Mergers & Acquisitions
SIA confirms merger talks of Vistara-Air India with Tatas
Singapore Airlines (SIA) said that it is exploring a potential merger of Vistara with Tata Group’s Air India.
Booking Holidays can now acquire eTraveli Group
Booking Holidays, owner of hotel booking platform Booking.com, has been given the greenlight to buy eTraveli Group.
Wyndham Hotels & Resorts acquires European hotel brand Vienna House
Wyndham Hotels & Resorts has announced its acquisition of the Vienna House brand for EUR 44 million (USD 44 million)
OR to acquire a 25% stake in Dusit Foods
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
Ascott acquires Oakwood worldwide to fast-track growth to over 150,000 units globally
The Ascott Limited (Ascott) has announced it is acquiring Oakwood Worldwide (Oakwood).
Hipcamp launches in UK, acquires Cool Camping
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 Hipcamp platform.
Oyo buys Europe-based Direct Booker
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 7,000 homes on its Traum Ferienwohnungen platform
Sabre advances hotel retailing with acquisition of Nuvola
Sabre Corporation has announced its acquisition of Nuvola, a prominent provider of hotel service optimization and guest engagement software to hoteliers
M&A deal value in China drops by 12%
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.
Deal activity in tourism sector down by 2% in February 2022: GlobalData
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
Flight Centre Travel increases stake in TP Connects to transform travel distribution
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 Connects
Vista acquires charter operator Air Hamburg
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
ATPI acquires Australia’s The Travel Authority in Southern Hemisphere expansion
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 expand its footprint across Australia and New Zealand.
IQware Inc Acquires Megasys Hospitality Solutions
Hospitality technology provider IQware Inc has acquired Megasys Hospitality Solutions, a Hospitality Property Management Software company.
Wego to acquire Cleartrip’s Middle East business from Flipkart
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.
Join The Community
- Intrepid Foundation encourages travel professionals and travellers to give for Myanmar relief
- Elite Havens encourages skiers to book their Niseko getaways now
- The Great Barrier Reef up for the UN Environment Programme’s Lifetime Achievement Award
- The passing of Pope Francis in the Jubilee Year: what it means for religious tourism in the weeks to come
- Virgin Voyages marks Earth Day with unique initiatives
Join The Community