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Browsing Category

Mergers & Acquisitions

Mergers & Acquisitions

YACHTELEC acquired by AMARIX group to strengthen turnkey super yacht solutions

Kanchan Nath May 31, 2023
Ship repair and maintenance group AMARIX, the owner of MACOR and ETI Services companies, has acquired a 100% stake in French electrical and electromechanical services company YACHTELEC.
Mergers & Acquisitions

Belleair acquired by owners of JTA Travel Group

Kanchan Nath May 2, 2023
Malta Specialist trade brand “Belleair Holidays” has been acquired by Alfendo Limited the parent company of JTA Travel Group. 
Mergers & Acquisitions

Travel Counsellors acquires Holidaysplease

Kanchan Nath Mar 14, 2023
Travel Counsellors, the UK’s largest and fast-growing technology platform for travel entrepreneurs,  announces the acquisition of Holidaysplease, a network of specialist travel advisors.
Mergers & Acquisitions

Travelport acquires Deem

Kanchan Nath Mar 13, 2023
Travelport, a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, announced the acquisition of Deem, a leading corporate travel…
Mergers & Acquisitions

Travelsoft acquires Spain’s Travel Compositor 

Kanchan Nath Mar 6, 2023
Travel Software-as-a-Service (SaaS) group Travelsoft has announced the acquisition of B2B booking engine provider to travel companies, Travel Compositor, as part of the group’s strategy to…
Mergers & Acquisitions

TBO acquires the remaining stake in BookaBed

Kanchan Nath Feb 17, 2023
TBO Tek Limited ("TBO") announced that its wholly owned subsidiary, Tek Travels DMCC, has acquired the remaining stake in BookaBed AG ("BookaBed").
OTAs & Tour Operators

Benefits and pitfalls in Flight Centre USD 220m luxury deal with Scott Dunn

Kanchan Nath Feb 6, 2023
Flight Centre’s USD220 million buyout of luxury travel agency Scott Dunn has prompted analysts to forecast strategic benefits while warning of potential pitfalls, such as a post-COVID-19…
Mergers & Acquisitions

RateGain to acquire Adara

Kanchan Nath Jan 3, 2023
RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality announced that it has entered into a definitive agreement to acquire Adara…
Hotels

SIHOT acquires Pos Hardware company

Kanchan Nath Dec 19, 2022
SIHOT, one of the world’s modular hotel management systems with over 3,500 installations, has acquired ADDIPOS to expand its hardware portfolio in the hospitality market.
Mergers & Acquisitions

EaseMyTrip to acquire air charter service provider Nutana Aviation

Kanchan Nath Dec 6, 2022
EaseMyTrip will invest in and acquire Gujarat’s GIFT city-based Nutana Aviation. The acquiree company is in the business of offering charter solutions to clients in India and abroad.
Mergers & Acquisitions

Hyatt to acquire Dream Hotel Group

Kanchan Nath Dec 2, 2022
Hyatt Hotel Corporation and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s lifestyle hotel brand and management platform including the Dream…
Mergers & Acquisitions

SIA and TATA to merge Air India and Vistara

Kanchan Nath Dec 1, 2022
Singapore Airlines (SIA) and Tata Sons (Tata) have agreed to merge Air India and  Vistara, with SIA also investing INR 20,585 million (SD360 million, USD250 million)  in Air India as part of…
Mergers & Acquisitions

Reed & Mackay purchases Atlanta Events & Corporate Travel in Spain 

Kanchan Nath Nov 11, 2022
The TripActions Group announced that its premium brand, Reed & Mackay, has completed the acquisition of its long-standing partner, the high-end Spanish corporate travel, meetings &…
Airlines and Aviation

SIA confirms merger talks of Vistara-Air India with Tatas

Kanchan Nath Oct 17, 2022
Singapore Airlines (SIA) said that it is exploring a potential merger of Vistara with Tata Group’s Air India.
Mergers & Acquisitions

Booking Holidays can now acquire eTraveli Group

Kanchan Nath Sep 30, 2022
Booking Holidays, owner of hotel booking platform Booking.com, has been given the greenlight to buy eTraveli Group.
Hotels

