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Sep 17Thu
  1. Skift Feed

    Singapore's Banyan Group Buys Newmark, Adding 26 Hotels in Africa

    Singapore-listed Banyan Group agreed to acquire a 70% stake in Newmark Hotels & Reserves, a Cape Town-based operator of 26 hotels, lodges and private game reserves, with a path to full ownership over the next several years. According to a filing with the Singapore Exchange, the deal values Newmark at about 756 million South African rand, or $47 million. With Newmark, Banyan's portfolio grows by roughly a third to nearly 130 hotels, resorts and reserves across 14 brands in 28 countries. The purchase fits Banyan's "asset-right" strategy, a hybrid of owning some properties while managing others for third-party owners, adding fee income rather than bricks and giving Banyan a foothold in safari…

Sep 15Tue
  1. Skift Feed

    Lindblad Acquires 60% Stake in White Desert and Echo Charlie for $69 Million

    Lindblad Expeditions is acquiring a 60% stake in White Desert, a luxury Antarctic travel company, and Echo Charlie, a new luxury adventure operator flying a refurbished DC-3, for $69 million—its largest acquisition yet. Founder Patrick Woodhead will stay on as chairman of White Desert and CEO of Echo Charlie, and join Lindblad as a strategic innovation advisor. The deal is funded with cash on hand; the company had over $350 million on its balance sheet as of June 30.

Sep 10Thu
  1. Skift Feed

    Navan Buys BoomPop to Push Into Meetings and Events

    Business travel platform Navan announced it has acquired BoomPop, an AI-powered platform for planning corporate meetings and events. The acquisition is the latest move in Navan's consolidation strategy, bringing meetings and events spending into the same platform where companies already book travel and manage expenses. Navan declined to disclose the acquisition price. Navan had partnered with BoomPop earlier this year, repeating a playbook it used with Smartrips.

Aug 26Wed
  1. Skift Feed

    Why Every Boutique Hotel Founder Eventually Sells

    The article uses Sharan Pasricha's two ventures—Ennismore (controlled by Accor, valued at $3.4B–$5.8B) and Estelle Community—to illustrate the dilemma facing boutique hotel founders: scale with external capital and lose control, or stay independent by owning real estate. Recent deals (Hilton–Graduate, Hilton–Sydell/NoMad, Hyatt–Standard, Seibu Prince–Ace, Marriott–citizenM) all follow the pattern where global flags buy the brand and contracts while founders keep the buildings. Independent hotels face 15–25% OTA commissions versus loyalty-driven distribution of majors. Survivors like Firmdale, Peninsula, Oberoi, Oetker, and Hoshino share patient capital and owned real estate. The key questio…

  3. Skift Feed

    VayKLife Acquires Xplorie to Create Unified Guest Experience Platform

    VayKLife has acquired Xplorie, merging physical gear and amenities with local activities and experiences into one platform for vacation rental managers. CEO Dan Gaertner argues that in a market where AI makes listings homogeneous, the guest experience layer—bikes, attraction credits, dinner shows, golf—is key to differentiation, driving five-star reviews and repeat bookings.

Aug 25Tue
  1. Skift Feed

    Can't Afford Hoxton or Moxy? Generator's New CEO Says: We're Premium Too — But Just £40 Per Bunk

    European hostel brand Generator, acquired by Brookfield Asset Management for approximately €776 million, plans to double its 15-property footprint by 2030 by converting distressed mid-market hotels such as Novotel, Mercure, and Holiday Inn. New CEO Xavier Mufraggi says the conversion thesis is structurally compelling: four-star buildings require minimal alteration, allow four-to-six beds per room at around £40 per bed, and come with large F&B spaces that can be monetized through dinners, parties, and rooftop events, targeting at least 40% higher RevPAR than a standard three- or four-star hotel. Expansion will be mapped along Europe's high-speed rail network, with plans for multi-city passes…

  2. Hotel Dive Feed

    Historic West Virginia Hotel to Join Wyndham's Trademark Collection

    Taylor Hospitality has acquired the historic 82-key Blennerhassett hotel in Parkersburg, West Virginia, and will convert it under Wyndham Hotels & Resorts' Trademark Collection. The property, which first opened in 1889, will be repositioned as The Blennerhassett, a Giovanni Hotel and Spa, and will join Wyndham's global reservation and loyalty system in Q4 2026. This marks the first time in its 137-year history that the hotel will have access to such distribution, potentially boosting visibility among Wyndham Rewards' 126 million members.

