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Articles tagged “mergers and acquisitions”

Online Travel

Airbnb Buys Spanish Tours and Activities Startup Trip4Real

Airbnb certainly didn't acquire Trip4real for its user base, which is small, but the move highlights Airbnb's intent to enhance the experiences of guests by giving them opportunity to hook up with local guides especially as hosts get more corporate. In addition, Barcelona authorities have taken a tough stance against Airbnb and having local ties through acquisition could engender a degree of goodwill.

Dennis Schaal, Skift | 8 years ago

Airbnb Buys Spanish Tours and Activities Startup Trip4Real

Business Travel

Lastminute.com Group Buying Spree Won’t Be Over for Awhile

CEO Fabio Cannavale has spent the last few years snapping up companies across Europe and as the company looks to supplement its online travel agency model with a media/advertising business, expect to see more deals in the near future.

Patrick Whyte, Skift | 8 years ago

Lastminute.com Group Buying Spree Won’t Be Over for Awhile

Hotels

Morgans Hotel Group Receives Unsolicited Takeover Bid

Is any hotel merger or acquisition ever simple, or swift? In this case, most definitely not. Given the board members’ often contentious history with each other and the company’s direction, it’s anyone’s guess as to whether this new offer from “Bidder V” will prove to be superior than the offer from Sam Nazarian’s SBE.

Deanna Ting, Skift | 8 years ago

Morgans Hotel Group Receives Unsolicited Takeover Bid

Hotels

Red Lion to Buy Vantage Hospitality for $27 Million

Red Lion has been making some bold moves as of late, including its arguably controversial partnership with Expedia. As the company scales up with this acquisition, it'll be interesting to see how Red Lion expands or deepens its partnership with other online travel agencies.

Deanna Ting, Skift | 8 years ago

Red Lion to Buy Vantage Hospitality for $27 Million

Online Travel

Concur Buys Hipmunk to Bring Consumer Tools to Its Business Travelers

Six years after brashly boasting about how it would disrupt travel search, Hipmunk, which had to compete against larger players with more ample war chests, is exiting into the business travel portfolio of Concur. Hipmunk's turn toward business travel may make it more of a business-to-business play than its current consumer incarnation. As Concur's TripIt example shows, it remains to be seen how innovative Hipmunk can be given larger corporate priorities within SAP/Concur.

Dennis Schaal and Jason Clampet, Skift | 8 years ago

Concur Buys Hipmunk to Bring Consumer Tools to Its Business Travelers

Business Travel

American Express GBT Acquires KDS in Push to Accelerate Online Booking

While this acquisition was surely already in the works, it will be interesting to see if former Carlson Wagonlit Travel head Doug Anderson's tenure at American Express GBT leads to even more industry consolidation.

Andrew Sheivachman, Skift | 8 years ago

Hotels

Marriott and Starwood Say Their Deal Is Taking Longer Than They Hoped

Recent reports alleging that Marriott has "buyer's remorse" about the deal, while scintillating, don't seem very logical when you think of all the effort both Marriott and Starwood have put into making this deal a reality.

Deanna Ting, Skift | 8 years ago

Marriott and Starwood Say Their Deal Is Taking Longer Than They Hoped

Hotels

5 Reasons Why InterContinental Hotels Group Is Ripe for an Acquisition

The idea that being bigger is better in the hospitality industry is one that isn’t going away anytime soon. IHG, whether it might be the target of an acquisition or an acquirer, is in a solid position for both scenarios. And the company could probably use a bit of a jolt in terms of innovation and global growth.

Deanna Ting, Skift | 8 years ago

5 Reasons Why InterContinental Hotels Group Is Ripe for an Acquisition

Hotels

Is Morgans Hotel Group’s Merger Deal in Jeopardy?

As Morgans Hotel Group's own SEC filings have shown, it desperately needs to be bought by someone. New revelations suggest that the company’s deal with SBE might be in question.

Deanna Ting, Skift | 8 years ago

Is Morgans Hotel Group’s Merger Deal in Jeopardy?

Airlines

A Weakened Virgin America’s Profits Decline as Alaska Prepares to Close Merger

Yes, Alaska paid a fortune for Virgin America. But that doesn't mean it is a bad deal. Alaska believes it needs Virgin America's assets to compete and grow.

Brian Sumers , Skift | 8 years ago

A Weakened Virgin America’s Profits Decline as Alaska Prepares to Close Merger