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Articles tagged “travelclick”

Hotels

Exclusive: Pegasus Solutions Spins Off Reservations Business to Regent Equity Partners

In this transaction, Pegasus Solutions unloads a struggling reservations business to a private equity firm, and a smaller Pegasus Solutions, still facing lots of issues, lives to fight another day.

Exclusive: Pegasus Solutions Spins Off Reservations Business to Regent Equity Partners

SkiftX

Online Travel Agency Hotel Bookings Grew Faster Than Hotels’ Own Websites in Q1

Online travel agencies are taking market share when it comes to hotel bookings for leisure and business travelers, but hotels' own direct channels still dominate, and travel agencies are still well ahead, too, if the TravelClick numbers are to be believed.

SkiftX

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

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?

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

Online Travel

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

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.

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

Business Travel

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.

Hotels

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.