Aug 11Tue
  1. Hotel Dive Feed

    Trinity Investments sells Grande Lakes Orlando Resort for $1.38B

    Trinity Investments has agreed to sell the 409-acre Grande Lakes Orlando Resort in Orlando, Florida to Ryman Hospitality Partners for $1.38 billion. The resort includes a 582-key Ritz-Carlton and a 1,010-key JW Marriott, with the deal expected to close in Q3 and described as the 'largest non-gaming U.S. resort transaction on record.' This is Trinity's third disposition in 15 months.

Aug 4Tue
  1. Amex GBT Press Room

    Amex GBT Reports Strong Q2 2026 Financial Results

    American Express Global Business Travel (Amex GBT) reported Q2 2026 results: revenue of $870 million, up 38% year-over-year; adjusted EBITDA of $178 million, up 34%. TTV grew 57% and transactions grew 45%. The company won major clients including Google, Koch, and Pfizer, maintaining a 95% customer retention rate. Shareholders approved the acquisition by Long Lake Management, expected to close in H2 2026.

Aug 1Sat
  1. Hospitality Technology

    Engine Acquires Options Travel to Build AI-Native Online Booking Tool

    Business travel and spend management platform Engine acquired Options Travel, a full-service TMC with over 30 years of experience, using its daily operations as a laboratory to build an AI-native Online Booking Tool (OBT). The tool consolidates booking, payments, reporting, customer management, and duty of care into a single dashboard, reducing agent booking times from an industry average of nearly 15 minutes to 2.5 minutes, with plans to license it to TMCs globally.

  2. PhocusWire All News

    Engine Acquires Options Travel to Build Modern OBT

    Travel and spend management platform Engine acquired TMC Options Travel, with terms not disclosed. Engine will use Options Travel's operations to develop an AI-native online booking tool (OBT) aimed at improving booking speed, personalization, and automated disruption handling. Options Travel will continue to operate independently, with its employees joining Engine.

Jul 31Fri
  1. PhocusWire All News

    Expedia Acquires AI Travel Planning App Layla

    Expedia Group has acquired AI travel planning and booking app Layla for an undisclosed amount. The move accelerates its AI strategy by combining Layla's planning and personalization capabilities with Expedia's supply, scale, and technology. Layla was founded in 2023 and attracted €3 million in seed funding with backers including Lastminute.com founder Brent Hoberman. Expedia unveiled a ChatGPT app in November 2025.

  2. Expedia Group Newsroom

    Expedia Group acquires Layla to accelerate AI trip planning and booking

    Expedia Group has acquired Layla, an AI-native trip planning and booking platform, to accelerate its AI strategy. Layla, founded in 2023 and based in Berlin, helps travelers discover destinations, create personalized itineraries, and plan complete trips through a conversational travel agent. The acquisition combines Layla's advanced planning and personalization capabilities with Expedia Group's global supply, first-party traveler insights, marketplace scale, and booking technology, aiming to create richer, more personalized travel experiences and move travelers seamlessly from inspiration to booking.

Jul 29Wed
  1. TripVivid

    Lvshun Group Wins Ningbo Donggang Sheraton Hotel for 361 Million Yuan

    On July 24, the Ningbo Donggang Sheraton Hotel was sold at a second auction on Alibaba Assets platform, with Lvshun Group winning at the base price of 361 million yuan. The hotel, built in 2005, was Ningbo's first international five-star hotel, with an appraised value of over 645 million yuan. The first auction started at 452 million yuan but failed. Lvshun Group is the controlling shareholder of time-honored brand Loumaoji.

Jul 28Tue
Jul 27Mon
  1. PhocusWire All News

    TravelAI acquires Sonder brand, relaunches Sonder.com

    Canada-based TravelAI has acquired the Sonder brand and relaunched Sonder.com. The acquisition includes Sonder's trademarks and domain names, not its operating businesses, properties, leases, inventory or staff. Terms were not disclosed. Previously, Sonder's parent company announced wind down in November 2025 and filed for Chapter 7 liquidation. TravelAI launched the new Sonder.com as a curated guide to urban stays, featuring properties in New York, London, Barcelona and more.

Jul 22Wed
  1. PhocusWire All News

    Outdoor experiences platform Checkyeti acquires Manawa

    Outdoor activities booking platform Checkyeti has acquired Alentour SAS, parent of Manawa, for an undisclosed amount. This marks consolidation in Europe's outdoor experiences industry. Checkyeti, founded in 2014, focuses on winter and summer activities across Europe; Manawa has a strong position in France and other European markets. The deal was supported by Banque des Territoires, now a shareholder. Together they aim to build Europe's leading outdoor experiences platform.

Jul 18Sat
Jul 16Thu
  1. PhocusWire All News

    Omio to acquire Rail Europe, secures $10M investment

    Omio Group has agreed to acquire Rail Europe, a global distributor of European rail tickets, with the deal expected to close in September. Separately, Omio received a $10 million strategic investment from Granite-Integral to expand in Japan and Southeast Asia. The acquisition will strengthen Omio's global rail capabilities and distribution network.

