Articles tagged “travelclick”

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TravelClick to be Acquired by Private Equity Firm for $930 Million

TravelClick to be Acquired by Private Equity Firm for $930 Million

Dennis Schaal, Skift

Is Thoma Bravo overpaying for TravelClick? It is a legitimate question considering that the initial sale process gave way to an auction, and we hear other suitors were rolling their eyes at an $800 million price tag. And does transitioning from the grip of one private equity firm to another really put TravelClick in a stronger competitive position?

7 years ago

TravelClick Is Up For Auction at $800 Million But Suitors Are Balking at the Price Tag

TravelClick Is Up For Auction at $800 Million But Suitors Are Balking at the Price Tag

Dennis Schaal, Skift

TravelClick has a huge customer base in the hotel industry, but needs to reinvent itself. That's going to take a lot of investment, but it's unclear if there is a buyer out there who wants to take on that burden and risk.

7 years ago

TravelClick’s Owner Exploring an Auction of the Hotel Software Company

TravelClick’s Owner Exploring an Auction of the Hotel Software Company

Reuters

Threatened by giants like TripAdvisor, Genstar is likely looking for a buyer who can add TravelClick to an existing brand in order to better compete.

7 years ago

Meetings and conventions bookings sluggish compared with trips for vacations

Businesses are still being cautious about their travel budgets for meetings and conventions. The economic recovery is patchy, at best.

7 years ago

Infographic: U.S. Hotel bookings look bright for the next year

2012 has been a good year for U.S. hotel bookings, and 2013 promises to be the same.

8 years ago