Search results for “acquisitions”
Expedia Group fully acquires CanadaStays to boost vacation rental presence up north
CanadaStays will become part of the Vrbo vacation rentals division in a move designed to strengthen Expedia Group’s alternative accommodation presence in Canada.
Amex GBT snaps up Middle East TMC
GBT CEO Doug Anderson said the company had a “very active [mergers and acquisitions] pipeline”, with 15 potential deals in the works.
Emirates unit to acquire remaining shares in Alpha LSG
Alpha LSG has revenue of over £290 million and employs 3,500 people across 15 airport catering facilities and two central production facilities in the UK.
As AmEx scoops up Resy, a look at its history of acquisitions
In five of the last eleven years AmEx bought zero known companies, but it has picked up three companies according to Crunchbase data this year.
Tencent-backed OTA Tongcheng reports 124.9 million MAUs in Q3
Lodging revenue rose 34.5% to RMB693.7 million in the third quarter, while transportation revenue climbed 1.6% to RMB1,139.6 million.
Certify, Inc./Chrome River acquires Emburse to revolutionize expense and card solutions
Emburse has processed hundreds of millions of dollars of company spend over tens of thousands of credit cards, while doubling revenue every year.
Flight Centre takes full ownership of Canadian corporate travel and leisure business
Flight Centre said its Americas businesses, which together generated a AUD$70.2million profit before tax during FY18, were closing in on a profit in excess of AUD$100million for FY19.
CEO Ji Qi foresees the future of Huazhu as a “world-class hotel company”
The team, led by Qi and Jenny Zhang, is ready for a major leap after being in the business for 14 years. Huazhu is eyeing 10,000 hotels in 3-5 years, and sufficient scale in geographic areas outside China, too.
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