Mergers and Acquisitions

A collection of Skift’s articles covering a wide range of deals, from technology partnerships and acquisitions to those involving hotels, airlines, and booking sites. The articles provide a comprehensive resource for those interested in tracking the latest developments and trends in the rapidly evolving travel industry. Whether you’re a travel industry professional, investor, or simply a curious traveler, we hope you find this archive informative and useful. Browse our collection to stay up-to-date on the latest mergers and acquisitions in the travel industry.

News Blog

Hyatt Sold Off Its Vacation Rental Management Arm For Up To $50 Million

In late September, Hyatt Hotels announced that it was exiting its vacation rental management business while launching an online short-term rental platform soon. Its Destination Residences Management unit was sold to a real estate investor called Lowe, which, through an affiliate, will run it under Lowe and Coral Tree, though no price was disclosed at…

Rafat Ali | 2 weeks ago

News Blog

Booking Paid $90 Million Termination Fee For Its Failed eTraveli Acquisition

Booking Holdings, whose $1.8 billion deal to acquire Sweden’s eTraveli Group was blocked by European Commission earlier this year, paid out $90 million in termination fee this October, according to a nugget in its latest quarterly statement. Typically deal breakup/termination fees are between 1-5 percent of the total deal value and paid by the seller…

Rafat Ali | 2 weeks ago

Hotels

Choice’s Hostile Takeover Bid for Wyndham, Explained

There's nothing quite as exciting in the corporate world than an unwelcome takeover offer. On this episode of the Skift Travel Podcasts, Skift's hotel experts deal with the drama.

Sean O'Neill | 1 month ago

Mergers and Acquisitions

Wego Expands into Business Travel with Acquisition of Singapore-Based Travelstop

Wego's expansion into the business travel sector, facilitated by its acquisition of Travelstop, is a strategic move driven by market opportunities and the company's desire for diversification and growth.

Peden Doma Bhutia | 3 months ago

Mergers and Acquisitions

Fintech Firm Buys Uplift for $100 Million

As with lots of cash and stock deals, the ultimate outcome will depend on Upgrade's eventual exit, and how that turns out. On the face of it, though, this deal looks underwhelming for Uplift.

Dennis Schaal | 4 months ago

Media and PR

The Case for a Yelp-Angi Merger

As a local discovery platform Yelp – like Foursquare – has lost influence as Google continues to push its own products in Maps, the web, and anywhere else it can track users' locations.

Reuters | 6 months ago

Skift Meetings

Swiss Post Acquires Event Platform SpotMe

The latest event technology acquisition involves a most unusual investor, the national postal service of Switzerland. It has taken a majority stake in SpotMe, which will continue to operate independently with no changes to its product offering.

8 months ago

Mergers and Acquisitions

Cloudbeds CEO on the Travel Startup Funding and M&A Environment

Listen in for a great perspective on what it means for travel tech startups to be raising funding in this macro environment, valuations, deal structure, thinking through growth and exit options, and insights on what fellow founders should know.

Rafat Ali | 8 months ago

Skift Meetings

Private Equity Firm Acquires Event Organizer Hyve for $579 Million

Another week, another major acquisition among UK-based event and trade show organizers. This deal marks a milestone in the Hyve Group's evolution through the impacts of the Covid pandemic and the Russia-Ukraine War.

9 months ago

Skift Meetings

Cvent to Be Acquired by Blackstone in $4.6 Billion Deal

The world's largest event technology company is going private again. Blackstone will soon own Cvent and is bullish on the recovery of events and travel. After an initial offer was rejected, the deal is worth approximately $4.6 billion.

9 months ago