Mergers & Acquisitions
Amex GBT to acquire CWT for USD 570 million
American Express Global Business Travel (Amex GBT) agreed to acquire global business travel and meetings solutions provider CWT for $570 million.
Amadeus acquires travel payments expert Voxel
Amadeus announces the acquisition of Voxel, a leading provider of electronic invoice and B2B payment solutions for travel sellers, hotels, and other travel players.
Charlton Media Group acquires Singapore based Brand TD by Travel Daily Media to expand its operations into the vibrant Travel and Tourism sector
Leading media company Charlton Media Group, has announced the acquisition of Singapore based Brand TD by Travel Daily Media, a renowned online B2B and B2C news platform covering the travel and tourism industry in Asia and globally.
Amadeus expands in biometrics with acquisition of Vision-Box
Amadeus announces it is acquiring Vision-Box, a leading provider of biometric solutions for airports, airlines, and border control customers.
TBO.COM signs deal to acquire online business of Jumbo Tours Group, Spain
TBO Tek Limited (“TBO”) announced that its wholly owned subsidiary, Tek Travels DMCC, has acquired 100% shareholding of Jumbonline Accommodations & Services S.L.U., which has been demerged as an online business from Jumbo Tours Group.
Hilton Grand Vacations to acquire Bluegreen Vacations
Hilton Grand Vacations Inc. announced that that it has entered into a definitive agreement to acquire Bluegreen Vacations for $75 per share in an all-cash transaction, representing total consideration of approximately $1.5 billion, inclusive of net debt.
The Monte-Carlo S.B.M. Group acquires the “Palace des Neiges” in Courchevel 1850
Monte-Carlo Société des Bains de Mer has announced the acquisition of the Palace des Neiges in Courchevel 1850 - the first international hotel for the group.
HotelPlanner aquires Eventsquid
HotelPlanner, a leading travel technology platform and hotel booking engine, announced the acquisition of Eventsquid
Juniper Group completes the acquisition of Vervotech
Juniper Group announces the acquisition of Vervotech Solutions Pvt. Ltd. (“Vervotech”), a fast-growing travel software company focused on providing accommodation data solutions, including Hotel Mapping, Room Mapping and Hotel Curated Content.
EaseMyTrip to acquire 3 companies– Guideline Group, Tripshope Online and Dook Travels
EaseMyTrip.com, one of India’s largest online travel tech platforms announces the approval of EaseMyTrip’s board to acquire 51% of the aggregate paid-up share capital of each of the three prominent travel companies incorporated in India, to solidify its position as a major player in the travel and tourism industry.
Emburse acquires TRIPBAM to extend leadership in Business Travel Spend Management
Emburse, a leader in travel and expense (T&E) management, has acquired TRIPBAM, the industry’s only provider of fully automated, always-on auditing technology to track and review corporate travel pre-trip spend, corporate negotiated discounts, and supplier contracts.
Arinex and Joyn combine forces to create The Arinex Group
Joyn, a leading event technology platform, is excited to announce that it has acquired Arinex, the largest Australian owned business event management company.
Sabre acquires e-commerce provider Techsembly
Sabre Corporation a provider of software and technology that powers the global travel industry, announced the acquisition of hospitality e-commerce provider Techsembly.
Buzz acquires Sustainable Brand ‘Single Use Ain’t Sexy’
Global travel amenities company Buzz has acquired cult sustainable personal care brand Single Use Ain’t Sexy, for an undisclosed sum.
CDL acquires nine Tree Premier Hotel Myeongdong II in Korea
City Developments Limited (CDL), through its indirect wholly-owned subsidiary, CDL Hotels (Korea) Limited, has acquired the Nine Tree Premier Hotel Myeongdong II in Seoul from Shinhan Nine Tree Real Estate Investment Trust
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