Travelport Acquires Deem
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.
acquisition
IAG Agrees to Acquire Air Europa
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.
BioNTech Acquires AI Firm InstaDeep
German pharma giant BioNTech announced that it will acquire London-based artificial intelligence (AI) firm InstaDeep.
Travel & Tourism Deal Activity Slightly Down in 2022
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 Plans to Acquire Dream Hotel Group
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 Buys International Congress and Professional Fair EXPOELEARNING
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.
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Meetingselect Acquires Cyberdigma
Meetingselect, the world’s leading marketplace for meetings & events, group bookings and workspaces, has acquired hospitality tech company Cyberdigma.
Kula and Gold Tree Group Acquire Two New Sites in the Lisbon and Dublin
UK-based hotel group Kula, and international real estate investment firm Gold Tree Group announce the acquisition of two new hotel sites in Lisbon and Dublin.
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Dusit Sells 25pct Stake in its Dusit Foods
Dusit Thani Public Company Limited (DUSIT), one of Thailand’s leading hotel and property development companies, announced that OR will acquire a 25% stake in Dusit’s food business subsidiary, Dusit Foods.
Ascott Residence Trust Expands with New Acquisitions
Ascott Residence Trust (ART) is proposing to acquire nine quality serviced residences, rental housing and student accommodation properties across five countries from its sponsor, The Ascott Limited.
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Ascott Acquires Oakwood
CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) announced it is acquiring Oakwood Worldwide (Oakwood), a premier global serviced apartment provider, from Mapletree Investments Pte Ltd.
Choice Hotels Acquires Radisson Hotel Group Americas
Choice Hotels has entered into a definitive agreement to acquire the franchise business, operations and intellectual property of Radisson Hotel Group Americas for approximately $675 million.
Choice Hotels Acquires Radisson Hotel Group Americas Read More »