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Articles tagged “mergers and acquisitions”

Hotels

Skift Podcast: Why Accor Had No Choice But to Change

Tune in for a candid conversation about the strategy behind AccorHotels' many acquisitions, why the company wants to be part of consumers' everyday lives, and what the CEO has learned from spending hundreds of millions of dollars on startups.

Hannah Sampson, Skift | 6 years ago

Skift Podcast: Why Accor Had No Choice But to Change

Business Travel

Apple Leisure Group CEO Says Mark Travel Merger Is Win-Win for Travel Agents

Many travel agents will have the benefit of selling a wider variety of packages from one distribution channel because of this deal, but will this industry giant really want to give travel agents, and their clients, the best rates if agents don't have anywhere else to turn? Time will tell.

Dan Peltier, Skift | 6 years ago

Apple Leisure Group CEO Says Mark Travel Merger Is Win-Win for Travel Agents

Online Travel

BlaBlaCar Buys Less to Plug a Carpooling Tech Gap

It’s too early to know if short-distance, urban carpooling from BlaBlaCar can effectively compete with taxis and car-hailing apps like Cabify, Lyft, and Uber. But as a defensive experiment, the move makes sense.

Sean O'Neill, Skift | 6 years ago

BlaBlaCar Buys Less to Plug a Carpooling Tech Gap

Online Travel

Why Everybody Now Wants a Piece of the Tours and Activities Sector

Large travel corporations can't seem to get enough of the tours and activities space. It's one to watch as the year unfolds. Deals can be a great way to get a foot in the door, but don't forget to make sure there is a strategic fit — and, of course, that the price is right.

Seth Borko, Skift Research | 6 years ago

Why Everybody Now Wants a Piece of the Tours and Activities Sector

Online Travel

TripAdvisor Buys Tours and Activities Tech Provider Bokun as Connectivity Race Heats Up

We said there would be more consolidation in the tours and activities space, and the ink was hardly dry when TripAdvisor announced the acquisition of Bokun. This enables TripAdvisor to provide an end-to-end solution without having to rely on third party vendors to bring tours and activities suppliers on board.

Dennis Schaal, Skift | 6 years ago

TripAdvisor Buys Tours and Activities Tech Provider Bokun as Connectivity Race Heats Up

Online Travel

Booking Holdings Buys Activities Distribution Startup FareHarbor

Only a couple of years ago, the CEO of family-owned activities distributor FareHarbor said the company would never sell. But never say never. For Booking Holdings, this is further proof that the giant wants to be full-service.

Sean O'Neill, Skift | 6 years ago

Booking Holdings Buys Activities Distribution Startup FareHarbor

Hotels

Red Lion Is Buying Knights Inn From Wyndham for $27 Million

Red Lion has made good on its promise to buy up more brands you've likely never heard of (or in this case, remembered much).

Deanna Ting, Skift | 6 years ago

Red Lion Is Buying Knights Inn From Wyndham for $27 Million

SkiftX

eDreams Odigeo Gives Up on Its Sales Process

It sounds like the potential buyers didn't accept the company's new strategy — or the buyers weren't willing to pay enough. Regardless, while it's certainly a risk, eDreams Odigeo is doing the right thing in diversifying its business and improving price transparency.

Patrick Whyte, Skift | 6 years ago

eDreams Odigeo Gives Up on Its Sales Process

Hotels

InterContinental Hotels Is Closing In on a Luxury Acquisition

Asset light, something with history and heritage, fewer than 200 hotels ... IHG CEO Keith Barr has quite a specific wish list. It doesn't sound like we'll have to wait too long until we find out the identity of the luxury hotel brand in question.

Patrick Whyte, Skift | 6 years ago

InterContinental Hotels Is Closing In on a Luxury Acquisition

Hotels

NH Hotels Fears a Rival May Buy Chinese Investor HNA’s Stake

NH Hotels has been on a corporate rollercoaster ride over the past couple of years with HNA Group’s minority shareholding being the principle catalyst. Things have quieted down recently but harmony likely depends on the identity of the new investor.

Patrick Whyte, Skift | 6 years ago

NH Hotels Fears a Rival May Buy Chinese Investor HNA’s Stake