Articles tagged “mergers and acquisitions”

Mergers and acquisitions in the corporate travel space look set to continue, even after the roller-coaster year that was 2021. Now Berlin's Comtravo, a Microsoft-backed travel agency, is selling up.

The rumors have come true with Spirit Airlines and Frontier Airlines unveiling plans to merge Monday. The deal would create a U.S. budget juggernaut and the country's fifth largest airline but likely faces a tough approvals process from the pro-competition Biden administration.

Hopper has been making a go of things with varied degrees of success for 15 years and the company is now finding its stride. Being a private company has its allures, but you can bet that Hopper executives would jump at the right deal. Who wouldn't?

It won’t be an easy task, but Choice Hotels moving beyond the sectors that gave it durability during the pandemic makes sense for the recovery — if it manages to build the right upscale portfolio.

The hard-hit tour operator sector is creating opportunities for consolidation, as some savvy players will use travel's recovery to seek out acquisitions to fill significant gaps in their portfolios.

Event tech investment records tumbled in 2021, with major players making moves while riding high from massive valuations. As the year went on, mergers and acquisitions started to consolidate the market, something we expect to see more of in 2022.

In Skift's top stories this week, Barbados creates its own online travel booking platform, Airbnb CEO Brian Chesky takes suggestions from Twitter followers about what the company should launch, and 2022 will likely see a large number of major deals in the hotel industry.

Netactica is on track to become the most notable travel technology company in the business-to-business and consulting segments in Latin America.

By acquiring Argentinan vendor Whyline, Clear is doubling down on technology that allows travelers to reserve a spot in line when they check in for their flight. This "virtual queueing" tech could be used outside of airports, too, such as at attraction parks, in conference venues, and on cruise ships.

HomeToGo has been outracing rivals and disproving doubters. The metasearch brand runs operations efficiently. For example, it offers a subscription model to property managers who list with it, and that model appears to be more consistently profitable than charging traditional pure commissions.