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Articles tagged “mergers and acquisitions”

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 | 8 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

Hotels

SBE Finally Completes Its Purchase of Morgans Hotels

Just in time for the holiday season. Let's hope this turns out to be a miracle for all parties involved.

Deanna Ting, Skift | 8 years ago

SBE Finally Completes Its Purchase of Morgans Hotels

Online Travel

Interview: Skyscanner’s CEO on the Ctrip Acquisition and the Future of Metasearch

As CEO Gareth Williams says, the Ctrip deal means that nothing and everything changes for Skyscanner. The focus of the business and the growth plans will remain in place but getting a wealthy new owner from the world's fastest-growing travel market will bring a multitude of new opportunities.

Patrick Whyte, Skift | 8 years ago

Interview: Skyscanner’s CEO on the Ctrip Acquisition and the Future of Metasearch

SkiftX

Lola Travel Agent App Acquires Room 77 Technology

With Lola's acquisition of Room 77's metasearch tech, Room 77 essentially becomes a consumer insights and hotel search test lab for Lola. Room 77's original founders have essentially exited the business: Google licensed its tech and hired the bulk of its employees, Expedia acquired Room 77's pioneering room-view tech, TrustYou bought Room 77's Checkmate hotel-messaging app, and now Lola picked up the remaining technology.

Dennis Schaal, Skift | 8 years ago

Lola Travel Agent App Acquires Room 77 Technology

Hotels

SBE’s Morgans Hotel Acquisition May Not Happen After All — Again

Will someone just buy this hotel company that so desperately needs to be bought before year's end?

Deanna Ting, Skift | 8 years ago

SBE’s Morgans Hotel Acquisition May Not Happen After All — Again

Airlines

Virgin America Gives Few Details About Merger Status in Latest Disclosures

If Virgin America was not expected to merge with Alaska Airlines, analysts likely would fret about Virgin America's falling unit revenue. But since Virgin America is now in limbo, waiting to see if it can close its merger, it's not clear how much the unit revenue decrease matters.

Brian Sumers, Skift | 8 years ago

Hotels

Choice Hotels Eyes an Unfamiliar and New Upscale Market

Choice Hotels CEO Stephen P. Joyce knows that future success for his company depends on smart acquisitions and investments in technology, loyalty, and the sharing economy.

Deanna Ting, Skift | 8 years ago

Choice Hotels Eyes an Unfamiliar and New Upscale Market