Mergers and Acquisitions

A collection of Skift’s articles covering a wide range of deals, from technology partnerships and acquisitions to those involving hotels, airlines, and booking sites. The articles provide a comprehensive resource for those interested in tracking the latest developments and trends in the rapidly evolving travel industry. Whether you’re a travel industry professional, investor, or simply a curious traveler, we hope you find this archive informative and useful. Browse our collection to stay up-to-date on the latest mergers and acquisitions in the travel industry.

Fintech Firm Buys Uplift for $100 Million

As with lots of cash and stock deals, the ultimate outcome will depend on Upgrade's eventual exit, and how that turns out. On the face of it, though, this deal looks underwhelming for Uplift.

Dennis Schaal | 4 weeks ago

Media and PR

The Case for a Yelp-Angi Merger

As a local discovery platform Yelp – like Foursquare – has lost influence as Google continues to push its own products in Maps, the web, and anywhere else it can track users' locations.

Reuters | 3 months ago

Skift Meetings

Swiss Post Acquires Event Platform SpotMe

The latest event technology acquisition involves a most unusual investor, the national postal service of Switzerland. It has taken a majority stake in SpotMe, which will continue to operate independently with no changes to its product offering.

5 months ago

Mergers and Acquisitions

Cloudbeds CEO on the Travel Startup Funding and M&A Environment

Listen in for a great perspective on what it means for travel tech startups to be raising funding in this macro environment, valuations, deal structure, thinking through growth and exit options, and insights on what fellow founders should know.

Rafat Ali | 5 months ago

Skift Meetings

Private Equity Firm Acquires Event Organizer Hyve for $579 Million

Another week, another major acquisition among UK-based event and trade show organizers. This deal marks a milestone in the Hyve Group's evolution through the impacts of the Covid pandemic and the Russia-Ukraine War.

5 months ago

Skift Meetings

Cvent to Be Acquired by Blackstone in $4.6 Billion Deal

The world's largest event technology company is going private again. Blackstone will soon own Cvent and is bullish on the recovery of events and travel. After an initial offer was rejected, the deal is worth approximately $4.6 billion.

5 months ago

Airlines

European Regulators Open Antitrust Probe Into a Korean Air-Asiana Combo

Routes between Barcelona, Frankfurt, Paris, Rome and South Korea have EU regulators concerned about competition. This three-year M&A saga finds itself with one more new chapter.

Foo Yun Chee, Reuters | 6 months ago

News Blog

Convene Buys UK Conference Provider Etc.venues for Reported $250 Million

U.S.-based meeting, event and office provider Convene has bought etc.venues, which now expands its footprint in the UK. Convene said the deal, announced on Wednesday, makes it the “largest provider of premium meeting and event venues in the U.S. and UK.” Terms of the deal were not disclosed, but according to reports is worth $246…

Matthew Parsons | 7 months ago

News Blog

United Airlines Takes $10.5 Million Stake in Affiliate Mesa

United Airlines took a nearly 10 percent stake in its regional partner Mesa Air Group in a deal unveiled after markets closed. The transaction is worth an estimated $10.5 million based on the closing price of Mesa's stock of $2.61 per share on Monday. The 4.04 million shares were issued as part of a larger…

Edward Russell | 7 months ago

Mergers and Acquisitions

Good and Bad M&A, According to Booking’s CEO

Today’s edition of Skift’s daily podcast looks at Booking CEO’s M&A philosophy, Zoom burnout, and a hotel brand bonanza.

Tom Lowry | 7 months ago