This pre-Christmas announcement ensures regulators won’t be easing into the holidays. It's a seasonal surprise that’s likely to turn silent nights into sleepless ones for some.
That Airbnb didn't acquire Tiqets for its own experiences business after leading a Series C funding round, didn't give Tiqets much street cred. The Expedia deal couldn't have been a very substantial one for investors given the lack of financial disclosures.
There was too much logic to keep this Exclusive Resorts-Inspirato merger from taking place. And there was too much illogic in Inspirato's abandoned combination with car marketplace Buyerlink.
One thousand owner contracts likely attracted interest from other property managers besides Evolve. These contracts fit in with Evolve's business, and not so much for Casago.
Amex GBT is the dominant force in corporate travel, and it can use a massive AI-led tech makeover to fulfill its promise, including finally making meaningful headway with both the small business and unmanaged business travel markets.
Marriott CEO Anthony Capuano says the company is fine-tuning its approach to everything from acquisitions to AI to talent development, with Gulf Cooperation Council countries emerging as a testing ground for its evolving tactics.