Page 37

Articles tagged “mergers and acquisitions”

Hotels

Can India’s Leela Hotel Brand Be the Same Under Asset Manager Brookfield?

The name Leela is held in the same esteem as India's other legacy hotel brands such as Taj and Oberoi. Will it ever be the same again under Canada's Brookfield, an asset manager rather than a brand manager?

Raini Hamdi, Skift | 5 years ago

Airlines

Airlines Tap New Tech to Sell Each Other’s Fares

Investor 777 Partners has bought tech company Air Black Box, while online agency Kiwi has taken a stake in reservation system AeroCRS. These deals hint at a growing interest among airlines to use tech to build marketing alliances that differ from traditional codeshares. The true winner may be smaller airports, which stand to gain traffic.

Sean O'Neill, Skift | 5 years ago

Airlines Tap New Tech to Sell Each Other’s Fares

Hotels

Airbnb Is Paying $400 Million For HotelTonight, Half in Pre-IPO Stock

On the surface, HotelTonight got a lowish deal from Airbnb. But with roughly half in stock, the price tag could look very upbeat if Airbnb's stock soars in an initial public offering.

Dennis Schaal, Skift | 5 years ago

Airbnb Is Paying $400 Million For HotelTonight, Half in Pre-IPO Stock

Hotels

Airbnb Is Buying HotelTonight: Here’s What That Means

Will Airbnb stick to its boutique and independent-only stance on hotels? It could put it at a serious disadvantage when it comes to competitors like Booking or Expedia in the long run. But if Airbnb winds up offering a wider swath of hotels, it could boost its brand even further. Either way, it's guaranteed to be interesting. We'll get the popcorn ready.

Deanna Ting, Skift | 5 years ago

Airbnb Is Buying HotelTonight: Here’s What That Means

Online Travel

Expedia Had a Less-Is-More Approach to Mergers in 2018

Expedia is an opportunistic company, and mergers and acquisitions are part of its DNA. The company has been quiet on this front for the past three years. It is sort of due to make another big splash.

Dennis Schaal, Skift | 5 years ago

Expedia Had a Less-Is-More Approach to Mergers in 2018

Hotels

Alibaba-Backed Shiji Acquires IcePortal in a Bid to Manage Digital Hotel Content

Shiji, the tech conglomerate with an investment from Alibaba, continues to snap up companies in a bid for hotel tech supremacy. It has nabbed IcePortal in the wake of that company's arch-rival Leonardo being snatched up last November by tech conglomerate Jonas.

Sean O'Neill, Skift | 5 years ago

Alibaba-Backed Shiji Acquires IcePortal in a Bid to Manage Digital Hotel Content

Hotels

InterContinental Hotels Makes Asia Luxury Push With Six Senses Acquisition

InterContinental Hotel Group’s purchase of Six Senses Hotels Resorts Spas is consistent with its drive to boost its luxury portfolio with small yet well-defined brands that do not cannibalize one another. So smart.

Raini Hamdi, Skift | 5 years ago

InterContinental Hotels Makes Asia Luxury Push With Six Senses Acquisition

Business Travel

Former Silversea Owner Takes Control of Abercrombie & Kent

Mixing business with friendship can be a risky thing but it sounds like the prospective new owners of Abercrombie & Kent share the same views on luxury travel.

Patrick Whyte, Skift | 5 years ago

Former Silversea Owner Takes Control of Abercrombie & Kent

Online Travel

Travel Tripper Merges With Pegasus in Hotel Tech Rollup

Travel Tripper is taking on a distressed asset, Pegasus. Meh. But what's interesting is that Accel-KKR is backing the deal. The support by the private equity firm is yet another sign of more rollups of hotel tech companies to come against a backdrop of hotel software investments by Amadeus, Sabre, and Shiji.

Sean O'Neill, Skift | 5 years ago

Travel Tripper Merges With Pegasus in Hotel Tech Rollup

Airlines

Philippines Could See Japanese Tourism Boost From This All Nippon Airways Deal

A much improved PAL catches the eye of ANA, which aims to expand in Asia. The Philippine industry hopes it will greatly improve the slower growth in arrivals being seen from Japan.

Maria Stella F.Arnaldo, Skift | 5 years ago