Articles tagged “mergers and acquisitions”

Sortis executives have given more details on their plans for Ace Hotels, the hip U.S.-based lifestyle brand that the company will acquire for $85 million in cash.

The Lufthansa Group has made an offer to buy a 40 percent stake in Italy's state-owned ITA Airways, it said Wednesday. The bid comes after a multi-year process, or "beauty…

Ace only has about a dozen properties, but it has punched above its weight in brand impact. Here's our analysis of whether Sortis is a good home and if $85 million is a good price.

Today’s edition of Skift’s daily podcast looks at Booking CEO’s M&A philosophy, Zoom burnout, and a hotel brand bonanza.

Mergers and acquisitions are sexy for shareholders, analysts and the press. Booking CEO Fogel knows, though, that sometimes the best decision is not overpaying and walking away from that shiny object.

You win some, you lose some. As quickly as SPACs soared on the hype, they lost much of their luster just as quickly on Wall Street. Travel SPACs were definitely no exception. Take a look at the numbers.

Cendyn, a software company that offers customer relationship management, digital marketing, and operations tools to hotels, has hired a new chief executive. 

With three of its four recent acquisitions based in the U.S., RateGain is making gains to acquire scale and dominance in that critical market.

In an era today when investors place a high value on profitability, our oral history of short-term rentals includes regrets from those who were too risk-averse to grab an opportunity.

We know the travel industry will surprise us in 2023. That's one thing that's certain. These envelope-pushing prognostications are just our way of getting ready for the unexpected. We had fun coming up with these, and hope you read them in that same spirit.