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Articles tagged “m&a”

Hotels

Wyndham Says Choice’s Latest Offer Is a ‘Step Backwards’

Wyndham is playing very hard to get. And unless lovestruck Choice is equipped to sweeten its offer, it may view this target forever as the one who got away.

Wyndham Says Choice’s Latest Offer Is a ‘Step Backwards’

Online Travel

After Booking Deal Went Bust, Etraveli CEO Says Price ‘No Longer in Play’

Booking.com's appeal of the adverse European Commission decision on its merger with eTraveli Group will take years to play out. If self-styled "bigger fish" eTraveli is still around for the taking, it would cost considerably more.

After Booking Deal Went Bust, Etraveli CEO Says Price ‘No Longer in Play’

Online Travel

Booking Sends European Commission Memo to Fight For eTraveli Deal

This is might be called Booking Holdings statement of objections to the EC’s statement of objections to the eTraveli deal. This dust-up is heading for the courts.

Booking Sends European Commission  Memo to Fight For eTraveli Deal

Online Travel

European Commission Will Block Booking’s Acquisition of eTraveli

If the European Commission's decision isn't overturned, one implication may be that Booking.com would be precluded in practice from making major acquisitions. Period.

European Commission Will Block Booking’s Acquisition of eTraveli

Mergers and Acquisitions

Fintech Firm Buys Uplift for $100 Million

As with lots of cash and stock deals, the ultimate outcome will depend on Upgrade's eventual exit, and how that turns out. On the face of it, though, this deal looks underwhelming for Uplift.

Fintech Firm Buys Uplift for $100 Million

Online Travel

Tripadvisor Tests Instant Book (Again)

The regime under CEO Matt Goldberg is testing a bunch of stuff, including Tripadvisor Instant Book, and a new form of the previous subscription plan, Tripadvisor Plus. The idea is to not throw out the baby with the bath water, and to see what works now.

Tripadvisor Tests Instant Book (Again)

News Blog

Swiss Investor Viadi Group Buys Luxury Villa Operator Edge Retreats

Swiss travel investor Viadi Group has acquired British luxury villa rental marketplace, Edge Retreats.  Based in London, venture-backed Edge Retreats was founded in 2013 and has a portfolio of 6,500 villas across over 50 countries.  Founded in 2022 by travel entrepreneurs Florian Steiger, Auret van Zyl and Oliver Corkhill, Viadi Group acquired majority stake in villa…

Short-Term Rentals

Black Swan Buys and Tries to Revive Short-Term Rental Brand Lyric

The Lyric short-term rental brand is resurfacing as the capital environment sobers up, and the industry learns to be patient about scale and growth.

Black Swan Buys and Tries to Revive Short-Term Rental Brand Lyric

Short-Term Rentals

Frontdesk Buys Rival Property Manager Zencity

Frontdesk's acquisition of Zencity highlights a consolidation trend among property managers, but also the very fragmented nature of the sector.

Frontdesk Buys Rival Property Manager Zencity

Short-Term Rentals

Blueground Buys a Rival Housing Platform to Help Launch a Partner Network

Blueground's second acquisition this year is part of its strategy to build a global accommodation network, listing third-party inventory.

Blueground Buys a Rival Housing Platform to Help Launch a Partner Network