Booking’s FareHarbor Kept the Bootstrapping Myth Going While Discreetly Raising Outside Money
Honesty is the best policy. Even if it clashes with a nice FareHarbor bootstrapping story that seemed too good to be true.
Articles tagged “m&a”
McDonald’s $300 Million Bet on Personalized Menus Makes Sense: Here’s Why
McDonald's was a turnaround story a few years ago. Now, it's solidly in growth mode, fueled by strategic investments and initiatives that bring technology to the forefront of its business.
Airbnb Is Paying $400 Million For HotelTonight, Half in Pre-IPO Stock
On the surface, HotelTonight got a lowish deal from Airbnb. But with roughly half in stock, the price tag could look very upbeat if Airbnb's stock soars in an initial public offering.
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.
Private Equity Takes Over Switchfly in a Bet on Travel Loyalty Tech
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.
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.
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.
British Airways Rules Out Further Norwegian Offer
Is this the end of the story? We're willing to bet that this one still has more twists and turns to come.
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.
Dine Brands Global’s Chains, Explained
Consider this a cheat sheet for all things happening at Dine Brands.