Mergers & Acquisitions
Quinta do Lago, Portugal acquires Conrad Algarve
Quinta do Lago, Europe’s leading luxury lifestyle resort, has further increased its 5* offer with the acquisition of Conrad Algarve.
The Artisan Travel Group acquires Travel Editions
The Artisan Travel Group is delighted to announce the successful acquisition of escorted tour specialist Travel Editions, a leader in cultural tours with a rich history of creating exceptional experiences for “travellers, not tourists.”
CDS Groupe acquires Italy’s SIAP
CDS Groupe, the French leader in hotel booking and payment solutions for corporate clients and travel management companies (TMCs), has announced the acquisition of SIAP
GlobalData reports 10 percent decrease in travel and tourism deal activity
GlobalData released it's most recent report on global travel and tourism deal activity, noting a 10.4 percent year-on-year decrease in merger and acquisition activities.
MakeMyTrip to acquire Happay Expense Management Platform from CRED
MakeMyTrip announced that it has signed a Business Transfer Agreement to acquire Happay Expense Management Platform from CRED.
HID acquires IXLA
HID, a worldwide leader in trusted identity solutions, today announced it has acquired IXLA, an Italian manufacturer of advanced laser and color personalization systems for cards and passports.
Accor pushes for further expansion in Asia with 27 signings this year
Global hospitality firm Accor accelerated its growth within Asia this year by securing 27 hotel signings and 8,117 keys within the region.
BWH Hotels expands Vietnam portfolio with new Phan Thiet property
Global hospitality network BWH Hotels officially expanded its portfolio in Vietnam with the signing of an elegant new BW Premier Collection resort nestled directly on the beach in Phan Thiet, on the country's stunning southeast coast.
KS Hotels and HMD Asia acquire the iconic La Résidence hotels
KS Hotels and HMD Asia announced their acquisition of Belmond's iconic La Résidence hotels, located in the charming towns of Luang Prabang in Laos and Siem Reap, Cambodia.
Juniper Group acquires Traveltek
Travel technologies developer Traveltek announced that it has been acquired by the Juniper Group.
CapitaLand Ascott Trust to divest Somerset Olympic Tower Tianjin
CapitaLand Ascott Trust (CLAS) entered into an agreement to divest Somerset Olympic Tower Tianjin in China to an unrelated third party.
Accor expands Vietnam presence with Mercure Nha Trang
Accor strengthened its footprint in Vietnam with the recent signing of Mercure Nha Trang which opens late next year.
Capital A shareholders approve disposal of aviation business to AirAsia X
Capital A announced that shareholders voted in favour of the proposed disposal of the Group’s aviation business to AirAsia X.
BLS International acquires 100% stake in Citizenship Invest
BLS International Services Limited (“BLS”), a global tech-enabled service provider for governments and citizens, announced the successful completion of its acquisition of 100% stake in Citizenship Invest (CI), a Dubai-based firm specializing in fast-track investor programs for residency and citizenship across more than 15 countries.
CapitaLand Ascott Trust’s Citadines Karasuma-Gojo Kyoto divested for JPY6.18 billion
CapitaLand Ascott Trust (CLAS) divested Citadines Karasuma-Gojo Kyoto in Japan to an unrelated third party for about JPY6.18 billion.
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