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Articles tagged “mergers and acquisitions”

Airlines

8 Airline Mergers That Shaped Today’s U.S. Industry

Eight mergers have really shaped the U.S. airline industry we have today.

Edward Russell | 5 months ago

8 Airline Mergers That Shaped Today’s U.S. Industry

Airlines

Alaska-Hawaiian Merger Faces a Justice Department Wary of Airline Combos

Alaska and Hawaiian are singing a similar tune about their combo that other airlines did before their mergers faced the full force of an anti-consolidation Justice Department.

Edward Russell | 5 months ago

Alaska-Hawaiian Merger Faces a Justice Department Wary of Airline Combos

Airlines

Alaska Airlines Needs New Growth – That’s Why It’s Looking to Buy Hawaiian

Facing a constrained Seattle, a Hawaiian Airlines acquisition could represent Alaska’s next phase of growth.

Meghna Maharishi and Jay Shabat, Skift | 5 months ago

Alaska Airlines Needs New Growth – That’s Why It’s Looking to Buy Hawaiian

Airlines

Alaska Airlines in Deal to Buy Hawaiian Airlines for $1.9 Billion

In a surprising twist, Alaska wants to buy Hawaiian.

Edward Russell | 5 months ago

Alaska Airlines in Deal to Buy Hawaiian Airlines for $1.9 Billion

News Blog

RoomRaccoon Acquires Similar Hotel Tech System iHotelligence

RoomRaccoon, a cloud-based hotel tech system, said this week that it is expanding its presence in Ireland via acquisition. Netherlands-based RoomRaccoon bought iHotelligence, a similar company based in Dublin. Terms were not disclosed. RoomRaccoon’s core products include a property management system, booking engine, channel manager, and payments system geared toward independent hotels with between 10…

Justin Dawes | 5 months ago

News Blog

Numa Buys Dutch Rival YAYS Group

Berlin-based hospitality brand Numa Group has acquired Dutch aparthotels operator YAYS Group from Proprium Capital Partners. The companies did not disclose details of the deal.  But the deal was likely funded with Numa's latest fundraising round in September. Numa raised $59 million and said the funds will be used for expansion across Europe.  Together the…

Srividya Kalyanaraman | 5 months ago

Hotels

Choice Hotels to Nominate Directors to Wyndham Board, Says Reuters

Choice Hotels has made yet another, more assertive move in its hostile takeover bid of rival Wyndham. It looks like shareholders will be voting on a potential merger when they consider board elections in May.

Sean O'Neill | 5 months ago

Choice Hotels to Nominate Directors to Wyndham Board, Says Reuters

Travel Technology

Cabana Seeks Buyers During Tight Venture Capital Market

Venture capital is tight for certain types of startups, so those that need help scaling might run into some trouble.

Justin Dawes | 6 months ago

Cabana Seeks Buyers During Tight Venture Capital Market

Travel Technology

Mondee Acquires AI Company Founded by Former Apple Developer

This is the second notable acquisition of an AI company in the travel industry this week. It follows Airbnb's purchase of GamePlanner.AI.

Justin Dawes | 6 months ago

Mondee Acquires AI Company Founded by Former Apple Developer

News Blog

Airbnb’s AI Acquisition Paid Partially in Stock Valued Above $100 Million

Airbnb made public filings on Tuesday showing that its acquisition of AI company GamePlanner.AI was paid partially with stock valued at about $104.5 million.  The filings said that the company is offering 877,062 shares and the two largest recipients were listed as Adam Cheyer (337,652 shares) and Siamak Hodjat (245,565).  Cheyer and Hodjat are the…

Justin Dawes | 6 months ago