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Travel Technology
Venture capital is tight for certain types of startups, so those that need help scaling might run into some trouble.
Justin Dawes | 1 week ago
This is the second notable acquisition of an AI company in the travel industry this week. It follows Airbnb's purchase of GamePlanner.AI.
Justin Dawes | 2 weeks ago
News Blog
Airbnb made public filings on Tuesday showing that its acquisition of AI company GamePlanner.AI was paid partially with stock valued at about $104.5 million. The filings said that the company is offering 877,062 shares and the two largest recipients were listed as Adam Cheyer (337,652 shares) and Siamak Hodjat (245,565). Cheyer and Hodjat are the…
Short-Term Rentals
Adam Cheyer has driven a lot of success through his work at past companies. Now he's at Airbnb, showing the company really is serious about its dedication to integrating AI.
Hotels
Choice Hotels is seeing weakness in its hotel development pipeline. That may not improve much if it remains distracted by pursuing a merger with Wyndham.
Sean O'Neill | 3 weeks ago
They've got a pitch for you. A bigger and more competitive timeshare group.
Given a string of bad luck events, it can seem like Ace Hotels is a jinxed brand. But any visit to its properties in New York, New Orleans, or LA will reveal an electric vibe that's a reminder it can be salvaged and taken to the next level.
Ambuja Neotia, a real-estate developer and operator in Kolkata, has bought Tree of Life Resorts and Hotels, a collection of 14 boutique hotels across India with about 200 rooms that Skift recently profiled. The companies didn't disclose the price or terms of the deal. Tree of Life, based in Gurugram, has seen quick growth from…
Airline Weekly
It increasingly looks like JetBlue is overpaying for Spirit.
4 weeks ago
An investment vehicle backed by Elliott Management has invested in hotels, following similar moves by other big-money firms. Fun fact: The $370 million deal coincides with the acquisition of U2's The Clarence Hotel.
Sean O'Neill | 4 weeks ago
