Articles tagged “deals”

SkiftX

The Travel Deals That Have Fallen Victim to the Pandemic

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.

The Travel Deals That Have Fallen Victim to the Pandemic

Coronavirus

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

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.

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

Airlines

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

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.

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

Hotels

Blackstone May Repurchase Anbang Hotel Properties

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.

Blackstone May Repurchase Anbang Hotel Properties

Hotels

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

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.

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

Online Travel

Travel Companies Still Offering Last-Minute Holiday Travel Deals

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.

Travel Companies Still Offering Last-Minute Holiday Travel Deals

Online Travel

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

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 Its Expedia Unpublished Rates product has been kicking butt, and stealing share from Priceline's Name Your Own Price since last 2011.

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

Online Travel

LivingSocial CEO Steps Down as Weekend Getaways, Daily Deals Slow

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.

Airlines

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

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.

Hotels

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.