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Mergers and Acquisitions

Mergers and Acquisitions

Siemens to Buy Rail Software Company Sqills for $650 Million

Sqills has won more contracts from railway operators to upgrade their inventory, booking, and ticketing software than any other tech vendor in recent years. So this acquisition makes sense.

Siemens to Buy Rail Software Company Sqills for $650 Million

Mergers and Acquisitions

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

In an intensifying superapp rivalry in Southeast Asia, Gojek handed its Thailand business to AirAsia Digital in the face of competition from Grab. While these leading superapps battle, AirAsia Digital is being taken more seriously. After all, it has airplanes and a profitable logistics business to add to the mix.

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

Mergers and Acquisitions

Booking Holdings CEO: We Can Replicate European Short-Term Rental Success in U.S.

Booking.com faces tough-going in U.S. short-term rentals. Its business model has hosts perceiving they pay lower commissions to Airbnb, and the latter is has a big brand advantage. At the same time, Booking.com needs to defend Airbnb incursions on its own European turf.

Booking Holdings CEO: We Can Replicate European Short-Term Rental Success in U.S.

Mergers and Acquisitions

The Biggest Challenge to Online Travel’s Recovery in 2021

The bean counters, meaning the financial experts, at all of the major online travel companies have their work cut out for them as they monitor and try to predict the shape and timing of any potential travel recovery. These companies need to be nimble, and hoard their cash.

The Biggest Challenge to Online Travel’s Recovery in 2021

Mergers and Acquisitions

HotelTonight Investors See Huge Gains on Airbnb IPO

You can't make this stuff up. Airbnb's payout to HotelTonight of 3.2 million shares didn't appear very attractive when Airbnb's business almost collapsed in the spring. On paper, though, it's all looking very good right now.

HotelTonight Investors See Huge Gains on Airbnb IPO

Mergers and Acquisitions

Barry Diller Shares Pandemic Highs and Lows

Both of Barry Diller's companies, IAC and Expedia, are now invested in a travel recovery, which he thinks will arrive in only a matter of time. Count Diller on the side of those who believe the new normal will resemble its former self more than many people imagine.

Barry Diller Shares Pandemic Highs and Lows

Mergers and Acquisitions

Tripadvisor Is a Media Business So Why Did It Unload These 8 Brands?

While other online travel companies, such as Expedia Group, pursued robust media businesses over the years, Tripadvisor neglected it. In turn, it's now trying to make good on an unrealized opportunity. Shedding non-core assets could help with the focus.

Tripadvisor Is a Media Business So Why Did It Unload These 8 Brands?

Coronavirus

Trip.com Group’s Acquisition of Travix Hints at Appeal of Smaller Travel Agencies

Smaller online travel agencies try to make money by grabbing nickels and eurocent coins ahead of the steamrollers of global advertising behemoths. The underreported story of why China's largest travel company acquired a tiny Dutch travel group highlights the phenomenon.

Trip.com Group’s Acquisition of Travix Hints at Appeal of Smaller Travel Agencies

Hotels

Tripadvisor Is Trying to Sell Its Vacation Rental Businesses

Some might consider it ironic that there's been a lot of talk about the possibility of Expedia Group shedding assets, but Tripadvisor is the one actively trying to sell its vacation rental businesses. There has been speculation for some time that Tripadvisor would make such a move — and now it's actually happening.

Tripadvisor Is Trying to Sell Its Vacation Rental Businesses

Mergers and Acquisitions

Hipmunk Co-Founders Spurned by SAP Concur in Attempt to Buy Back the Company

It isn't very unusual for a company like Hipmunk to get acquired and then to fade into oblivion in the clutches of a much larger corporation. That's the way it goes in the heartless mergers-and-acquisitions game.

Hipmunk Co-Founders Spurned by SAP Concur in Attempt to Buy Back the Company