Tag: Acquisitions
Marriott International to acquire citizenM brand
Marriott International will acquire the lifestyle brand citizenM, enhancing its portfolio of select-service and lifestyle hotels. This acquisition is expected to support Marriott’s global...
Hyatt acquires Standard International, with plans for lifestyle and luxury groups
Hyatt has completed its acquisition of Standard International and its hotel brands, The Standard and Bunkhouse Hotels.
The 100 per cent asset-light portfolio includes management,...
Hyatt to acquire Standard International and its brands
Hyatt Hotels Corporation has plans to acquire the brands and most of the affiliates of Standard International, parent company of The Standard and Bunkhouse...
US asset manager Apollo to acquire The Travel Corporation
Apollo and The Travel Corporation (TTC) have entered into definitive agreement on July 16 for Apollo-managed funds to acquire the long-established travel and tourism...
Qantas buys up remaining shares of TripADeal
Qantas is accelerating its expansion into the holiday packages market by acquiring the remaining 49 per cent of the Byron Bay online travel business...
Amadeus acquires biometrics solutions provider Vision-Box
Amadeus has acquired Vision-Box, a leading provider of biometric solutions for airports, airlines, and border control customers.
The acquisition of Vision-Box will bring new capabilities...
TBO acquires online business of Jumbo Tours
TBO Tek Limited’s (TBO) wholly-owned subsidiary, Tek Travels DMCC, has acquired 100 per cent shareholding of Jumbonline Accommodations & Services, which has been demerged...
AirAsia X to acquire Capital A’s aviation business
AirAsia X (AAX) announced recently that it had entered into a non-binding letter of acceptance with Capital A for the proposed acquisitions of its...
Royal Caribbean to sell Azamara brand to private equity firm
Royal Caribbean Group has reached an agreement to sell its Azamara brand to US-based private equity firm Sycamore Partners for US$201 million, as it...
Hyundai picks up controlling stake in Asiana Airlines
A consortium led by South Korean construction firm Hyundai Development Company (HDC) has been named as the preferred bidder to acquire a 31 per...
