Articles tagged “silver lake”

Airlines

All-Star Investors Katzenberg, Thiel, and Tosi Take Stake in Travel Startup Flyr

The WestCap Group has led a $150 million round in Flyr, a startup that helps travel companies boost their revenue. "Mogul management" appears to be the new "revenue management."

All-Star Investors Katzenberg, Thiel, and Tosi Take Stake in Travel Startup Flyr

Coronavirus

Airbnb to Make IPO Filing Public Next Week Despite Covid-19 Surge

There's been a lot of spin recently, including the move to hire ex-Apple designer Jony Ive. Airbnb's public filing should reveal more concrete details about its plans to grow.

Airbnb to Make IPO Filing Public Next Week Despite Covid-19 Surge

Online Travel

Payments Firm for Airport Luxury Goods Shops Could Sell for $2.6 Billion

Global Blue helps luxury goods shops at airports process purchases by international travelers. Private equity firm Silver Lake's attempted sale of it looks likely soon.

Payments Firm for Airport Luxury Goods Shops Could Sell for $2.6 Billion

Online Travel

Expedia to Deliver Early Payday to Private Equity Investors

It's no accident that Expedia Group disclosed improved booking trends on Monday, and then announced a senior notes offering to refinance the company's private equity debt a day later. Hey, whether you are a homeowner or a giant online travel company, a good refinancing deal can be smart and hard to resist.

Expedia to Deliver Early Payday to Private Equity Investors

Online Travel

Vacasa Grabs $108 Million in New Funding Led by Private Equity Investor Silver Lake

The coronavirus pandemic made some travel companies seem like dominoes stacked too closely together. But private equity will help some businesses like Vacasa escape this crisis without toppling over.

Vacasa Grabs $108 Million in New Funding Led by Private Equity Investor Silver Lake

Online Travel

Expedia Group CEO Peter Kern on Navigating a Frenemy Relationship With Airbnb

Many companies won't reopen for business when coronavirus ebbs, but two that will definitely still be left standing will be Expedia Group and Airbnb. They could potentially find ways to cooperate in the face of bigger threats in the form of Google and Booking.com.

Expedia Group CEO Peter Kern on Navigating a Frenemy Relationship With Airbnb

Online Travel

Expedia Close to Selling a Potential $1 Billion Stake to Private Equity to Help Shore Up Finances

Two private equity firms are likely taking a minority stake in Expedia Group at very attractive terms — for the investors. There will be a flood of these types of deals inside the travel industry — and outside it, as well.

Expedia Close to Selling a Potential $1 Billion Stake to Private Equity to Help Shore Up Finances

Hotels

Vacasa Nets $319 Million in Backing for Vacation Rental Management

Short-term rental companies can't believe their luck. Private equity and venture capital continue to pour into their sector despite a hot market. Vacasa has remained an investor darling, in part, because it has branched into opening real estate brokerages to help boost the supply of units.

Vacasa Nets $319 Million in Backing for Vacation Rental Management

Online Travel

Chinese Booking Site Qunar Bulks Up With $500 Million Investment Led by Silver Lake

It is no surprise the Qunar has not raised a white flag in reaction to Ctrip's maneuverings. With an injection of $500 million, let the games continue.

Chinese Booking Site Qunar Bulks Up With $500 Million Investment Led by Silver Lake