Articles tagged “cinven”

Cinven Reportedly Close to Acquiring TUI’s Hotelbeds

Cinven Reportedly Close to Acquiring TUI’s Hotelbeds

Aaron Kirchfeld, Ruth David and Manuel Baigorri , Bloomberg

About six months after TUI initially announced it would sell Hotelbeds, it looks like it's finally close to securing a sale to Cinven. TUI's decision to sell is just further proof of how difficult it is to run an online travel agency when your competition includes the likes of Expedia and Booking.com.

3 years ago