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Articles tagged “mergers and acquisitions”

Travel Technology

Amadeus to Acquire Biometrics Company Vision-Box for $348 Million

Though there are still some kinks to work out with biometrics, particularly regarding privacy concerns, Amadeus seems confident in the growing use of the technology.

Amadeus to Acquire Biometrics Company Vision-Box for $348 Million

Travel Technology

Mews, Hotel Tech Startup, Makes Its Eighth Acquisition 

More acquisitions are likely coming as certain hotel players seek to have a stronger hold on the fragmented industry.

Mews, Hotel Tech Startup, Makes Its Eighth Acquisition 

Travel Technology

Hotel Tech Company Duve Acquires Competitor to Advance AI Tools

Even startups that began experimenting early with generative AI generally aren’t seeing a payoff yet in terms of revenue. But they are generating interest from buyers that want their workers and intellectual property.

Hotel Tech Company Duve Acquires Competitor to Advance AI Tools

Travel Technology

IBS Software Acquires Hotel Tech Company for $90 Million

IBS Software has taken a $90 million step toward its goal of becoming a "player of consequence" in hotel tech. It joins a group of others vying for the same.

IBS Software Acquires Hotel Tech Company for $90 Million

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.

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.

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…

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…

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.

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.

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