Articles tagged “certares”

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

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.

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.

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.

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?

These eventual cuts will be as good an indicator as any of the pandemic's impact on corporate travel volumes for 2021. Other agencies, in other regions with less strict employment legislation, may not be that far behind.

From the outside, it seems the travel management company has gone into survival mode. Post-Covid, it will look a lot leaner, and more attractive to potential buyers.

Greg O'Hara and Noam Gottesman will be shopping for a winner, but unlike early stage investors, they can hunt for a travel company with an extensive track record. In the midst of a global pandemic, this is not a done deal, but you can bet a deal will get done.

Relations are getting testy between American Express GBT and deep-pocketed investors that are backing out of a big deal. Regardless of the outcome of a lawsuit being argued in a Delaware court, Amex GBT should have plenty of money at its disposal to go shopping for strategic investments in business travel later this year.

This deal between Liberty Tripadvisor and Certares Management ensures that Tripadvisor won't be shedding its controlling shareholder anytime soon. With Liberty Tripadvisor paying off debt, it will now be charged with ensuring that its namesake Tripadvisor has a viable future, as well, once the coronavirus crisis passes.