mergers and acquisitions Archives

Hotels

Choice Hotels Has Talked to Investors With 40% of Wyndham Shares

Wyndham didn't say it had returned to the deal talks with Choice Hotels last week, but Choice says it did. Choice is also wooing many of Wyndham's key investors. The saga is getting more intense.

Sean O'Neill | 1 week ago

News Blog

Tripla Expands Into Taiwan Via Surehigh Acquisition

Tripla, which provides a booking engine to hotels in Japan and Southeast Asia, has acquired a hotel tech company in Taiwan. Tokyo-based Tripla said it acquired 91% of Surehigh, which provides more than 1,200 Taiwanese hotels with a reservation engine and channel manager. The other 9% of the company was acquired by a venture capital…

Justin Dawes | 1 week ago

News Blog

India’s TBO Acquires Booking Platform Jumbonline

TBO has acquired Jumbonline, an online booking system by Jump Tours Group. TBO Co-Founder Gaurav Bhatnagar made the announcement on LinkedIn on Monday. Based in India, TBO.com is a travel distribution platform. Jumbonline is a Spain-headquartered distribution platform for wholesalers and tour operators. Under the acquisition, TBO will have access to Jumbonline’s content, technology, clients,…

Dawit Habtemariam | 1 week ago

Short-Term Rentals

HomeToGo Buys Stake in Two German Companies for $34 Million

HomeToGo's M&A strategy: Focus more on profit, less on synergy.

Srividya Kalyanaraman | 1 week ago

Business Travel

Business Travel in 2024: ‘Rising Tension With Employees’

Business travelers know their livelihoods may depend on getting out on the road to nurture relationships with clients. Bean counters, concerned about inflation and sustainability issues, may block those trips.

Dennis Schaal | 2 weeks ago

Hotels

Some Hotel Owners Balk at Proposed Choice-Wyndham Merger

Some franchisees are worried their revenue would fall after a Choice merger with Wyndham. But Choice Hotels says it has heard from franchisees who expect to see gains to their bottom line from the proposed deal. The debate rolls on.

Sean O'Neill | 2 weeks ago

Short-Term Rentals

UnderTheDoorMat Group Merges With Veeve

It's a merger of equals, for strength, scale and growth.

Srividya Kalyanaraman | 2 weeks ago

Airlines

TAP Air Portugal Sale Delayed Up To a Year, Air France-KLM CEO Says

Air France-KLM found a "low-risk way" to participate in European airline consolidation with its SAS deal, even as it waits a bit longer for a chance at prize TAP Air Portugal.

Edward Russell | 2 weeks ago