Search results for “acquisitions”
AccorHotels buys Gekko to deliver other hotel brands to travel agencies
Gekko includes two hotel booking platforms — Teldar Travel and HCorpo, aiming to add adjacent businesses that can complement its core hotel operations and offer more control of hotel distribution.
Chinese-backed firm Travel Service to take over Czech Airlines
Travel Service, partly-owned by Chinese investment group CEFC and already owner of 34% of Czech Airlines (CSA), said it had agreed to buy both the state's 19.7% stake and Korean Air's 44% holding.
A profit-boosting consolidation wave could be headed for China
Consolidation is underway in almost half of China’s economy and is accelerating, helping companies boost earnings, regain pricing power, and ease debt-servicing burdens, according to CCB.
Expedia CEO on the company's culture and global growth
Expedia's CEO had an interview with Tnooz talking of the future M&A, automation & machine learning, metasearch, localization, data, personalization, AR&VR, advertising, opportunities & threats.
Airbnb adds restaurant reservations to compete with Priceline
Airbnb said that users can book tables at about 650 restaurants across the US. The company plans to become a full-service travel-booking platform like Priceline and Expedia.
China's Cindat is said to join $660 million QHotels purchase
China’s Cindat Capital Management is joining an acquisition of QHotels Group valuing the U.K. hospitality company at more than 500 million pounds ($660 million), people with knowledge of the matter said.
Allianz takes advantage of China digital trend
China's digitalization trends and the booming sharing economy have offered a wealth of opportunities for AWP, said the company's CEO for assistance, who is responsible for the Asia-Pacific region.
HNA explores buying a major stake in Allianz
Chinese conglomerate HNA Group explored buying a significant stake in insurer Allianz SE but was deflected, German daily Sueddeutsche Zeitung reported, without saying where it got the information.
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