acquisition

Technology

Travello doubles down on youth market with acquisition of local OTA

The Brisbane-based travel platform is looking a lot more youthful. However, that’s not to suggest its staff have all had a facelift.

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Travel Agents

Corporate Travel Management raises remaining $113m needed for US acquisition

Were you one of those who snapped up some new shares in CTM? Well, give yourself a pat on the back for your role in this achievement.

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Technology

Amex GBT enhances tech offering with new acquisition

The business travel behemoth has grown even bigger with this techy acquisition.

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Travel Agents

Corporate Travel Management raises $262m to help fund US acquisition

Much to the delight of CTM’s executives, investors have wasted no time snapping up newly-offered shares in the company.

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Travel Agents

Corporate Travel Management emerges from trading halt with big acquisition

Jamie Pherous has reason to smile after CTM announced it has caught a very big fish.

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Technology

Flight Centre snaps up AI-based travel platform

The travel giant has gone shopping and found itself a San Francisco-based travel platform that specialises in personalisation through artificial intelligence.

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Tourism

FINALLY! Village Roadshow agrees to takeover deal with failed Virgin bidder

by Huntley Mitchell

It’s not quite on the same scale as Virgin, but BGH Capital has still managed to snag a distressed travel company.

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Technology

Farelogix snapped up by another travel tech player, after Sabre abandons acquisition plan

The future of Farelogix can finally be put to bed, so you could say this story is Travel Weekly tucking it in and giving it a goodnight kiss.

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Technology

UK’s Competition and Markets Authority blocks Sabre’s Farelogix acquisition

It comes just days after a US federal court said it would not stand in the way of the nearly $560 million deal.

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Aviation

Qantas, Flight Centre mooted as acquisition targets for Wesfarmers

While the uncertain future of Virgin Australia has stolen most of the spotlight amid the COVID-19 crisis, speculation surrounding its fierce rival is now heating up.

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Technology

The hunter or the hunted? Webjet responds to acquisition speculation

by Huntley Mitchell

First it was speculation that Webjet was looking to acquire, and now it’s the other way around. Make sense of it all here.

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Hotels

Marriott to “jumpstart” all-inclusive offering with hotel group acquisition

The world’s biggest hotel group is set to get even bigger, thanks to a fresh acquisition.

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