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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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Trip.com Group’s Acquisition of Travix Hints at Appeal of Smaller Travel Agencies

A view of Schiphol International Airport in Amsterdam, Netherlands in August 2018. Amsterdam-based Travix has been acquired by online travel giant Trip.com Group at a time when many smaller online travel agencies across Europe are looking for mergers and acquisitions. Piroschka van de Wouw / Reuters Skift Take: Smaller online travel agencies try to make […]

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Hipmunk Co-Founders Spurned by SAP Concur in Attempt to Buy Back the Company

Hipmunk co-founders Adam Goldstein (left) and Steve Huffman tired to buy back the company from Concur. Hipmunk Skift Take: It isn’t very unusual for a company like Hipmunk to get acquired and then to fade into oblivion in the clutches of a much larger corporation. That’s the way it goes in the heartless mergers-and-acquisitions game. […]

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TripAdvisor and Ctrip Enter Into Chinese Joint Venture and Global Licensing Agreement

TripAdvisor and Trip.com Group announced a joint venture. TripAdvisor Skift Take: The TripAdvisor-Trip.com Group deal is both a shocker and a non-shocker. When Ctrip decided to change the parent company name to Trip.com Group, you could see a certain affinity with the TripAdvisor brand. On the other hand, Booking Holdings has been Ctrip’s longtime best […]

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Expedia Group’s Conundrum: Acquisitions or Share Repurchases?

Pictured are the logos for some of the Expedia Group brands. The company hasn’t made a major acquisition in several years. Skift Take: Expedia Group doesn’t intend to hoard piles of cash for a rainy day. The company purports to favor share repurchases over acquisitions, all things being equal, but if a rainmaker of a […]

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South Africa’s Travelstart to Buy Corporate Travel Agency Club Travel

Pictured is Travelstart’s headquarters in Cape Town, South Africa. The online travel agency is expanding into managed travel. Travelstart Skift Take: Travelstart is taking a logical next step in expanding from its core leisure travel business into corporate travel through an acquisition. — Richard Holmes Read the Complete Story On Skift

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Amazon’s Travel Strategy Comes Into Focus

Amazon previously tried selling hotel stays via weekend getaways, but is trying anew with flights in India. Skift Skift Take: The same rules that apply to run-of-the-mill travel sellers do not necessarily apply to Amazon. While cash back on flights in India may seem loss-generating and unsustainable, for Amazon it could be a winning strategy. […]