investments Archives

Tour Operators

TUI Returns to Profit, Eyes Shifts From Extreme Weather

TUI is acutely aware that its holiday package tours could be prone to seasonality shifts, as the group has just had to deal with the impact of severe weather warnings and wildfires. Despite all this and rising prices, travel demand from its main markets remains strong.

Selene Brophy | 4 months ago

Online Travel

Capital One Advances Travel Deal Strategy With Intent to Invest in Inspirato

Capital One's travel investments are running the gamut, from Hopper and its discount-hungry travelers to Inspirato's jet-setters. Both will benefit the up-and-coming Capital One Travel.

Dennis Schaal | 4 months ago

News Blog

Certares Closes $284 Million Fund for Hospitality Real Estate

Certares, a private equity firm that invests in travel, said on Wednesday it had closed its first real estate hospitality fund, with $284 million of equity commitments. The fund is acquiring hospitality real estate assets in U.S. growth markets. It has already made investments in 10 hotels that together have more than 2,100 keys. The…

Sean O'Neill | 4 months ago

Tourism

Skift India Report: Tourists in France Can Now Make UPI Payments in Rupees

While India has much reason to cheer over UPI transactions in Paris, it must wait and watch to get more clarity on the cost of the transfer as the adoption accelerates.

Amrita Ghosh | 5 months ago

Hotels

India Daily: Hotels to Attract $2.3 Billion Investment in Next Few Years

India’s booming aviation market coupled with sustained economic growth have made global hospitality titans check into the country with a robust pipeline of hotels over the next five years.

Amrita Ghosh | 7 months ago

Online Travel

Trivago’s Returns Take a Hit as Company Invests in Direct Connection Tool

As online travel advances technologically, Trivago is investing so it can be competitive in the future.

Justin Dawes | 7 months ago

Hotels

Trump to Operate Hotel and Golf Course at Indonesia’s Java Tourism Complex

The Trump Organization would surely have in mind the huge tax breaks that Indonesia has been dangling to lure private players to invest in the country's projects.

Stanley Widianto, Reuters | 8 months ago

News Blog

Travelport Owners Inject $200 Million to Sustain Its Travel Tech Growth

Travel technology company Travelport revealed on Friday it had received a $200 million investment from its owners, Siris Capital Group and Elliott Management. Based in Langley, UK, the privately held company didn't disclose its financial performance other than to say it had achieved "a strong first-quarter performance." The investment may have partly helped Travelport to…

Sean O'Neill | 8 months ago

Airlines

Private Equity Sees New Aviation Investing Opportunities With Recent Bank Anxieties

Although some aerospace suppliers have concerns about private equity investments, they'd surely welcome the capital needed to meet the growing demand for more planes and parts as travel continues its rebound.

Allison Lampert, Allison Lampert and Abhijith Ganapavaram, Reuters | 8 months ago