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Articles tagged “m&a”

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

Online Travel

HotelTonight Founder Sam Shank Leaves Airbnb After an Extended Stay

HotelTonight is the fastest, and probably the most exquisite and feisty hotel booking app around. Regardless of its future with Airbnb, it created dozens of imitators, and set the standard.

HotelTonight Founder Sam Shank Leaves Airbnb After an Extended Stay

Online Travel

Booking’s ‘Critical’ Etraveli Group Acquisition Runs Into Regulatory Snag

Booking Holdings' hoped-for acquisition of Etraveli Group is not a make or break deal for Booking, but its failure to close would be a setback for its connected trip strategy.

Short-Term Rentals

Vacasa CEO Prioritizes Improved Tech for Sales Team Over New Acquisitions

In contrast to some other newbie CEOs, Rob Greyber articulated a clear vision about a new strategy during his first earnings call at the helm of Vacasa. If his focus on execution becomes reality, then the company could get turned around in earnest.

Vacasa CEO Prioritizes Improved Tech for Sales Team Over New Acquisitions

Online Travel

Expedia CEO Sees Plenty of Room Left for Growth in Online Travel

Expedia Group CEO Peter Kern is correct that there is a whole big world out there with lots of opportunities for online travel companies to grow. Don't count out Expedia prematurely.

Expedia CEO Sees Plenty of Room Left for Growth in Online Travel

Hotels

What Marriott’s CEO Says About the Prospect of Another Mega-Merger

Anthony Capuano, CEO of Marriott International, will not be surprised if a big merger or acquisition shakes up the hotel industry, but it most likely won't involve his brand.

What Marriott’s CEO Says About the Prospect of Another Mega-Merger

Travel Technology

What If Sabre Put Its Hotel Software Unit in Play

An asset sale is unlikely. It would involve Sabre unnecessarily throwing in the towel on its diversification strategy. Yet stranger things have happened, and Oracle Hospitality could fill gaps in its offerings by acquiring the tech.

What If Sabre Put Its Hotel Software Unit in Play

News Blog

Saudi Fund in Talks to Buy Seabourn Ultra-Luxury Cruise Line: Report

That's according to a report in CNBC: in a very interesting move symptomatic of Saudi's super-sized ambitions in the travel sector, Carnival cruises is in early talks to sell its Seabourn ultra-luxury cruise brand to the Saudi sovereign wealth fund. Unclear so far if this is full sale of cruise line, or part-investment into Carnival.…

Short-Term Rentals

Daily Podcast: Marriott’s Luxury Rental Play

Good morning from Skift. It's Thursday, May 26, in New York City. Here's what you need to know about the business of travel today.

Daily Podcast: Marriott’s Luxury Rental Play

Online Travel

Despegar Finds Acquisition Bargains in Latin America’s Hard-Hit Economies

At the beginning of the pandemic, it was clear there would be plenty of mergers and acquisition targets. Despegar found at least a couple in Viajanet and Stays.

Despegar Finds Acquisition Bargains in Latin America’s Hard-Hit Economies