Articles tagged “deals”

The Travel Deals That Have Fallen Victim to the Pandemic

The Travel Deals That Have Fallen Victim to the Pandemic

Sean O'Neill and Dennis Schaal, Skift

Don't count your deals before they've hatched. Coronavirus has killed valuations of many companies, and deals along with them. On the other hand, some companies, such as Grubhub, are in the right place at the right time.

3 months ago

South Korea’s Mirae Asset Scraps $6 Billion U.S. Hotel Deal With China’s Anbang

South Korea’s Mirae Asset Scraps $6 Billion U.S. Hotel Deal With China’s Anbang

Hyunjoo Jin, Reuters

Mirae is probably experiencing a bad case of buyer's remorse as the coronavirus pandemic takes a huge bite out of Anbang's asset values. Such disputes over deals made in a pre-Covid era are not the first, and they won't be the last.

5 months ago

JetBlue CEO Robin Hayes: Coronavirus Testing Will Be Key for Airlines’ Recovery

JetBlue CEO Robin Hayes: Coronavirus Testing Will Be Key for Airlines’ Recovery

Dennis Schaal, Skift

It's difficult to imagine that middle seats on planes will be permanently removed after a recovery takes place. That's why coronavirus testing is so important. But if passengers won't fly with another flyer at their elbows, then expect airfares to skyrocket.

5 months ago

Blackstone May Repurchase Anbang Hotel Properties

Blackstone May Repurchase Anbang Hotel Properties

Bloomberg

What are hotel portfolios to the Blackstone Group if not mere commodities to be bought, sold, and reacquired. The real estate giant has done this several times before, and may do it again with the Anbang portfolio unless another bidder prevails.

1 year ago

Airbnb Is Paying $400 Million For HotelTonight, Half in Pre-IPO Stock

Airbnb Is Paying $400 Million For HotelTonight, Half in Pre-IPO Stock

Dennis Schaal, Skift

On the surface, HotelTonight got a lowish deal from Airbnb. But with roughly half in stock, the price tag could look very upbeat if Airbnb's stock soars in an initial public offering.

2 years ago

Travel Companies Still Offering Last-Minute Holiday Travel Deals

Travel Companies Still Offering Last-Minute Holiday Travel Deals

David Koenig, Associated Press

There are deals out there for holiday travel, but airlines are getting savvier about canceling flights when there is low demand so some bargains of previous years, such as on Christmas Day, are vanishing.

3 years ago

Expedia Is Stealing Market Share from Priceline’s Name Your Own Price Through Steep Discounts

Expedia Is Stealing Market Share from Priceline’s Name Your Own Price Through Steep Discounts

Dennis Schaal, Skift

Priceline's Booking.com has been conquering the world, often at Expedia's expense, but let's score one for Expedia. Its Expedia Unpublished Rates product has been kicking butt, and stealing share from Priceline's Name Your Own Price since last 2011.

7 years ago

LivingSocial CEO Steps Down as Weekend Getaways, Daily Deals Slow

Adam Satariano, Bloomberg

Groupon and LivingSocial blew up the business of deals -- just ask Travelzoo. Now people are trying to figure out how to put it back together.

7 years ago

Cyber Monday Deals Offered by Hotels, Cruise Lines, Destinations and Booking Sites

Beth J. Harpaz, Associated Press

There are probably more travel companies participating in some way in Cyber Monday discounting than those that are abstaining. Airlines will be just coming off their busiest weekend of the year, and will get in on the act, as well.

7 years ago

Hotels Get In On Black Friday and Cyber Monday Deals

If their rooms were full and occupied, then hotels wouldn't be participating in these Cyber Week deals. Where there is need, there is a deal.

7 years ago

Starwood Launches the Weirdest Hotel Flash Sales on the Internet

Starwood Launches the Weirdest Hotel Flash Sales on the Internet

Dennis Schaal, Skift

Starwood's new hotel flash sales site has little flash, and it is a bad move to jump through hoops about your exclusive sales when in reality you can find the same hotel deals all over the Internet. Bad move.

7 years ago

When Super-Cheap Airfare Deals Make Sense for Airlines

Hugo Martin, Los Angeles Times

There's obviously a science to these tactical airfare sales, and it's better to fill seats on the cheap than to see them go empty.

7 years ago