Articles tagged “mergers and acquisitions”

Plusgrade, a Montreal-based company that helps travel businesses persuade travelers to spend more, has acquired UpStay, a growing provider of upgrade and ancillary revenue solutions for hotels, Plusgrade said Tuesday.…

Abel Zhao, co-founder & CEO of FreeD Group, a technology innovator that specializes in proprietary enterprise application solutions, has acquired 75-year-old Connexus Travel from the parent company of Cathay Pacific,…

The Australian group is turning to the U.S. for its next phase of expansion, but interestingly thinks the best avenue for that is through a British luxury brand.

When every investor in a sector says they're "cautiously optimistic," watch out.

Sortis executives have given more details on their plans for Ace Hotels, the hip U.S.-based lifestyle brand that the company will acquire for $85 million in cash.

The Lufthansa Group has made an offer to buy a 40 percent stake in Italy's state-owned ITA Airways, it said Wednesday. The bid comes after a multi-year process, or "beauty…

Ace only has about a dozen properties, but it has punched above its weight in brand impact. Here's our analysis of whether Sortis is a good home and if $85 million is a good price.

Today’s edition of Skift’s daily podcast looks at Booking CEO’s M&A philosophy, Zoom burnout, and a hotel brand bonanza.

Mergers and acquisitions are sexy for shareholders, analysts and the press. Booking CEO Fogel knows, though, that sometimes the best decision is not overpaying and walking away from that shiny object.

You win some, you lose some. As quickly as SPACs soared on the hype, they lost much of their luster just as quickly on Wall Street. Travel SPACs were definitely no exception. Take a look at the numbers.