Wyndham Hotels & Resorts acquires European hotel brand Vienna House

Kristin Mariano Sep 13, 2022
Wyndham Hotels & Resorts has announced its acquisition of the Vienna House brand for EUR 44 million (USD 44 million) adding an upscale and midscale portfolio of approximately 40…
Mergers & Acquisitions

OR to acquire a 25% stake in Dusit Foods

Kanchan Nath Aug 22, 2022
PTT Oil and Retail Business Public Company Limited (OR) to acquire a 25% stake in Dusit Thani Public Company Limited (DUSIT) food business subsidiary, Dusit Food
Mergers & Acquisitions

Ascott acquires Oakwood worldwide to fast-track growth to over 150,000 units globally

Kristin Mariano Jul 5, 2022
The Ascott Limited (Ascott) has announced it is acquiring Oakwood Worldwide (Oakwood).
Features

Hipcamp launches in UK, acquires Cool Camping

Kristin Mariano May 13, 2022
Hipcamp, the world’s largest provider of outdoor stays, has announced the acquisition of London-based Tripadee Ltd., and the full integration of its popular Cool Camping brand into the…
Hospitality

Oyo buys Europe-based Direct Booker

Megha Paul May 11, 2022
The recent buy will strengthen the SoftBank-backed company’s presence in Europe, especially in Croatia where it already has nearly 1,800 vacation homes on its Belvilla platform and over…
Travel Tech

Sabre advances hotel retailing with acquisition of Nuvola

Kristin Mariano May 11, 2022
Sabre Corporation has announced its acquisition of Nuvola, a prominent provider of hotel service optimization and guest engagement software to hoteliers worldwide. The transaction…
Mergers & Acquisitions

M&A deal value in China drops by 12%

Kristin Mariano May 4, 2022
The ongoing global geopolitical issues and volatile market conditions continue to pose downside risk to the mergers and acquisitions (M&A) deal activity in China.
Mergers & Acquisitions

Deal activity in tourism sector down by 2% in February 2022: GlobalData

Megha Paul Mar 24, 2022
A total 96 deals— comprising mergers and acquisitions (M&A), private equity, and venture financing deals— were announced in the global travel and tourism sector in February 2022
Tourism

Flight Centre Travel increases stake in TP Connects to transform travel distribution

Megha Paul Mar 17, 2022
The Flight Centre Travel Group (FLT) has reinforced its commitment to providing customers with the widest choice of airfares by increasing its investment in travel technology business TP…

Vista acquires charter operator Air Hamburg

Megha Paul Feb 23, 2022
Dubai-based Vista Global Holding, a leading private aviation group, has entered into an agreement to acquire Air Hamburg's operating platform and maintenance services
Mergers & Acquisitions

ATPI acquires Australia’s The Travel Authority in Southern Hemisphere expansion

Kristin Mariano Feb 23, 2022
Global travel management, events and sustainability consultancy, the ATPI Group, has acquired the Sydney (Australia) headquartered The Travel Authority in a new deal that sees the business…
Mergers & Acquisitions

IQware Inc Acquires Megasys Hospitality Solutions

Kristin Mariano Feb 23, 2022
Hospitality technology provider IQware Inc has acquired Megasys Hospitality Solutions, a Hospitality Property Management Software company.
Mergers & Acquisitions

Wego to acquire Cleartrip’s Middle East business from Flipkart

Kristin Mariano Feb 22, 2022
Wego has announced that it has signed a definitive agreement with the Flipkart Group, India’s homegrown e-commerce ecosystem, to acquire Cleartrip’s Middle East business.
Mergers & Acquisitions

Discova acquires bike tour operator Grasshopper Adventures

Kristin Mariano Feb 16, 2022
Global destination management company Discova recently acquired Grasshopper Adventures, one of Asia’s leading operators of sustainably focused bicycle tours, specialising in multi-day…
Travel Tech

Tech unicorn SiteMinder debuts on ASX with oversubscribed AU$627M IPO

Megha Paul Nov 8, 2021
SiteMinder will commence trading on Australian Securities Exchange (ASX) following oversubscribed Initial Public Offering (IPO) of AU$627 million today

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