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WestJet to be acquired by Onex

WestJet to be acquired by Onex

The transaction value is approximately $5 billion including assumed debt.

05/15/2019|4:42:48 PM|WestJet
Angie takes over rival Roxy in guest room tech consolidation

Angie takes over rival Roxy in guest room tech consolidation

Both Roxy and Angie Hospitality have shared a founding principle of providing hoteliers with innovative solutions needed to keep pace with the rapid technological advancements taking place in consumers' homes.

05/15/2019|4:17:13 PM|Phocuswire
Travelport’s plans to go private held up by Russian regulators

Travelport’s plans to go private held up by Russian regulators

Travelport’s net revenue saw a 3 percent year-over-year decline to $656.5 million with net income declined 62 percent to $22.3 million.

05/14/2019|10:08:43 AM|Skift
Mint House Gets $15M To Enhance Your Business Travel Experience

Mint House Gets $15M To Enhance Your Business Travel Experience

The New York-based company promises “tech-forward accommodations,” including a mobile app for check-ins and messaging with customer service.

05/14/2019|10:04:43 AM|Crunchbase
CEO Hints Booking Holdings Is Ready to Buy More Companies

CEO Hints Booking Holdings Is Ready to Buy More Companies

We will look to drive shareholder returns through a combination of organic growth investment, share repurchases, and opportunistic M&A.

05/13/2019|10:06:40 AM|Skift
How Marriott will differentiate home-sharing platform

How Marriott will differentiate home-sharing platform

Marriott has been building this loyal base for decades and trying to leverage the differentiator in short term rental services.

05/10/2019|5:11:36 PM|HNN
Booking Holdings records 217 million room nights booked, net income up 26%

Booking Holdings records 217 million room nights booked, net income up 26%

Booking Holdings reported gross travel bookings growth of 2% to $25.4 billion in the first quarter of 2019. Total revenues decreased 3% to $2.8 billion.

05/10/2019|5:52:06 AM|Booking Holdings
The world won’t take China’s money—and India’s online travel firms are benefiting

The world won’t take China’s money—and India’s online travel firms are benefiting

The India OTA market is becoming consolidated with very few players dominating. This helps investors to scale.

05/09/2019|6:26:45 PM|Quartz India
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