The deal is in line with HomeExchange's ambition for market expansion beyond France and Spain in Europe. And beyond that, its consolidation of the home exchange market — as this marks the company's fifth acquisition.
The sure bet is that the major online travel agencies will use some cash to buy back shares in 2023 unless the economy tanks. Less sexy than acquisitions, but good for shareholders. Still, that leaves plenty of money for some possible headline-making deals.
Eurocamp owner European Camping Group recently completed its acquisition of outdoor accommodation provider Vacanceselect Group for $1.1 billion (€1 billion). European Camping Group owns outdoor-centered accommodation brands.
The way customers interact with Sabre is changing, and the company’s future depends on how it responds to those changes. Sabre in 10 years could look a lot different than Sabre today.
The largest flight attendants union, the Association of Flight Attendants-CWA, is backing the proposed $3.8 billion merger of JetBlue Airways and Spirit Airlines as part of a new agreement with…
It may be a full on bidding war for bankrupt Colombian budget airline Viva Air. Latam Airlines has expressed interest in acquiring the carrier, joining Chile's JetSmart, and put Avianca…
Sabre continues to diversify its business by adding technology products, a good investment as the travel industry slowly but surely changes over the years.
Tek Travels, a wholly-owned subsidiary of Indian travel distribution platform TBO.com, has fully acquired BookaBed, a business-to-business (B2B) accommodation wholesaler for an undisclosed amount.