From the monthly archives: "January 2015"
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    Issue 3: 26th January 2015

      Travelocity deal heralds year of M&A Expedia has acquired Travelocity from Sabre for USD280m in cash, as Expedia bolsters its brand stable in the face of increased competition. Rumours have also suggested a possible sale of Orbitz Worldwide, as forecasts of a busy year of M&A in the sector look likely to be fulfilled. [...]
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    Pegasus Distribution goes DHISCO

    The distribution division of Pegasus Solutions has been relaunched as a stand-alone company, under a new brand, The Distribution Hospitality Intelligent Systems Company, or DHISCO. The company is owned by an affiliate of HIG Capital and will, it said, look to expand its product and services platform. DHISCO described itself as the single largest processor [...]
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    Expedia gets close to guests with feedback

    Expedia has added a function to its hotel tools that facilitates real-time feedback from guests. The move sees Expedia extend its relationship with the guest from booking to stay as it targets the mobile-savvy consumer. Real Time Feedback is the latest development in the overhaul of its hotel-facing tool suite Expedia PartnerCentral. Shortly after a [...]
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    Kuoni quits consumer market

    Kuoni has confirmed that it is disposing of its tour operating businesses “following a review of its global business operations”. The company said that proceeds from the sale would be used to develop the group’s three remaining business-to-business units, due to “fundamental changes in the industry”. The group has seen the tour operating business fall [...]
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    OTAs pursue last-minute

    Booking.com and Expedia have both launched products which will make it easier for hotels to sell their rooms last-minute. The moves will see them take on the likes of HotelTonight, which has itself been broadening its scope into traditional OTA territory. Booking.com has launched Booking Now, which it has described as supporting “the growing importance [...]
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    Travelocity deal heralds year of M&A

    Expedia has acquired Travelocity from Sabre for USD280m in cash, as Expedia bolsters its brand stable in the face of increased competition. Rumours have also suggested a possible sale of Orbitz Worldwide, as forecasts of a busy year of M&A in the sector look likely to be fulfilled. Speculation around Expedia acquiring Travelocity had been [...]
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    Arora loses hotels to financiers

    Entrepreneur Surinder Arora has lost two of his group’s hotels to US hedge fund Davidson Kempner. And one of those is set to be stripped of its Arora branding, as the hotel has been put up for sale. The two properties, both at Heathrow airport, were signed over to […]
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    Issue 2: 19th January 2015

      Ctrip continues overseas push Ctrip has taken a majority stake in UK-based low-cost aggregator Travelfusion, for an undisclosed fee. The deal is a latest in a series of international moves for the company, which is seeking to expand outside its domestic Chinese market. Read more Priceline strikes ahead with mobile Priceline is seeking [...]
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    Meetings market merger

    Online event management platform Cvent has acquired hospitality marketing company Elite Meetings International for an undisclosed fee. The deal illustrated the growing importance of online distribution in the meetings sector, with the combined company planning global growth. EMI’s online venue-sourcing tools for meeting planners will be integrated into Cvent’s hospitality cloud offering. Reggie Aggarwal, founder [...]
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    Airbnb makes Europe tax move

    Airbnb has agreed to collect tourism tax from guests in Amsterdam, the first such deal the company has made in Europe. Last year saw Airbnb make a concerted move towards portraying itself as a more professional organisation, with a brand facelift and a number of deals in various jurisdictions, largely in the US. The first [...]