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 … [Read more…]

Shiji’s Hotel Tech Acquisition Spree: A Closer Look

Kevin King, chief commercial officer of Shiji Group, left, speaks at Skift Tech Forum. Skift Skift Take: Since 2016, Shiji has spent $141 million on acquisitions and investments across 10 tech companies outside of China, according to our review of its financial filings. Yet we still don’t grasp the overseas strategy of the hospitality tech … [Read more…]

RateGain Acquires BCV, Gains Momentum in Hotel Tech Consolidation

A photo of the surf-inspired decor at the Kimpton Shorebreak Huntington Beach Resort in Huntingdon Beach, California. The photo is an example of the Instagram-friendly social media content that BCV, just acquired by RateGain, can provide hoteliers. BCV Skift Take: RateGain, a travel tech company backed by private equity, said it has begun a roll-up … [Read more…]

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 Slim Leather Travel Passport Wallet Holder RFID Blocking ID Card … [Read more…]

Amadeus Buys Airport Self-Service Baggage Firm to Diversify Further

A view of the self-bag drop lanes for Qantas at Sydney’s International Airport which ICM Airport Technics, a company that Amadeus has just acquired, builds and operates. ICM Airport Technics Skift Take: Automated bag-drop technology may be widespread at major airports, but the rest of the world still has to add the equipment needed for … [Read more…]