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Articles tagged “mergers and acquisitions”

Tour Operators

Fosun in Talks to Sell Thomas Cook to Polish Online Travel Agency

Don't get too excited. Today's Thomas Cook, operated by Fosun, is a shell of its former self.

Reuters | 3 months ago

Fosun in Talks to Sell Thomas Cook to Polish Online Travel Agency

Short-Term Rentals

AirDNA Expands Into Property Management Tech With Uplisting Acquisition

Consolidation is coming to all aspects of the short-term rental sector.

Srividya Kalyanaraman | 4 months ago

AirDNA Expands Into Property Management Tech With Uplisting Acquisition

News Blog

Hawaiian Airlines Sets February Date for Alaska Merger Vote

Hawaiian Airlines shareholders will vote in February on Alaska Airlines' proposed $1.9 billion takeover of the carrier. Shareholders are set to vote on February 16 on merger plan that would see them receive $18 for each share in Honolulu-based Hawaiian, according to a securities filing on Tuesday. The purchase price is a 270% premium over…

Edward Russell | 4 months ago

News Blog

Travel Counsellors Acquires Travel Sales Platform Planisto

Travel Counsellors, a UK-based tech platform for travel agents, has acquired Planisto, a similar company that specializes in trip planning and booking.  Terms and acquisition price were not disclosed.  Travel Counsellors provides a platform that home-based leisure and corporate travel agents can use for trip planning and booking. Users who make bookings through the platform…

Justin Dawes | 4 months ago

Travel Technology

Tripnotes, a Buzzy ChatGPT-Based Trip Planner, Was Acquired and Shut Down

Tripnotes was among an increasingly crowded space for new trip planning tools powered by generative AI. It won't be the last of them to shut down.

Justin Dawes | 4 months ago

Tripnotes, a Buzzy ChatGPT-Based Trip Planner, Was Acquired and Shut Down

Hotels

Choice Hotels Has Talked to Investors With 40% of Wyndham Shares

Wyndham didn't say it had returned to the deal talks with Choice Hotels last week, but Choice says it did. Choice is also wooing many of Wyndham's key investors. The saga is getting more intense.

Sean O'Neill | 4 months ago

Choice Hotels Has Talked to Investors With 40% of Wyndham Shares

News Blog

Tripla Expands Into Taiwan Via Surehigh Acquisition

Tripla, which provides a booking engine to hotels in Japan and Southeast Asia, has acquired a hotel tech company in Taiwan. Tokyo-based Tripla said it acquired 91% of Surehigh, which provides more than 1,200 Taiwanese hotels with a reservation engine and channel manager. The other 9% of the company was acquired by a venture capital…

Justin Dawes | 4 months ago

News Blog

India’s TBO Acquires Booking Platform Jumbonline

TBO has acquired Jumbonline, an online booking system by Jump Tours Group. TBO Co-Founder Gaurav Bhatnagar made the announcement on LinkedIn on Monday. Based in India, TBO.com is a travel distribution platform. Jumbonline is a Spain-headquartered distribution platform for wholesalers and tour operators. Under the acquisition, TBO will have access to Jumbonline’s content, technology, clients,…

Dawit Habtemariam | 4 months ago

Short-Term Rentals

HomeToGo Buys Stake in Two German Companies for $34 Million

HomeToGo's M&A strategy: Focus more on profit, less on synergy.

Srividya Kalyanaraman | 4 months ago

HomeToGo Buys Stake in Two German Companies for $34 Million

Business Travel

Business Travel in 2024: ‘Rising Tension With Employees’

Business travelers know their livelihoods may depend on getting out on the road to nurture relationships with clients. Bean counters, concerned about inflation and sustainability issues, may block those trips.

Dennis Schaal | 4 months ago

Business Travel in 2024: ‘Rising Tension With Employees’