Articles tagged “mondee”

Mondee Buys Rocketrip in a Bullish Bet on Biz Travel Returning With Plans to Scale Rewards Programs

Mondee Buys Rocketrip in a Bullish Bet on Biz Travel Returning With Plans to Scale Rewards Programs

Sean O'Neill, Skift

Expect other travel tech players to pick up promising startups at a discount during the pandemic.

2 months ago

Mondee Buys Airfare Wholesaler in Play for Ethnic Travel Agencies

Mondee Buys Airfare Wholesaler in Play for Ethnic Travel Agencies

Sean O'Neill, Skift

Mondee's acquisition of fast-growing CTS (Cosmopolitan Travel Service) makes the group North America's largest airfare wholesaler by market size. Notably, Mondee could afford the deal thanks to fresh backing by TCW Group, a giant asset management firm. Lots of institutional money is seeking opportunities in travel this year.

9 months ago

Fly.com Buyers Reluctantly Identified as Owners of Airfare Wholesaler Mondee

Fly.com Buyers Reluctantly Identified as Owners of Airfare Wholesaler Mondee

Sean O'Neill, Skift

Mondee, a travel technology company in California, paid $2.89 million for the Fly.com domain name, according to our sources. But the story behind this secretive company is also a broader tale about private equity, ethnic travel, and how airlines distribute their lowest-priced tickets.

3 years ago