UTU, a travel technology firm that is transforming the customer experience in tax-free shopping, has announced the close of a massive $33 million deal in combined transaction value.
Germany’s Lufthansa Group has signed an agreement with Italy’s Ministry of Economy and Finance (MEF) on purchasing a 41% stake in Italian flag carrier ITA Airways for EUR 325m through a capital increase.
The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of Inmarsat by Viasat.
Holiday Inn Club Vacations Incorporated, a leading vacation ownership company and partner of IHG® Hotels & Resorts (IHG), has acquired four scenic beachfront resorts located in Cancun, Playa del Carmen and the Riviera Maya, Mexico
Holiday Inn Club Vacations Acquires Four Resorts in Mexico Read More »
Premier beach resort company OUTRIGGER Hospitality Group plans to acquire Kā‘anapali Beach Hotel, a beachfront resort on the Island of Maui, renowned as “Hawai‘i’s Most Hawaiian Hotel.”
Japanese videogame firm SEGA Corporation offered €706 million ($776.5 million) to acquire Rovio, the owner of the popular mobile game Angry Birds.
Travelport, a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, announced the acquisition of Deem, a leading corporate travel management platform.
International Airlines Group (IAG), one of the world’s largest airline groups that consists of airlines such as British Airways, Iberia, bmi, Vueling, and Aer Lingus announced the acquisition of Air Europa for €500 million.
German pharma giant BioNTech announced that it will acquire London-based artificial intelligence (AI) firm InstaDeep.
GlobalData, a leading data and analytics company, announced that a total of 1,006 deals* were announced in the global travel and tourism sector during 2022.
Travel & Tourism Deal Activity Slightly Down in 2022 Read More »
Hyatt Hotel Corporation and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s lifestyle hotel brand and management platform including the Dream Hotels, The Chatwal Hotels and Unscripted Hotels
Kenes Group, leading global Professional Conference Organiser (PCO), headquartered in Geneva and with representation in Spain, acquired last August the International Congress and Professional Fair EXPOELEARNING.
Kenes Buys International Congress and Professional Fair EXPOELEARNING Read More »
