BTN's annual answer book for business travel managers.
etc.venues: Fenchurch Street - March 28, 2019
Hilton San Francisco Union Square - April 2, 2019
Loews Minneapolis Hotel - April 18, 2019
The BTN Group wrote about 35 acquisitions in 2018, led by Wyndham's $1.95 billion acquisition of La Quinta. The following acquisitions either have closed or are pending heading into the new year.
Air TransportationRyanair acquired LaudamotionUnited agreed to acquire ExpressJet (deal pending)VistaJet owner bought XOJet
DistributionATPCO acquired RoutehappySabre agreed to acquire Farelogix (deal pending)Siris Capital Group & Evergreen Coast Capital agreed to acquire Travelport (deal pending) (published by The Beat, subscription required)
Ground TransportationBusBank acquired BusterEmpireCLS acquired Wilshire Chauffeured ServicesLeros Point to Point acquired Royal Coachman Worldwide
Industry AssociationGBTA acquired WINiT
Hyatt Hotels Corp. acquired Two Roads HospitalityJin Jiang International Holdings consortium acquired a majority stake in Radisson HoldingsInterContinental Hotels Group bought a majority stake in Regent Hotels & ResortsRLH Corp. bought Knights InnWyndham acquired La Quinta
Meetings & EventsCvent acquired:
Payment & ExpenseAmerican Express acquired MeziCertify acquired AbacusCertify acquired CaptioSerko acquired InterpIX (deal pending)Visa acquired Fraedom
Travel Management CompaniesAmex GBT acquired Hogg RobinsonBCD bought majority stake in Colombia AffiliateCTM acquired Lotus Travel GroupFlight Centre agreed to acquire Casto's U.S. operations (deal pending)Ovation Travel Group acquired Chartwell Travel (published by The Beat, subscription required)Reed & Mackay acquired Hillgate TravelTravel and Transport assumed full ownership of Radius Travel
What have we missed? Email Dawit Habtemariam.
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