Articles tagged “mergers and acquisitions”

Vacation Rental Network RedAwning Buys Leavetown to Enroll Multi-Unit Properties

Vacation Rental Network RedAwning Buys Leavetown to Enroll Multi-Unit Properties

Sean O'Neill, Skift

RedAwning's acquisition of Leavetown suggests that marketing and distribution technology built separately for rentals and hotels may one day blend into all-purpose software for all types of lodging.

3 weeks ago

Booking Holdings Bought HotelsCombined for Only $140 Million

Booking Holdings Bought HotelsCombined for Only $140 Million

Dennis Schaal, Skift

Don't you just love those proverbial tuck-in acquisitions? Booking Holdings didn't break the bank for either HotelsCombined ($140 million) or FareHarbor ($250 million). Sometimes making smaller bets is a much smarter strategy than gargantuan deals, but only time will tell.

1 month ago

Amadeus Buys Hotel Tech Firm TravelClick for $1.5 Billion

Amadeus Buys Hotel Tech Firm TravelClick for $1.5 Billion

Sean O'Neill, Skift

With this deal, Amadeus Hospitality finally has a chance to start selling its enterprise software after years of perfecting its platform-based offering.

1 month ago

RateGain Buys DHISCO to Expand Its Hospitality Distribution

RateGain Buys DHISCO to Expand Its Hospitality Distribution

Sean O'Neill, Skift

DHISCO is not a barn burner of a hot internet company. But its acquirer RateGain has the hallmarks of becoming one in travel tech. DHISCO CEO Toni Portmann deserves praise for rescuing a company born from a troubled private equity carveout.

2 months ago

Amadeus Signals Interest in Acquiring TravelClick

Amadeus Signals Interest in Acquiring TravelClick

Kiel Porter, Manuel Baigorri, and Dinesh Nair, Bloomberg

TravelClick offers respected business intelligence tools for major hotel chains. That's a solution that Amadeus lacks in its new hospitality software platform. But what price might Amadeus pay for TravelClick that its owners would accept? A price above $1 billion would be another sign of a market bubble.

2 months ago

AccorHotels Buys Majority Stake in Boutique Lifestyle Chain 21c Museum Hotels

AccorHotels Buys Majority Stake in Boutique Lifestyle Chain 21c Museum Hotels

Deanna Ting, Skift

Again, we ask ourselves, what is out there that AccorHotels will not buy?

2 months ago

AccorHotels Takes $288 Million Hit on Onefinestay and John Paul Investments

AccorHotels Takes $288 Million Hit on Onefinestay and John Paul Investments

Patrick Whyte, Skift

Uh oh! Is this the start of Accor's ambitious acquisition strategy unraveling or simply a bump in the road?

2 months ago

Emirates and Etihad In Deal Talks With South African Airways

Emirates and Etihad In Deal Talks With South African Airways

Felix Njini, Bloomberg

South African Airways desperately needs an equity partner. Of the two UAE airlines, Emirates would appear to have an edge.

2 months ago

Oral History: Booking.com Catapulted Priceline From an Also-Ran to First

Oral History: Booking.com Catapulted Priceline From an Also-Ran to First

Dennis Schaal, Skift

The acquisitions of Active Hotels and Bookings B.V., which led to the creation of Booking.com, transformed parent company Priceline.com, and online travel history. Take a look at Priceline's fourth quarter of 2005 financial results, and you'll be able to see the journey in process.

2 months ago

6 Takeaways From The Oral History of Travel’s Greatest Acquisition Booking.com

6 Takeaways From The Oral History of Travel’s Greatest Acquisition Booking.com

Dennis Schaal, Skift

The stars were seemingly aligned when Booking.com made its move. The big U.S. players were too comfortable with their huge margins from the merchant model; Booking.com focused on independent hotels; and search engine marketing was on the rise. Still, it was the entrepreneurs and dealmakers who made it all happen.

2 months ago

Analysts Are Puzzled Why Booking Holdings Acquired HotelsCombined

Analysts Are Puzzled Why Booking Holdings Acquired HotelsCombined

Sean O'Neill, Skift

The deal surprised analysts, some of whom didn't see an obvious logic for it. Yet one thing is sure: Online hotel sales are a bit like an old-fashioned butter market. A big chunk of butter changes hands multiple times and everyone gets their hands greasy.

2 months ago

Booking Holdings Buys HotelsCombined as Kayak Expands Into Asia Pacific

Booking Holdings Buys HotelsCombined as Kayak Expands Into Asia Pacific

Dennis Schaal, Skift

Booking.com is Booking Holdings' favored child, but with the addition of HotelsCombined, it is apparent that the parent company still sees plenty of opportunity for its Kayak unit in metasearch worldwide. This deal will help Kayak expand in Asia Pacific, and will give HotelsCombined additional resources as well.

2 months ago