Articles tagged “m&a”

Food and Drink

Hotel Giant Accor Buys Reservations Platform ResDiary

Accor's acquisition strategy might seem scattershot to some but buying up technology providers in key sectors does make sense. There's always an element of risk but you'd hope Accor knows how to get the best out of management teams.
Hotels

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

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.
Food and Drink

Social Dining Service VizEat Scoops Up Rival EatWith

VizEat's business has gotten stronger with this acquisition. But it still faces an uphill slog to expand its total addressable market beyond travelers to include locals looking for activities, especially in Asia.