Jul 1Wed
Jun 19Fri
  1. PhocusWire All News

    Navan acquires Brazilian TMC Smartrips

    Navan has acquired Brazilian travel management company Smartrips, expanding its presence in Latin America. This is Navan's first acquisition since its IPO in October 2025. Terms were not disclosed. Smartrips, founded in 2017, provides corporate travel procurement and management services in Brazil.

Jun 15Mon
Jun 6Sat
Jun 4Thu
Jun 3Wed
  1. Travelport Press Releases

    Juniper Group acquires Deem from Travelport

    Juniper Group has announced the completion of its acquisition of Deem, a corporate travel management platform, from Travelport. Deem provides booking, procurement and trip management solutions for corporations and travel management companies worldwide. As part of Juniper Group, Deem will continue to operate independently under its current leadership team and brand. The acquisition was sponsored by Juniper Travel Technology. Travelport and Deem will continue to maintain a relationship following the transaction.

May 28Thu
  1. PhocusWire All News

    Lighthouse acquires Hotelrank.ai to boost hotel AI visibility

    Hospitality intelligence provider Lighthouse has acquired AI visibility platform Hotelrank.ai to add a measurement layer to its Connect AI solution. Hotelrank.ai offers real-time analytics showing hotels where they appear across AI platforms, their ranking compared to competitors, and whether AI agents direct travelers to book direct or through intermediaries. The acquisition comes as hotels grapple with how to manage and measure their presence on AI platforms.

May 20Wed
  1. PhocusWire All News

    Expedia Group to Acquire CarTrawler in Bid to Become B2B 'One-Stop Shop'

    Expedia Group announced an agreement to acquire CarTrawler to expand its B2B offerings, including car rental, ground transportation, and ancillary services. The transaction is expected to close in H2 2026. Expedia also launched an AI toolkit and Intelligent Experience Platform to help partners launch AI-driven travel booking experiences faster. The CarTrawler acquisition follows the Tiqets acquisition and aims to expand Rapid API beyond lodging to flights, cars, activities, and trip protection.

May 15Fri
  1. PhocusWire All News

    Travel tech news briefs: Emburse, Agoda, NextTrip and more

    This week's travel tech news includes: Emburse launches AI agent for automated expense reporting; Agoda launches multi-product booking engine; NextTrip appoints new CTO; Yanolja acquires Indian hotel platform InnKey; Lufthansa City Center partners with Acai Travel; Perk partners with CLEAR for airport services discounts. These developments showcase AI applications in expense management, booking, and hotel operations, as well as industry consolidation trends.

May 13Wed
May 8Fri
  1. PhocusWire All News

    Amadeus Reports Q1 Revenue, Operating Profit Increases

    Amadeus reported group revenue of nearly €1.7 billion in Q1 2026, up 3% year over year; operating income increased almost 3% to €475 million, and adjusted EBIT was up 4.5% to €500 million. The company said growth slowed in March due to the Middle East conflict. Amadeus plans to acquire biometric technology specialist Idemia for €1.2 billion, expected to close mid-year. The company also emphasized investments in AI and biometrics, aiming to become an orchestrator of an AI-enabled travel ecosystem.

May 6Wed
  1. PhocusWire All News

    Journey Acquires Experiences Platform Epicurate

    Hospitality loyalty startup Journey has acquired Epicurate to add experience packaging to its platform. Boutique hotels and short-term rental operators can sell experiences like private dining, wellness, and excursions through the same system, and travelers can book via the Journey app and earn rewards. Epicurate's founder joins Journey as head of dining and experiences. Journey also expanded its seed round to $15 million.

May 4Mon
Apr 29Wed
  2. Amadeus Newsroom

    Amadeus to Acquire IDEMIA Public Security for €1.2B

    Amadeus announces intention to acquire IDEMIA Public Security (IPS) for €1.2 billion to strengthen biometric and identity capabilities, creating seamless travel journeys. IPS employs ~3,300 and serves 600+ customers. Closing expected mid-2027, with earn-out up to €1.35 billion. This accelerates Amadeus' growth in airports and border verticals.

Apr 24Fri
  1. PhocusWire All News

    Lyft adds Gett's UK business to portfolio

    Lyft has acquired the UK business of London black cab app Gett for an undisclosed amount, expected to close in coming weeks. The acquisition enables Lyft to offer a range of ground transport options in London, from black cabs to bikes and chauffeur services. Lyft previously acquired Freenow and TBR Global Chauffering, and plans to test autonomous rides with Baidu in London.