Articles tagged “m&a”

Hotels

Airbnb Is Buying HotelTonight: Here's What That Means

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.
Meetings

Airbnb Buys Gaest to Push Further Into Meetings

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.
Airlines

Alaska Airlines Works Fast to Erase Memories of Virgin America

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.
Hotels

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

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.
Hotels

Airbnb's Grand Travel Ambitions Could Be Taking a Detour

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.
Food and Drink

Waitr Acquires Bite Squad for $321 Million

The acquisition will double the size of Waitr's business overnight. In the company's quest to become the top delivery service in the country, this deal certainly helps its case.