Articles tagged “mergers and acquisitions”

eDreams Claims Being Transparent Is Actually Good Business

eDreams Claims Being Transparent Is Actually Good Business

Patrick Whyte, Skift

Who’d have thought not annoying your customers was good for business? On the other hand, the supposed turnaround just happens to fit in nicely with a potential sales process.

2 weeks ago

Red Lion Parent Is Going Asset Light to Buy Up More Hotel Companies You Haven’t Heard Of

Red Lion Parent Is Going Asset Light to Buy Up More Hotel Companies You Haven’t Heard Of

Deanna Ting, Skift

Last year, Red Lion's parent bought Vantage Hospitality. So, who's next?

2 months ago

Trivago Makes a Tech Acquisition That Bolsters an Industry Trend

Trivago Makes a Tech Acquisition That Bolsters an Industry Trend

Sean O'Neill, Skift

While this deal is small, it signals that the Expedia-backed hotel-search company wants to better identify the desires of its customers and become more sophisticated at proposing tailor-made offers that are relevant.

2 months ago

Expedia CEO Doesn’t Need Any Mergers But He’s Monitoring All Possibilities

Expedia CEO Doesn’t Need Any Mergers But He’s Monitoring All Possibilities

Andrew Sheivachman, Skift

Expedia Inc. might be quiet on the acquisition front as its new leadership settles in. But history shows the online travel giant will look to be opportunistic as its competition with the Priceline Group evolves.

3 months ago

Hotel-Tech Startup Alice Acquires Smaller Rival GoConcierge

Hotel-Tech Startup Alice Acquires Smaller Rival GoConcierge

Sean O'Neill, Skift

Expedia has famously grown by acquisition. Will Expedia-controlled Alice also try to do the same for its hospitality operations software business? If any concierges know, contact us. We'll tip well for answers.

3 months ago

Expedia Spent $148 Million to Buy SilverRail for Its Train Booking Tech

Expedia Spent $148 Million to Buy SilverRail for Its Train Booking Tech

Sean O'Neill, Skift

Expedia's purchase price for a majority stake in SilverRail was double the sum that SilverRail had raised from investors. The price tag was a multiple of the investment but not a stellar exit for shareholders.

4 months ago

8 Insights Into Uber CEO Pick Dara Khosrowshahi From Peers and Rivals

8 Insights Into Uber CEO Pick Dara Khosrowshahi From Peers and Rivals

Dennis Schaal, Skift

With a two-decade track record in online travel, Khosrowshahi has had his duck-and-cover as well as been-on-a-mountaintop moments. If Uber's looking for a steady hand, and a guy with experience who isn't afraid to take a U-turn when called for, then they could have done a helluva lot worse.

4 months ago

Altour Joins Travel Leaders Group in Latest Travel Agency Consolidation Move

Altour Joins Travel Leaders Group in Latest Travel Agency Consolidation Move

Andrew Sheivachman, Skift

The big are getting even bigger. The combined entity of Travel Leaders Group and Altour will be a strong competitor in the U.S. and abroad.

5 months ago

Hainan Air Adding Holding Co. To Its Name Signals Acquisition Strategy in Play

Hainan Air Adding Holding Co. To Its Name Signals Acquisition Strategy in Play

Bloomberg

Hainan Air Holdings Co. doesn't appear to be swayed at this point by Chinese regulators getting increasingly dismayed by domestic companies making huge foreign investments but that is something definitely to watch out for.

6 months ago

A Corporate Expense Giant in the Making — Skift Corporate Travel Innovation Report

A Corporate Expense Giant in the Making — Skift Corporate Travel Innovation Report

Andrew Sheivachman, Skift

Smaller players in the expense management marketplace are gearing up to take on Concur despite Concur's commanding lead in the sector.

6 months ago

CarTrawler Finds Itself for Sale Again

CarTrawler Finds Itself for Sale Again

Patrick Whyte, Skift

Business-to-business travel companies might not be as attractive as their business-to-consumer siblings but they can still command a hefty price tag. CarTrawler is one of Ireland's best-known travel tech companies, and a new owner would likely look to push the company into new areas.

7 months ago

Best Western Buys Sweden Hotels in Latest Consolidation Move

Best Western Buys Sweden Hotels in Latest Consolidation Move

Deanna Ting, Skift

As we’ve seen with other recent hospitality mergers and acquisitions, being bigger can often be better. Expanding in Sweden doesn’t seem like a bad idea for Best Western.

7 months ago