Civitatis is capitalizing on its leading position in selling Spanish-speaking tours and activities as it pushes into new markets thanks to private equity support.
An investment vehicle backed by Elliott Management has invested in hotels, following similar moves by other big-money firms. Fun fact: The $370 million deal coincides with the acquisition of U2's The Clarence Hotel.
Bringing cricket superfans into the picture as "quality assurance ambassadors" makes total sense because these die-hard sports enthusiasts are the ones who'll be hitting the road to catch their favorite matches. It's like MakeMyTrip saying, "Let's cater to the people who are at the heart of the action."
Hotelbeds, which reportedly hired bankers a couple of months ago to ready an initial public offering, has appointed a new general counsel, and the hotel wholesaler touted her experience in…
Certares, a private equity firm that invests in travel, said on Wednesday it had closed its first real estate hospitality fund, with $284 million of equity commitments.