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Articles tagged “mergers and acquisitions”

Online Travel

GuestToGuest Gets $35 Million: Travel Startup Funding This Week

Let's hope that GuestToGuest's bet on home-swapping ends better than General Catalyst's $15 million investment in Couchsurfing did. Plus, two startups — Hostmaker and Travis — raised money.

Sean O'Neill, Skift | 7 years ago

GuestToGuest Gets $35 Million: Travel Startup Funding This Week

Online Travel

TripAdvisor Chairman’s Takeover Comments Not a Vote of Confidence

Greg Maffei made no mention of TripAdvisor playing the long game with its Instant Booking transition. Instead, he almost informally invited bids to acquire TripAdvisor. While the odds seem to be stacked up against Tripadvisor it could still turn things around -- if it gets the time to do so.

Dennis Schaal, Skift | 7 years ago

TripAdvisor Chairman’s Takeover Comments Not a Vote of Confidence

Hotels

RedAwning Adds a Struggling VaycayHero to Its Branded Vacation Rental Network

Airbnb, Booking.com, and other giants in vacation rental bookings aren't providing the branding and technology needed by professional property managers in resort destinations. RedAwning's model points to one of several ways to fill the gap.

Sean O'Neill, Skift | 7 years ago

RedAwning Adds a Struggling VaycayHero to Its Branded Vacation Rental Network

Online Travel

Priceline Says It Won’t Get Bogged Down by Acquisitions, Like Expedia Did

The Priceline Group will consider various strategies to further its priority of increasing its lodging supply. The reason? The more choice, the better the conversion rates of lookers into bookers. When people tell you Airbnb won't ever get into selling hotel rooms, then consider the lessons Priceline has learned about adding rooms.

Dennis Schaal, Skift | 7 years ago

Priceline Says It Won’t Get Bogged Down by Acquisitions, Like Expedia Did

Business Travel

Hotelbeds Plans to Buy Tourico Holidays to Expand in the Americas

Hotelbeds has an outstanding market position on the strength of its booking technology. The plan to acquire Tourico shows that its financial backers, particularly buyout firm Cinven, see a path to growth. Expect further acquisitions that add new supplier relationships in new market segments.

Sean O'Neill, Skift | 7 years ago

Hotelbeds Plans to Buy Tourico Holidays to Expand in the Americas

Hotels

Hyatt Acquires Wellness Resort and Spa Company Miraval Group

Purchasing a brand like Miraval to enter into the wellness space is a smart move on Hyatt's part, as wellness becomes an increasingly global desire among all consumers, especially among the high-end travelers Hyatt has in its sights.

Deanna Ting, Skift | 7 years ago

Hyatt Acquires Wellness Resort and Spa Company Miraval Group

Online Travel

ReviewPro Acquired by China’s Shiji at $35 Million Valuation

This is a decent exit for the investors in ReviewPro and a wake-up call to a Western hotel industry ignoring China's tech scene. But it is also a validation of ReviewPro's particular approach of giving hotels actionable analytics on guests for sales and marketing, and revenue management -- and not just monitoring TripAdvisor ratings.

Sean O'Neill, Skift | 7 years ago

ReviewPro Acquired by China’s Shiji at $35 Million Valuation

Online Travel

Airbnb Flights: Should It Build, Buy or Borrow an Airline Booking Service?

A prudent strategy for Airbnb might be to initially partner with an online travel agency in an affiliate relationship so it can access flights for its customers. In that way, Airbnb could test whether its users want to book flights on the site without taking the big risks involved in making a large acquisition, which could always come later.

Dennis Schaal, Skift | 7 years ago

Hotels

HNA Closes Its Acquisition of Carlson Hotels

The bigger question now is what will happen to Rezidor, and how will that impact HNA's other hotel investments in NH Hotels, as well as Hilton and Red Lion Hotels?

Deanna Ting, Skift | 8 years ago

HNA Closes Its Acquisition of Carlson Hotels

Business Travel

More Mergers, More Fallout — Corporate Travel Innovation Report

This has been a busy year for merger and acquisition action in the travel space, and corporate travel executives will likely be dealing with the impact well into 2017 and beyond.

Hannah Sampson, Skift | 8 years ago