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.

Certares to Fuel FTI Tech Overhaul with Takeover, $130 Million Investment

A leading travel and tourism investment firm acquires the third-largest tour operator in Europe.

Jesse Chase-Lubitz | 5 days ago

Airlines

SAS Scandinavian Airlines Quits Star Alliance: 6 Key Questions Answered

The fallout from SAS leaving the Star Alliance group of airlines will be felt far beyond Scandinavia, with SkyTeam partners such as Delta's SkyMiles program due to be the biggest winners.

Gordon Smith | 2 weeks ago

Airlines

Japan Approves Korean Air and Asiana Mega-Merger, But Two Huge Hurdles Remain

Any celebration in Seoul will likely be muted, as airline chiefs know the biggest regulatory challenges are yet to come.

Gordon Smith | 3 months ago

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 | 5 months 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 | 5 months 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 | 6 months 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 | 7 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 | 9 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 | 11 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.

1 year ago