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acquisitions advertising Booking Sites Digital m&a Media mergers travel tripadvisor

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

This November 2004 screenshot shows Booking Buddy’s hotel compare tool. Booking Buddy was one of the brands that Tripadvisor sold to Hopjump in July 2020. PlaceIt by Breezi Skift Take: 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 […]

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acquisitions coronavirus Digital elliott management eNett gdss global distribution systems mergers payments Services travel travelport

Travelport Gets Stiffed by Coronavirus as Wex Walks Away From $1.7 Billion Payments Deal

Widely divergent payment methods around the world provide an opportunity for disruption. Wex informed Travelport that it wants to back out of its agreement to buy eNett and Optal. Grab Skift Take: It is likely back to square one for Travelport, which has tried to sell its hottest commodity, payments provider eNett, for years. It’s […]

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acquisitions costar hotels Media str travel

Hotel Data Giant STR Acquired for $450 Million

Park Central Hotel New York. CoStar Group will acquire STR, the premier global provider of data on hotel performance and market dynamics, for $450 million in an all-cash deal. Park Central Hotel New York / Facebook Skift Take: Data and analytics are not just vital in the contemporary hospitality ecosystem but also big business. CoStar’s […]