Articles tagged “investments”

Two blank-check outfits that will try to buy something in travel later debuted on the stock market this week. No Airbnb-style IPO pops, however, because no one knows what the acquirers might score in the travel sector.

Jackpot.

The cash injection will give the travel technology firm Travelport some breathing room as it fights payments tech firm Wex over a transaction dispute.

Clear doesn’t let you skip security screening at U.S. airport checkpoints, but its promise is to make the effort take less than five minutes consistently. Clearly United has heard from its most frequent customers that they value that consistency.

Follow the money — at your own risk, of course. These two hedge funds are putting their money in airline and online travel agency stocks, often investing in competitors. Rising tides lift all boats, after all.

AccorHotels continues to make strategic investments that attempt to round out its overall portfolio. Investing in a boutique chain like Germany's 25hours is a good way to grow its boutique and lifestyle hotel offerings.

JetBlue's investment in JetSuiteX is probably not a game-changer. But it is unusual, and it will be interesting to see how the JetBlue/JetSuiteX partnership evolves.

Some Chinese investors have plenty of cash to spend on foreign investment and between easier approval processes and a slower Chinese economy the Chinese are eager to spread their portfolios overseas.

If the alternative lodging sector is still in its early days, then it is reasonable to envision that the market for services that help property owners and managers decipher the complexities of local rental taxes will only grow. HomeAway's investment in HotSpot Tax should burnish a hoped-for image of a vacation rental site that wants to ensure compliance with local laws.