Articles tagged “m&a”

Expedia Group’s Conundrum: Acquisitions or Share Repurchases?

Expedia Group’s Conundrum: Acquisitions or Share Repurchases?

Dennis Schaal, Skift

Expedia Group doesn't intend to hoard piles of cash for a rainy day. The company purports to favor share repurchases over acquisitions, all things being equal, but if a rainmaker of a deal comes along, then Expedia may pounce.

2 weeks ago

Best Western’s Newest Acquisition Points to Long-Term Reservations Strategy

Best Western’s Newest Acquisition Points to Long-Term Reservations Strategy

Danni Santana, Skift

Property management systems are not the most exciting topic to discuss when assessing a hotel's tech prowess, but they are core to any company's ability to sell as many rooms as possible.

3 weeks ago

Budget Hotel Chain Oyo Continues Meteoric Growth With Vegas Hooters Acquisition

Budget Hotel Chain Oyo Continues Meteoric Growth With Vegas Hooters Acquisition

Danni Santana, Skift

Oyo is opening, on average, one new hotel per day. It should be available in all 50 U.S. states in no time.

4 weeks 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.

3 months ago

South Africa’s Travelstart to Buy Corporate Travel Agency Club Travel

South Africa’s Travelstart to Buy Corporate Travel Agency Club Travel

Richard Holmes, Skift

Travelstart is taking a logical next step in expanding from its core leisure travel business into corporate travel through an acquisition.

3 months ago

Skift Analysis: Amazon’s Travel Strategy Comes Into Focus

Skift Analysis: Amazon’s Travel Strategy Comes Into Focus

Seth Borko and Dennis Schaal, Skift

The same rules that apply to run-of-the-mill travel sellers do not necessarily apply to Amazon. While cash back on flights in India may seem loss-generating and unsustainable, for Amazon it could be a winning strategy.

4 months ago

Booking’s FareHarbor Kept the Bootstrapping Myth Going While Discreetly Raising Outside Money

Booking’s FareHarbor Kept the Bootstrapping Myth Going While Discreetly Raising Outside Money

Dennis Schaal, Skift

Honesty is the best policy. Even if it clashes with a nice FareHarbor bootstrapping story that seemed too good to be true.

5 months ago

Wynn Resorts Walks Away From Crown Deal After Talks Became Public

Wynn Resorts Walks Away From Crown Deal After Talks Became Public

John J. Edwards , Bloomberg

It's likely that Wynn's cold feet about the Crown Resorts deal had more complex origins than the mere public disclosure of talks under way. Wynn wants to expand in Asia beyond Macau so it ain't over until the lights go out.

6 months 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.

7 months ago

Airbnb Is Buying HotelTonight: Here’s What That Means

Airbnb Is Buying HotelTonight: Here’s What That Means

Deanna Ting, Skift

Will Airbnb stick to its boutique and independent-only stance on hotels? It could put it at a serious disadvantage when it comes to competitors like Booking or Expedia in the long run. But if Airbnb winds up offering a wider swath of hotels, it could boost its brand even further. Either way, it's guaranteed to be interesting. We'll get the popcorn ready.

7 months ago

Delta Wants an EasyJet Partnership in Bid for Alitalia

Delta Wants an EasyJet Partnership in Bid for Alitalia

John Follain, Bloomberg

The details on Delta's quest for a partnership with rival bidder easyJet for bankrupt Alitalia are so sparse they are difficult to assess. But a decision on the fate of the bankrupt Italian carrier could be coming this week.

7 months ago

Private Equity Takes Over Switchfly in a Bet on Travel Loyalty Tech

Private Equity Takes Over Switchfly in a Bet on Travel Loyalty Tech

Sean O'Neill, Skift

Switchfly, a travel tech firm specializing in loyalty and e-commerce upselling, has been taken over by private equity firms Golub Capital and L Capital.

8 months ago