Articles tagged “private equity”

Tour Operators

Civitatis Finds Niche in Selling Activities to Spanish-Speaking Travelers

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 | 2 weeks ago

Civitatis Finds Niche in Selling Activities to Spanish-Speaking Travelers

Travel Technology

Travelport Raises $570 Million and Adds New Owners

Travelport has now received $770 million in private equity this year.

Justin Dawes | 4 weeks ago

Travelport Raises $570 Million and Adds New Owners

Short-Term Rentals

Choice Hotels on Extended Stay Versus Short-Term Rentals: Interview

Choice Hotels doesn't consider private equity entrants as competition, but as potential collaborators.

Srividya Kalyanaraman | 1 month ago

Choice Hotels on Extended Stay Versus Short-Term Rentals: Interview

Hotels

Paul Singer’s Elliott Management Bets on Hotels as Part of $372 Million Deal

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 | 2 months ago

Paul Singer’s Elliott Management Bets on Hotels as Part of $372 Million Deal

Online Travel

Skift India Report: MakeMyTrip Partners with Cricket Fans to Elevate Homestay Standards

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 | 3 months ago

Skift India Report: MakeMyTrip Partners with Cricket Fans to Elevate Homestay Standards

News Blog

Generator Hostels’ Forecasts 50% Jump in Earnings as Budget Travelers Seek Deals

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 | 3 months ago

Airlines

Delta Provided Capital to Struggling Charter Airline Wheels Up Experience

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 | 5 months ago

Delta Provided Capital to Struggling Charter Airline Wheels Up Experience

News Blog

Hotelbeds Touts New General Counsel’s IPO Experience

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 | 5 months ago

News Blog

Certares Closes $284 Million Fund for Hospitality Real Estate

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 | 5 months ago

Airlines

Bailed Out Azorean Airline Sata Attracts Investor Interest

Anyone want to take control of a small Azorean airline? More than two dozen parties are crunching the numbers.

Sergio Goncalves, Reuters | 7 months ago

Bailed Out Azorean Airline Sata Attracts Investor Interest