Articles tagged “m&a”

Hotels

Full Video: MCR CEO Tyler Morse at Skift Global Forum 2021

Hotels adopting the airline industry's à la carte pricing model is a hot-button issue, but MCR Hotels CEO Tyler Morse is onto something by adopting it at venues like the TWA Hotel. The model can be the financial life raft hotel owners need after more than a year of decimated business.

Full Video: MCR CEO Tyler Morse at Skift Global Forum 2021

Hotels

How 2021 Hotel M&A Is Shaping Up After the Hyatt-Apple Leisure Deal

The value of announced acquisitions this year is already three times that for the deals in all of 2020. We pulled together the top hotel acquisitions for 2021 for you by dollar amount, some deals strategic, some less so. The pace is brisk but the impact from the Delta variant could very well reverse the momentum heading into fall.

How 2021 Hotel M&A Is Shaping Up After the Hyatt-Apple Leisure Deal

Mergers and Acquisitions

6 Expedia and Booking Online Travel Takeaways From Latest Financial Reports

While much of the talk these days is about digital nomads and remote workers, both Expedia Group and Booking Holdings have doubled down on commitments to brick and mortar headquarters. Which could mean that there may be real offices again after the pandemic.

6 Expedia and Booking Online Travel Takeaways From Latest Financial Reports

Mergers and Acquisitions

Expedia Awaits Comeback of International Travel to Solidify Market Share Gains

After shutting down or selling eight businesses — some of which were relatively inconsequential — since the beginning of 2020, Expedia Group doesn't expect any more such asset dispositions as part of its drive to make the company simpler and more focused. But selling brands may turn out to be the easiest part of the exercise.

Expedia Awaits Comeback of International Travel to Solidify Market Share Gains

Mergers and Acquisitions

Siemens to Buy Rail Software Company Sqills for $650 Million

Sqills has won more contracts from railway operators to upgrade their inventory, booking, and ticketing software than any other tech vendor in recent years. So this acquisition makes sense.

Siemens to Buy Rail Software Company Sqills for $650 Million

Mergers and Acquisitions

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

In an intensifying superapp rivalry in Southeast Asia, Gojek handed its Thailand business to AirAsia Digital in the face of competition from Grab. While these leading superapps battle, AirAsia Digital is being taken more seriously. After all, it has airplanes and a profitable logistics business to add to the mix.

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

Mergers and Acquisitions

Booking Holdings CEO: We Can Replicate European Short-Term Rental Success in U.S.

Booking.com faces tough-going in U.S. short-term rentals. Its business model has hosts perceiving they pay lower commissions to Airbnb, and the latter is has a big brand advantage. At the same time, Booking.com needs to defend Airbnb incursions on its own European turf.

Booking Holdings CEO: We Can Replicate European Short-Term Rental Success in U.S.

Mergers and Acquisitions

The Biggest Challenge to Online Travel’s Recovery in 2021

The bean counters, meaning the financial experts, at all of the major online travel companies have their work cut out for them as they monitor and try to predict the shape and timing of any potential travel recovery. These companies need to be nimble, and hoard their cash.

The Biggest Challenge to Online Travel’s Recovery in 2021

Mergers and Acquisitions

HotelTonight Investors See Huge Gains on Airbnb IPO

You can't make this stuff up. Airbnb's payout to HotelTonight of 3.2 million shares didn't appear very attractive when Airbnb's business almost collapsed in the spring. On paper, though, it's all looking very good right now.

HotelTonight Investors See Huge Gains on Airbnb IPO

Mergers and Acquisitions

Barry Diller Shares Pandemic Highs and Lows, Snapping Up MGM Resorts Stake While Rescuing Expedia With Debt

Both of Barry Diller's companies, IAC and Expedia, are now invested in a travel recovery, which he thinks will arrive in only a matter of time. Count Diller on the side of those who believe the new normal will resemble its former self more than many people imagine.

Barry Diller Shares Pandemic Highs and Lows, Snapping Up MGM Resorts Stake While Rescuing Expedia With Debt