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Articles tagged “m&a”

Online Travel

Booking’s Stalled $1.8 Billion Etraveli Acquisition to Spur EU Objections: Report

The EU's objections to Booking's proposed acquisition of flight-tech firm Etraveli Group does not mean the deal is dead. The EU may demand concessions to reshape the pact, which is an important piece of CEO Glenn Fogel's "connected trip" strategy.

Booking’s Stalled $1.8 Billion Etraveli Acquisition to Spur EU Objections: Report

Airlines

EU Objects to Korean Air’s Bid to Buy Rival Asiana

Few would ever think mergers and acquisitions are easy. Korean Air's attempt to take over Asiana dates to 2020, and it will take a lot of negotiating with the EU to get the deal through.

EU Objects to Korean Air’s Bid to Buy Rival Asiana

Short-Term Rentals

Guesty Buys Vacation Rental Tech Company StaySense

This marks Guesty's sixth acquisition as it widens distribution channels for property owners.

Guesty Buys Vacation Rental Tech Company StaySense

Short-Term Rentals

Finnish Short-Term Rental Brand Bob W Buys German Competitor

Bob W's expansion comes at a time when the short-term rental market in Europe is seeing high demand. But it's no easy task to become a profitable pan-European operator with all the regulatory challenges in a fragmented market.

Finnish Short-Term Rental Brand Bob W Buys German Competitor

Business Travel

InteleTravel Eyes Blended Travel Sales With Hickory Acquisition

Blended travel has caught the eye of these two established companies. The resulting formation could well serve this new market.

InteleTravel Eyes Blended Travel Sales With Hickory Acquisition

Short-Term Rentals

Airbnb Denies Buying Scottish Firm Letting Cloud

Several news outlets reported erroneously that Airbnb acquired Scottish property portal Letting Cloud. But Airbnb has denied all reports, stating it has not and does not intend to acquire this company.

Airbnb Denies Buying Scottish Firm Letting Cloud

Online Travel

Despegar Widens Reach But Still Reported a Fourth Quarter Loss

Don't be surprised if Despegar makes and acquisition or two in 2023. That's baked into its plans.

Despegar Widens Reach But Still Reported a Fourth Quarter Loss

Online Travel

Booking and Airbnb Have a $22 Billion Wad of Cash — How Will They Spend It?

The sure bet is that the major online travel agencies will use some cash to buy back shares in 2023 unless the economy tanks. Less sexy than acquisitions, but good for shareholders. Still, that leaves plenty of money for some possible headline-making deals.

Booking and Airbnb Have a $22 Billion Wad of Cash — How Will They Spend It?

Mergers and Acquisitions

Good and Bad M&A, According to Booking’s CEO

Today’s edition of Skift’s daily podcast looks at Booking CEO’s M&A philosophy, Zoom burnout, and a hotel brand bonanza.

Good and Bad M&A, According to Booking’s CEO

Hotels

Highgate Signs Deal to Buy Viceroy Hotels

Viceroy may be able to accelerate its growth and brand awareness given Highgate's scale and track record. Of course, that is if Highgate can execute well after the deal closes.

Highgate Signs Deal to Buy Viceroy Hotels