mergers and acquisitions Archives

Airlines

Avianca and Viva Launch Appeal Against Colombia’s Merger Denial

The airlines will be hoping that reducing operations in Bogota and working with state-owned Satena to boost links to Colombia’s most remote regions will appease the country's civil aviation regulator.

Luis Jaime Acosta, Reuters | 2 days ago

Travel Technology

Economic Uncertainties Won’t Drive More Travel Tech Mergers & Acquisitions

For the best exit strategy, hold on for a couple of years until the market stabilizes. For the deal, buy now.

Justin Dawes | 3 days ago

Airlines

Full Video: Air Lease Executive Chairman Udvar-Házy at Skift Aviation Forum 2022

While Air Lease's Steven Udvar-Házy believes Europe is likely to see more airline consolidation, he's uncertain that will be the case in Latin America. Watch him also discuss challenges facing companies involved in both the aircraft and electric air taxi markets.

Rashaad Jorden | 4 days ago

Hotels

IHG Adds Iberostar Brand in Licensing Deal That Expands Its Beach Presence

Meet the 18th IHG brand. And given how major hotel companies are suddenly keen on all-inclusives, expect a buzz around other potential targets, such as Playa and Sandals.

Sean O'Neill | 5 days ago

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.

Dennis Schaal | 1 week ago

Business Travel

Corp Travel Group GlobalStar Fills Critical Gaps In Europe

The London-based consortium is in recruiting mode as rival travel agencies continue to buy up their own local experts.

Matthew Parsons | 1 week ago

News Blog

Hotel Tech Company Sceptre Hospitality Resources Acquires Booking Engine

A U.S. hotel tech company with equity backing has acquired a booking engine based in Ireland. Houston-based Sceptre Hospitality Resources said Thursday that it has acquired Avvio. The private equity firm Serent Capital made an undisclosed “significant investment” in Sceptre Hospitality Resources in 2020. The Avvio acquisition was funded through that investment, Sceptre said. Sceptre…

Justin Dawes | 1 week ago

News Blog

Short-Term Rental Firm RedAwning Bought Channel Manager Lexicon Travel Technologies

California-based RedAwning announced it acquired channel manager Lexicon Travel Technologies. Terms of the deal were not disclosed. A vacation rental in the RedAwning portfolio. Source: RedAwning Channel managers have tech systems to assist accommodations in distributing their properties to websites such as Airbnb, Vrbo and Booking, and sometimes to global distribution systems, among other outlets.…

Dennis Schaal | 1 week ago

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.

Dennis Schaal | 2 weeks ago

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.