Articles tagged “mergers and 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

Startups

Airline Software Startup Flyr Buys Pace Revenue to Expand Into Serving Hotels

It's unexpected that Flyr would go after the hospitality business, given that it still has a lot of airlines yet to win over to its revenue management services. But this acquisition is a sign of how all verticals in travel will be impacted by techniques for running operations based on data science.

Airline Software Startup Flyr Buys Pace Revenue to Expand Into Serving Hotels

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

Flyr Labs Buys Pribas to Enhance Airline Retailing and Fare-Selling

Flyr Labs, an LA-based company that sells software to airlines to help them with setting fares and related services, has bought Pribas, a German company that helps airlines with related functionality. The companies didn't disclose the deal terms. Airlines such as Condor and SunExpress use Pribas’ retailing and integration platform to "create new fare choices at…

Short-Term Rentals

JetBlue Technology Ventures Joins Property Manager Frontdesk’s $13 Million Financing Round

JetBlue's corporate venture capital wing has already picked some winners in the short-term rental sector. That's some progressive thinking for an airline, and Frontdesk wouldn't mind bolstering that record.

JetBlue Technology Ventures Joins Property Manager Frontdesk’s $13 Million Financing Round

News Blog

JetBlue and Spirit Airlines Set October Date for Merger Vote

JetBlue Airways may have won over the board and management of Spirit Airlines in its bidding war with competitor Frontier Airlines for the discounter. But JetBlue still needs to sway shareholders before the deal can move forward. Spirit has scheduled an October 19 shareholder meeting for a vote on JetBlue's $3.8 billion takeover offer. Investors…

News Blog

Kenya’s HotelOnline, Backed by Yanolja, Buys Hotel Software Brand HotelPlus

HotelOnline, which is based in Kenya and has more than 6,000 hotel clients for its software, has acquired HotelPlus, a provider of hotel software to 2,200 clients in East Africa, the companies said on Monday. The companies didn't disclose the terms of the deal, other than to say that the transaction was mainly done in…

Tour Operators

Intrepid Travel Makes Bigger Bet on Australian Tourism by Buying JOOB

Intrepid Travel expanding the scope of its Australia trips is a way-overdue step for a company that has failed to fully take advantage of one its most lucrative markets.

Intrepid Travel Makes Bigger Bet on Australian Tourism by Buying JOOB

News Blog

TripAdd Acquires Chatbot Startup Eddy Travels to Boost User Recommendations

Eddy Travels, a digital travel assistant service founded by entrepreneur Edmundas Balcikonis, is being acquired by TripAdd, a New York-based travel product provider, a subsidiary of the Blue Ribbon Bags group, the world’s leading service for lost luggage tracking. TripAdd hopes to bolster revenues through personalized bundle recommendations for users. Financial details of the deal,…

News Blog

Travel Site Map Happy Becomes a Penske Media Brand

Map Happy, a news-you-can-use, consumer travel site run by co-founder and CEO Erica Ho, has joined Penske Media as part of its SHE Media network of voicey content brands, such as SheKnows, BlogHer, STYLECASTER, and Soaps. The companies didn't disclose the terms of the deal but Ho said it would "bring more firepower." Map Happy…