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Mergers and acquisitions

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Gray Dawes acquires Dutch TMC as part of continued expansion
According to Gray Dawes Group boss Suzanne Horner, the acquisition will only strengthen the company’s position and global offering
Kuoni parent snaps up family-run villa specialist Solmar
Kuoni parent snaps up family-run villa specialist Solmar
Der Touristik UK plans to make Solmar’s 1,600+ villas available to book through all 27 Kuoni stores, and has pledged to grow the brand into ‘the largest villa operator out of the UK’
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Travel Counsellors acquires itinerary management platform Planisto
Homeworking giant confirms second major acquisition in less than 12 months
The Big Question: Is there a future for private jets in travel?
£150m travel agency attracts attention of leading private equity firms
TAG, formerly known as The Appointment Group, organises travel itineraries for pop stars including Lady Gaga and Rihanna
Travel and tourism deal activity plummets year-on-year, data shows
Travel mergers and acquisitions on the rise again, says advisory firm
Grant Thornton reports increase in the number of UK travel mergers and acquisitions in the third quarter
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Halsbury Travel Group acquires venerable Scottish school tour operator
IBT founder Iain Black said he was “delighted” about the deal
(Credit: Heathrow airport)
Heathrow owner Ferrovial sells majority stake for $3bn
Ferrovial has agreed to sell 15% to French private equity Ardian and 10% to Saudi Arabia’s Public Investment Fund
Irene Hays will name P&O's new ship Iona and serve as its godmother
Dame Irene Hays: ‘We've acquired some exceptional people at Travel House’
Hays Travel owner reveals to TTG the independent’s plans for its latest acquisition, stressing the importance of an orderly transition and ensuring the Travel House team are ‘happy, confident and feel safe’
Dame Irene Hays: ‘We've acquired some exceptional people at Travel House’
Hays Travel acquires south Wales miniple Travel House
Travel House, which has 16 shops across south Wales, became a member of the Hays Travel Independence Group in 2021
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Clarity Business Travel completes deal to buy TTG Top 50 agency Agiito
As part of the deal, Clarity has also acquired B2B rail ticketing platform Evolvi
Luxtripper suspends operations amid race to secure new funding
The luxury operator has suspended operations amid a financial restructure
Skiing in the Aletsch Arena. Credit: Switzerland Tourism / Silvano Zeiter
UK chalet operator sold to property tech firm
Ski Verbier Exclusive has a portfolio of chalets in the Swiss Alps
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Attraction World exec team take stakes in group following US-backed buyout
Chief operating officer Justin Mahoney hails the attraction ticket specialist’s buyout by a newly formed consortium as ‘game-changing’ for agents
Barrhead parent: 'There's a huge opportunity for high street growth over the next five years'
Barrhead parent: 'There's a huge opportunity for high street growth over the next five years'
John Lovell, president of Barrhead’s parent company Travel Leaders Group, has reiterated his support for the Scottish agency
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Fred Olsen Travel acquires Ipswich-based agency and takes on staff
Idelo Travel owners Andrea and Antony Powell decided to sell their business after 10 years so they could retire
TAP has lost its chief executive in the run-up to privatisation
Portuguese government to sell majority stake in national carrier Tap
Finance minister Fernando Medina said the cabinet had approved the sale of 51% of the company, while giving employees a 5% stake, opening the carrier up to being privatised
The essential insights you need to plan for peaks and get ahead in 2024
'The booking waiting game' and six other 2024 trends
Industry experts gave their outlook on the months ahead at TTG’s Agenda 2023 Autumn Breakfast
The rise of the online travel agent
European Commission vetoes €1.6bn OTA merger
The commission said Booking.com parent Booking Holidays proposed acquisition of Etraveli Group would have resulted in it ’further consolidating is position in the market’
‘I was a mess!’: agency owner's shop floor tears of pride after selling up
‘I was a mess!’: agency owner's shop floor tears of pride after selling up
Don Bircham opened his first shop in the north Wales town of Mold in 2000; 23 years later he approached Dame Irene about selling up
Travel and tourism deal activity plummets year-on-year, data shows
Socio-economic headwinds lead to fall in travel and tourism deals worldwide
Inflation and recession fears have led to a fall in the volume of travel and tourism business deals worldwide, data shows
Wexas sells corporate travel division to Good Travel Management
The sale, for an undisclosed sum, includes both the purchase of the corporate client base as well as the transfer of 21 employees
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UK's largest OTA Loveholidays refutes rumours of £1bn sale talks
A company spokesperson told TTG on Thursday (24 August) a sale process was “not on the horizon”
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Clarity Business Travel acquires TTG Top 50 shortlisted agency Agiito
Clarity said the newly-combined business would be jointly headed up by the two firms’ executive teams, spearheaded by Clarity chief executive Pat McDonagh
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Aito members upbeat but still facing post-pandemic challenges
Aito members detail upbeat outlook but voice concerns over staffing and contracting