Keep an eye on Asia for next wave of major online travel consolidation
The first two decades of online travel were filled with merge and acquisition activity within and between the US and Europe.
Starting in the late nineties with Travelocity’s acquisition of Preview and reaching a peak in the mid naughties with the Expedia/Hotels.com merger, Lastminute.com acquisition by Travelocity and the Orbitz/Ebookers/HotelClub acquisitions by Cendant.
Big dollar deals covering America and Europe. As we enter the third decade of the online travel I strongly suspect we are seeing the rise of Asian firms as acquisition targets and as potential acquirers.