Tag: Mergers and Acquisitions
Sustainable Hospitality Alliance explores merger with Green Hospitality
Sustainable Hospitality Alliance (SHA) and Green Hospitality are considering a merger to combine the latter’s reach and experience in Asia-Pacific with SHA’s expertise and...
Korean Air-Asiana merger cleared for take-off
Korean Air has finalised its post-merger integration (PMI) plan with Asiana Airlines after receiving approval from the state-run Korea Development Bank (KDB).
The PMI plan...
MATTA hails Malaysia Airlines-AirAsia merger
The Malaysian Association of Tour and Travel Agents (MATTA) has urged the government to bail out the ailing Malaysia Airlines (MAS) amid the coronavirus...
dnata picks up majority stake in AI tech firm
Dubai-based air services provider dnata, part of the Emirates Group, has acquired a majority stake in bd4travel (Big Data for Travel), a technology company...
Diethelm acquires and merges with Thailand’s Travel Center Asia
Diethelm Travel Group has acquired leading Thailand-based DMC, Travel Center Asia (TCA), to strengthen its in-destination operations and regional DMC ambitions.
Tourasia co-owns Diethelm and is in driver’s seat
Swiss tour operator Tourasia has emerged as a substantial shareholder of Diethelm Travel Group (DTG) with its founder/managing director (MD) Stephan Roemer taking the...