Aviation
Jetblue moves to acquire Spirit potentially derailing Frontier merger
There is drama afoot among the US’ low-cost carriers, as Jetblue and Frontier battle it out for custody of America’s most hated airline.
Wholesalers
Intrepid grows US tours by 400 per cent with new acquisition
The tour operator has been busy using its downtime to accelerate investment in this massively popular sector.
Hotels
Blackstone comes back to Crown Resorts with sweetened takeover bid
Blackstone is keen to wear the Crown, and is prepared to stump up a bit more cash than it initially put on the table.
Wholesalers
Intrepid snares majority stake in New Zealand’s Haka Tours and ANZ Nature Tours
The global travel B Corp has kicked off its future growth plans with a 60 per cent slice of not one, but two touring brands.
Tourism
Experience Co to fork out nearly $50m for zipline operator
Experience Co boss John O’Sullivan is off to get a new cheque book after signing off on the company’s third major purchase for the year.
Aviation
Sydney Airport turns down $22bn takeover offer
The airport’s board has given the takeover offer a hard pass, but Travel Weekly will happily be acquired for $22 million!
Aviation
Sydney Airport receives $22bn takeover offer
A multi-billion-dollar bid has been lobbed at Australia’s largest airport, meaning its board members and bean counters have a busy week ahead.
Hotels
Crown Resorts rejects Blackstone’s bid, but The Star’s merger offer still in play
by Huntley Mitchell
The bosses at Crown have given the private equity firm a big thumbs down for its acquisition proposal.
Hotels
The Star lobs merger offer at rival Crown to create $12bn tourism and entertainment giant
by Huntley Mitchell
The Star faces some competition, however, from a private equity firm that wants to take over Crown (which, FYI, has also just hired a new CEO).
Aviation
IAG negotiates half-price deal for Air Europa
The aviation behemoth has turned into a bargain hunter amid the COVID-19 pandemic and realised that $1.6 billion is probably too much to pay for an airline right now.
Travel Agents
CTM boss in legal stoush with Brisbane City Council over $20 million property plan
Jamie Pherous has become entangled in a legal battle with the council over a swimming pool he wants to build at his new property on Brisbane River.
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.