Articles tagged “m&a”

Barceló Looks to Create Spanish Hotel Giant With Bid for Rival NH

Barceló Looks to Create Spanish Hotel Giant With Bid for Rival NH

Patrick Whyte, Skift

Combining NH Hotels with another company makes plenty of sense. It would give it added scale and might also help put an end to its shareholder infighting. Of course this is only the opening move in what is likely to be a time-consuming process and given NH's recent history we're sure that it will be anything but straightforward.

9 hours ago

HNA Group May Want to Sell Its Stake in a Spanish Hotel Company

HNA Group May Want to Sell Its Stake in a Spanish Hotel Company

Prudence Ho and Lianting Tu, Bloomberg

Changes in China look to be curbing the spending power of HNA Group, making it much harder for the conglomerate to take full control of NH Hotels. A sale in this case would make sense with acquisition-hungry AccorHotels touted as a likely suitor.

3 weeks ago

AccorHotels Bids $930 Million for Australia’s Mantra Group

AccorHotels Bids $930 Million for Australia’s Mantra Group

Zoe Ma, Bloomberg

After pursuing companies in a host of different sectors, this deal looks like a relatively straightforward one for AccorHotels. The purchase of Mantra Group gives Accor a much-needed boost in the Asia-Pacific region.

1 month ago

UK Cruise Agency Buys German Rival to Create ‘European Leader’

UK Cruise Agency Buys German Rival to Create ‘European Leader’

Patrick Whyte, Skift

Cruise.co's mix of reviews and vacations has helped fuel its rise. Its private equity owners obviously want it to get even bigger and to do so it needs to buy up the competition.

4 months ago

Expedia Names a New Boss for Mergers and Acquisitions

Expedia Names a New Boss for Mergers and Acquisitions

Gerrit De Vynck, Bloomberg

LendingClub’s Regi Vengalil will take over corporate development. The role is a chance to shine. Expedia's current CFO and Priceline Group's current CEO previously held development roles.

8 months ago

What’s Behind the Rise of Chinese Investors in Western Hospitality Companies?

What’s Behind the Rise of Chinese Investors in Western Hospitality Companies?

Patrick Whyte, Skift

Even with rumours circulating of an overseas spending clampdown, it looks like Chinese investors will continue to play a big role in the shape of the global hospitality industry in 2017.

11 months ago

How The Skyscanner Deal Will Affect Trivago’s Upcoming IPO

How The Skyscanner Deal Will Affect Trivago’s Upcoming IPO

Jared Wein, Skift

Ctrip’s acquisition of Skyscanner marks the next phase of consolidation in the metasearch industry. The premium valuation paid by Ctrip is well-timed for Expedia’s pending Trivago IPO.

12 months ago

An Argument for Priceline Buying Skyscanner Before Its IPO

An Argument for Priceline Buying Skyscanner Before Its IPO

Gillian Tan, Bloomberg

If you believe that Priceline Group can only go through acquisitions, Skyscanner isn't a bad option. But that's not the only way it can grow.

1 year ago

Alaska Air CEO: The Deal for Virgin America is Still on Despite Delay

Alaska Air CEO: The Deal for Virgin America is Still on Despite Delay

Brian Sumers , Skift

There's been some drama related to Alaska's proposed acquisition of Virgin America, but many industry insiders still expect the deal to get done. And Alaska executives remain publicly confident that they will get their prize. The big question is when.

1 year ago

Travel Retailer Dufry in Talks to Buy World Duty Free

Travel Retailer Dufry in Talks to Buy World Duty Free

Manuel Baigorri, Tommaso Ebhardt and Aaron Kirchfeld, Bloomberg

Duty-free retailers are entering their golden age as airports invest more in restaurants, shops and attractions that encourage travelers to arrive earlier and spend more.

3 years ago

South African Booking Site Acquires Social Startup Satisfly

South African Booking Site Acquires Social Startup Satisfly

Samantha Shankman, Skift

With so many startups focusing on specific niches of the travel market, we will continue to see more acquisitions of small companies by small companies as competition consolidates.

3 years ago

Ryanair Makes Unexpected Foray Into M&A with Bid for Cyprus Airways

Ryanair Makes Unexpected Foray Into M&A with Bid for Cyprus Airways

Kari Lundgren, Bloomberg

Ryanair continues to adjust its business model and goals to mature from the cheapest of European airlines to one that flyers appreciate for its fares and service.

3 years ago