Articles tagged “m&a”

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.

2 weeks 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.

4 weeks ago

Airbnb Buys Gaest to Push Further Into Meetings

Airbnb Buys Gaest to Push Further Into Meetings

Sean O'Neill, Skift

Airbnb's move to offer more meetings spaces represents an example of one of Skift's 2019 Megatrends, as many giant online booking companies are looking for their next phases of growth by expanding into new areas.

4 weeks ago

Alaska Airlines Works Fast to Erase Memories of Virgin America

Alaska Airlines Works Fast to Erase Memories of Virgin America

Brian Sumers, Skift

It can take some airlines as long as a decade after a merger before they truly operate as one entity. But Alaska Airlines is working much faster to gobble up Virgin America. Part of that is because both carriers were relatively small. But by any standard, Alaska is moving quickly.

4 weeks ago

British Airways Rules Out Further Norwegian Offer

British Airways Rules Out Further Norwegian Offer

Patrick Whyte, Skift

Is this the end of the story? We're willing to bet that this one still has more twists and turns to come.

4 weeks ago

Airbnb Talked to HotelTonight About an Acquisition But Would It Make Sense?

Airbnb Talked to HotelTonight About an Acquisition But Would It Make Sense?

Dennis Schaal, Skift

Is Airbnb flailing at a way to build an expansion narrative ahead of an initial public offering? Buying HotelTonight would save some time and effort in making inroads with boutique hotels, but does Airbnb really need HotelTonight to do that? In travel, everyone is always talking to everyone so we're unsure how serious these informal talks ever were.

1 month ago

Delta and Alitalia Execs to Meet in Atlanta About Merger

Delta and Alitalia Execs to Meet in Atlanta About Merger

Maria Ermakova, Bloomberg

Italian authorities are trying to figure out how to carve up Alitalia, and Delta is emerging as a leading candidate.

2 months ago

Airbnb’s Grand Travel Ambitions Could Be Taking a Detour

Airbnb’s Grand Travel Ambitions Could Be Taking a Detour

Dennis Schaal, Skift

Airbnb could be in the initial stages of getting into property management. While such an initiative has its risks in terms of criticism from current property management partners, it seems like a much smarter strategy than expanding into very complex and difficult areas such as flights.

2 months ago

Michelin Guide Owner Buys Tablet Hotels to Build a Travel Business

Michelin Guide Owner Buys Tablet Hotels to Build a Travel Business

Dennis Schaal, Skift

Tablet Hotels found itself a world-class strategic buyer to propel its growth. Tablet as part of Michelin will face huge marketing hurdles, and the challenge of trying to reshape Michelin's legacy guide offerings.

3 months ago

Expedia CEO Insists That Online Travel Agencies Aren’t Over

Expedia CEO Insists That Online Travel Agencies Aren’t Over

Dennis Schaal, Skift

The biggest knock on the online travel agencies these days is that the competition is intense and that their golden years are done. Expedia's Mark Okerstrom counters that his company has a single-digit share of a $1.6 trillion market, and he's going wide and deep to pick up more. The jury is still out.

4 months ago

Expedia CEO: Mergers and Acquisitions Are Always on the Table

Expedia CEO: Mergers and Acquisitions Are Always on the Table

Dennis Schaal, Skift

An Expedia acquisition of Thomas Cook? While problematic on many fronts, including buying all of those offline agents, it isn't out of the question. Consider that Expedia would gain access to a customer base in Europe that it hardly touches. Expedia's Barry Diller has made a ton of acquisitions. He and Okerstrom are hardly done yet.

4 months ago

Vacation Rental Network RedAwning Buys Leavetown to Enroll Multi-Unit Properties

Vacation Rental Network RedAwning Buys Leavetown to Enroll Multi-Unit Properties

Sean O'Neill, Skift

RedAwning's acquisition of Leavetown suggests that marketing and distribution technology built separately for rentals and hotels may one day blend into all-purpose software for all types of lodging.

6 months ago