Articles tagged “private equity”

News Blog

Awaze Put Up For Sale at $2 Billion by Private Equity Owner Platinum — Report

The owner of European vacation-rentals business Awaze is looking for a sale, according to a media report. U.S. private equity firm Platinum Equity created Awaze after buying a selection of rental businesses from Wyndham Worldwide in 2018. The deal was worth $1.3 billion, and its collection at the time included Novasol, Cottages.com, James Villa Holidays…

Hotels

Blackstone Takes Stake in Hotel Owner Sunstone as Private Equity Eyes More Lodging Deals

In a turbulent financial market, players such as Blackstone are worth tracking because they usually have more wherewithal to invest in hotels than others do.

Blackstone Takes Stake in Hotel Owner Sunstone as Private Equity Eyes More Lodging Deals

Travel Technology

Dallas Cowboys Owner Jerry Jones Invests in Software Firm for Hotels and Vacation Rentals

This deal undoubtedly won't go down as one of the largest of 2022, but it shows the continued interest in investing in hospitality technology. Even Jerry Jones can recognize an interesting deal.

Dallas Cowboys Owner Jerry Jones Invests in Software Firm for Hotels and Vacation Rentals

Business Travel

Venture Capital Legend Tim Draper Looks to Franchise Hostels

Startup Draper House, which is part of the billionaire investor's funding network, is the perfect embodiment of entrepreneurial tourism, a fast-growing sub sector that blends startup culture and venture capital with hospitality. Co-branding opportunities could help it expand rapidly.

Venture Capital Legend Tim Draper Looks to Franchise Hostels

Travel Technology

Mondee Reportedly Gets $20 Million From Travelport Owners to Support Going Public

Some recent efforts by businesses to go public via mergers with blank check companies have stalled or fizzled. But it's a vote of confidence in Mondee that Travelport's financial sponsors, Elliott Management and Siris Capital, are reportedly putting up money to support the travel tech company in going public.

Mondee Reportedly Gets $20 Million From Travelport Owners to Support Going Public

Startups

Why Private Equity Firm Certares Is Dabbling in Travel Venture Investing

Chantal Noble Haldorsen appears to be one of the rising stars of travel tech investing. Savvy entrepreneurs will note her insights.

Why Private Equity Firm Certares Is Dabbling in Travel Venture Investing

Short-Term Rentals

Short-Term Rentals Attract Private Equity Seeking New Asset Class

The smartest money appears to be warming to the emerging asset class of professionally managed short-term rentals and vacation rentals. But it's probably too soon to expect an "STR REIT," or short-term rental real estate investment trust, this year.

Short-Term Rentals Attract Private Equity Seeking New Asset Class

Short-Term Rentals

Private Equity Firm Alpine to Acquire AirDNA in Short-Term Rental Data Play

This deal is the second investment in two weeks in business intelligence for the short-term rental sector, coming after startup OTA Insight's purchase of Transparent. "Follow the data" is the new "follow the money."

Private Equity Firm Alpine to Acquire AirDNA in Short-Term Rental Data Play

Business Travel

Corporate Travel Buyers Face Perilous Exposure to Industry’s $540 Billion Debt

Airlines, hotels, taxi firms and travel management companies owe more than half a trillion dollars. Here's how companies can offset price surges as their suppliers look to pay off mounting debts.

Corporate Travel Buyers Face Perilous Exposure to Industry’s $540 Billion Debt

Business Travel

What Makes Corporate Travel a Worthy Investment Now?

Behind the investor appetite as American Express Global Business Travel prepares to go public.

What Makes Corporate Travel a Worthy Investment Now?