor experience to urban consumers looking for an escape from the digital world. The move reflects a wager on travel trends emerging from the pandemic.

Sean O'Neill, Skift | 3 years ago

Certares Leads $42 Million Investment in Cabin Rental Startup

Online Travel

Helicopter Taxi Service Blade Goes Public Through Blank-Check Company

Airbus-backed Blade thinks Asia is where the action is, with plans to expand there after this latest blank-check deal. Keep an eye on similar so-called SPAC deals in travel in the new year.

Matthew Parsons, Skift | 3 years ago

Helicopter Taxi Service Blade Goes Public Through Blank-Check Company

Business Travel

Big Names In Travel Back CommonPass, New Digital Health Passport to Restart Travel

Several big names are linked to this pilot, not the least of which are the U.S. Customs and Border Protection and The Rockefeller Foundation, and to other schemes afoot. But are they the answer to restarting travel, and can they convince governments that Covid-19 testing, not quarantines, is the best way to reopen borders?

Matthew Parsons, Skift | 4 years ago

Big Names In Travel Back CommonPass, New Digital Health Passport to Restart Travel