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Articles tagged “investments”

News Blog

Asia-Pacific Hotel Investment Volumes Rose to $7 Billion in First Half of 2022

Investment in the hotel sector in Asia Pacific continued to recover as investment volumes totaled $6.8 billion in the first six months of 2022, according to real estate brokerage firm JLL’s report. Capital deployment into the region’s hotels sector showed a return to pre-pandemic levels, registering a 12 percent increase compared to 2019. Countries in…

Peden Doma Bhutia | 2 years ago

News Blog

Online Travel Agency Kiwi Receives $105 Million in Investment

Kiwi.com, an online travel agency based in Brno, Czechia, said on Wednesday it had received an investment of $105 million (€100 million) from an unnamed "preeminent global institutional investor." The company didn't disclose the terms of the deal. General Atlantic had invested in the company before the pandemic. One of Kiwi.com's signature offerings is "virtual…

Sean O'Neill | 2 years ago

Hotels

Majority Stake in The Student Hotel Chain to Be Sold to Singapore, Dutch Funds

Singaporean fund GIC and Dutch pension manager APG are placing a bet on hybrid hospitality with this deal. While private student housing is an old model, The Student Hotel cleverly optimizes how it sells its space to students, travelers, and professionals needing co-working space, depending on shifting demand.

Sean O'Neill | 2 years ago

Majority Stake in The Student Hotel Chain to Be Sold to Singapore, Dutch Funds

Hotels

Singapore’s Hospitality REITs Poised to Go Private in a Big Way

Damage from the pandemic has undervalued hospitality investment trusts in the Lion City in the eyes of investors itching to take them private. Watch the deals churn in the second half of 2022.

Anshuman Daga, Reuters | 2 years ago

Singapore’s Hospitality REITs Poised to Go Private in a Big Way

News Blog

Certares and Knighthead Invest $225 Million in Global Blue in Bet on Duty-Free Shopping

Have you ever claimed your value added tax back for things you bought during a trip to Europe? Then you probably used a Global Blue Tax Free Shopping service. Global Blue, a payments specialist for 300,000 partner stores primarily in the European Union, is now on the rebound. It has agreed to receive $225 million…

Sean O'Neill | 2 years ago

Airlines

Investor 777 Buys AeroCRS to Build Tech Stack for Smaller Airlines

Investment firm 777 Partners hasn't only bought 68 Boeing 737 Max jets for its budget airlines. It has also been rolling up software vendors, competing with other airline tech providers.

Sean O'Neill | 2 years ago

Investor 777 Buys AeroCRS to Build Tech Stack for Smaller Airlines

Travel Technology

Mondee Reportedly Gets $20 Million From Travelport Owners to Support Going Public

Some recent efforts by businesses to go public via mergers with blank check companies have stalled or fizzled. But it's a vote of confidence in Mondee that Travelport's financial sponsors, Elliott Management and Siris Capital, are reportedly putting up money to support the travel tech company in going public.

Sean O'Neill | 2 years ago

Mondee Reportedly Gets $20 Million From Travelport Owners to Support Going Public

Startups

Why Private Equity Firm Certares Is Dabbling in Travel Venture Investing

Chantal Noble Haldorsen appears to be one of the rising stars of travel tech investing. Savvy entrepreneurs will note her insights.

Sean O'Neill | 2 years ago

Why Private Equity Firm Certares Is Dabbling in Travel Venture Investing

Short-Term Rentals

Short-Term Rentals Attract Private Equity Seeking New Asset Class

The smartest money appears to be warming to the emerging asset class of professionally managed short-term rentals and vacation rentals. But it's probably too soon to expect an "STR REIT," or short-term rental real estate investment trust, this year.

Sean O'Neill | 2 years ago

Short-Term Rentals Attract Private Equity Seeking New Asset Class

Venture Capital

Venture Capital Returns in Force to Travel: New Skift Research

A resurgence of early-stage startups launched in 2021 points to a new wave of innovation and energy coming into the travel sector.

Seth Borko | 2 years ago

Venture Capital Returns in Force to Travel: New Skift Research