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Online Travel
Even Tripadvisor would agree that the sum of its parts is likely worth more the whole. That's what a potential buyer is likely thinking.
Dennis Schaal | 2 weeks ago
Tour Operators
Civitatis is capitalizing on its leading position in selling Spanish-speaking tours and activities as it pushes into new markets thanks to private equity support.
Selene Brophy | 3 months ago
Travel Technology
Travelport has now received $770 million in private equity this year.
Justin Dawes | 4 months ago
Short-Term Rentals
Choice Hotels doesn't consider private equity entrants as competition, but as potential collaborators.
Srividya Kalyanaraman | 4 months ago
Hotels
An investment vehicle backed by Elliott Management has invested in hotels, following similar moves by other big-money firms. Fun fact: The $370 million deal coincides with the acquisition of U2's The Clarence Hotel.
Sean O'Neill | 5 months ago
Bringing cricket superfans into the picture as "quality assurance ambassadors" makes total sense because these die-hard sports enthusiasts are the ones who'll be hitting the road to catch their favorite matches. It's like MakeMyTrip saying, "Let's cater to the people who are at the heart of the action."
Peden Doma Bhutia | 5 months ago
News Blog
Generator Group, which owns or runs 21 hotels, gave a financial update on Monday that underscored the post-pandemic boom in travel. London-based Generator Group forecasted that it's on track to produce revenues of about $238 million (€225 million) this year — which would represent a 25% jump over the company's revenue in the pre-pandemic year…
Sean O'Neill | 6 months ago
Airlines
The private jet company is seeking partnerships and looking to renegotiate its financing with private equity companies. Delta's contribution isn't enough on its own to resolve the issue.
Mrinmay Dey, Reuters | 7 months ago
Hotelbeds, which reportedly hired bankers a couple of months ago to ready an initial public offering, has appointed a new general counsel, and the hotel wholesaler touted her experience in compliance and taking companies public. Source: Hotelbeds Sagrario Fernández, who now leads Hotelbeds' legal and compliance teams, "brings a wealth of experience in IPO processes…
Dennis Schaal | 8 months ago
Certares, a private equity firm that invests in travel, said on Wednesday it had closed its first real estate hospitality fund, with $284 million of equity commitments. The fund is acquiring hospitality real estate assets in U.S. growth markets. It has already made investments in 10 hotels that together have more than 2,100 keys. The…
Sean O'Neill | 8 months ago