Articles tagged “m&a”

Trip.com Group’s Acquisition of Travix Hints at Appeal of Smaller Travel Agencies

Trip.com Group’s Acquisition of Travix Hints at Appeal of Smaller Travel Agencies

Sean O'Neill, Skift

Smaller online travel agencies try to make money by grabbing nickels and eurocent coins ahead of the steamrollers of global advertising behemoths. The underreported story of why China's largest travel company acquired a tiny Dutch travel group highlights the phenomenon.

2 months ago

Tripadvisor Is Trying to Sell Its Vacation Rental Businesses

Tripadvisor Is Trying to Sell Its Vacation Rental Businesses

Dennis Schaal , Skift

Some might consider it ironic that there's been a lot of talk about the possibility of Expedia Group shedding assets, but Tripadvisor is the one actively trying to sell its vacation rental businesses. There has been speculation for some time that Tripadvisor would make such a move — and now it's actually happening.

4 months ago

Hipmunk Co-Founders Spurned by SAP Concur in Attempt to Buy Back the Company

Hipmunk Co-Founders Spurned by SAP Concur in Attempt to Buy Back the Company

Dennis Schaal, Skift

It isn't very unusual for a company like Hipmunk to get acquired and then to fade into oblivion in the clutches of a much larger corporation. That's the way it goes in the heartless mergers-and-acquisitions game.

6 months ago

TripAdvisor and Ctrip Enter Into Chinese Joint Venture and Global Licensing Agreement

TripAdvisor and Ctrip Enter Into Chinese Joint Venture and Global Licensing Agreement

Dennis Schaal, Skift

The TripAdvisor-Trip.com Group deal is both a shocker and a non-shocker. When Ctrip decided to change the parent company name to Trip.com Group, you could see a certain affinity with the TripAdvisor brand. On the other hand, Booking Holdings has been Ctrip's longtime best friend in China.

8 months ago

Omio Buys Rival Rome2Rio in Mashup of Door-to-Door Booking Sites

Omio Buys Rival Rome2Rio in Mashup of Door-to-Door Booking Sites

Dennis Schaal, Skift

If search for travel looking for door-to door trip options was a massive potential market, then Expedia, Booking Holdings, Ctrip, or Google would have already snapped up these companies, which have been laboring around that premise for years. This stuff is hard to execute, as the relatively modest exit seems to show.

9 months ago

Oyo Turns to Danamica for Artificial Intelligence Firepower for Vacation Rentals

Oyo Turns to Danamica for Artificial Intelligence Firepower for Vacation Rentals

Danni Santana, Skift

Oyo is more than just a budget hotel operator these days. Investments into its vacation home rental business are proof of that.

10 months ago

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.

10 months 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.

11 months 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.

11 months 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.

1 year 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.

1 year 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.

1 year ago