ICYMI: The company picks up two sites in Missouri. #travelcenter #acquisition #CSNewsOnline
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Host travel agency InteleTravel has hired former Rocketrip president Kim Andreello to lead corporate strategy for both InteleTravel and global corporate travel alliance Hickory Global Partners, the company announced. Andreello has been named VP of corporate development and strategy for InteleTravel and Hickory, working to create strategic plans for the brands, including potential acquisitions and alliances. He is working with both InteleTravel CEO James Ferrara and Hickory president Chris Dane.
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Broadfield advises Artisan Travel on acquisition of Travel Editions #ArtisanTravel #TravelEditions #Acquisition #PrivateEquity #TravelExperiences #MergersAndAcquisitions #ATOL #TravelSector #ExpertAdvice #ExtraordinaryExperiences
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An interesting article on M&A in the tourism industry. Following a prolonged period of limited mergers and acquisitions interest in outbound travel, the tide has turned this year, with 2024 expected to be the year where travel sector activity – particularly outbound travel M&A – returns to pre-pandemic levels. #TravelIndustry #MergersAndAcquisitions #BusinessTrends
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SC Capital Holding Expands Its Footprint in Central Europe Through Strategic Hotel Acquisitions: The Swiss-based investment group fosters the expansion of the hotel business by committing itself to sustainability and innovation. With a goal to position itself as a leading investment group in the hospitality industry, SC Capital Holding is systematically acquiring properties … Continue reading → #Business #Finance #FinancialMarket #Technology #US
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The Centennial Edition of CEO Bill Yeargin’s book, Making Life Better, is now available. This special edition includes bonus content on navigating the challenges of the pandemic, expanding through strategic acquisitions, and surpassing one billion dollars in annual sales. Read more below! #MakingLifeBetter
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Trevello Expands Into U.S. With Strategic Acquisition Trevello World Holdings, parent company of Trevello Canada, has acquired U.S.-based host agency, Gifted Travel Network, signalling its foray into the U.S. market.
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Hardman & Co publication on #InitiationofCoverage: accesso Technology Group (ACSO) - Unique solutions provider to global leisure industry. accesso provides technology solutions to the global leisure and attractions industry, servicing more than 1,200 venues across 34 countries. While the share price slumped from late 2018 and bottomed during the pandemic, the group is now on a new footing. Following a five-year break, the company has made four acquisitions to help drive fresh momentum. These acquisitions add functional breadth to the offering as well as increased geographical spread. The company has a unique business profile and a leading market position, supported by healthy cash generation and a strong balance sheet. Despite the recent rally, at 15x our FY26e earnings, the rating remains well below the heady days of 2014-18. Download the full report here: https://lnkd.in/eqZeMEpQ #research #investing #technology #computersoftware #software *We highlight the relevant business risks in the note.
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Breaking news in the travel industry! Viking Holdings Ltd., a renowned luxury cruise operator, is gearing up for a historic $1.1 billion IPO in New York. As the world reopens to travel, Viking's decision to go public signals a significant milestone in the industry's recovery. Learn more about this exciting development and its implications for the future of travel at https://lnkd.in/dZmZFZYw #VikingHoldings #IPO #TravelIndustry #BusinessNews"
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Latest M&A Activity in the Yacht Industry: A New Wave of Growth 🚤📈 The yacht industry continues to evolve, with mergers and acquisitions (M&A) playing a pivotal role in shaping its future. Recent high-profile M&A deals in the maritime sector indicate a growing trend of consolidation, technological integration, and sustainability-focused investments. These strategic moves are setting the stage for innovation, market expansion, and more personalized experiences for yacht owners and clients alike. Key Trends in Recent M&A Deals: 1️⃣ Technological Integration: Acquisitions involving technology companies are on the rise, as yacht manufacturers look to integrate cutting-edge innovations such as smart navigation systems, hybrid propulsion, and advanced hull designs to enhance yacht performance and sustainability. 2️⃣ Sustainability Focus: Several recent M&A deals have centered around companies focusing on sustainable practices—ranging from eco-friendly materials to green propulsion systems. This shift is not only market-driven but also responds to increasing consumer demand for environmentally conscious options in the luxury sector. 3️⃣ Expanding Product Portfolios: Yacht companies are acquiring smaller players with unique design capabilities, specialized technologies, or niche offerings. These strategic acquisitions allow them to diversify their product portfolios, offer more customization options, and stay competitive in the ever-evolving market. 4️⃣ Geographical Expansion: The growing demand for luxury yachts in emerging markets like Asia and the Middle East is leading to cross-border acquisitions. Global players are expanding their reach to cater to the increasing interest in yacht ownership and chartering in these regions. 5️⃣ Enhancing Customer Experience: M&A activity in the yacht charter and brokerage sectors highlights a shift towards offering more personalized and high-end services to clients. By combining resources, companies can provide exclusive experiences that cater to the evolving preferences of luxury travelers. Why It Matters The latest M&A activity in the yacht industry is not just about expanding market share; it’s about shaping the future of yachting through innovation, sustainability, and exceptional service. As the industry adapts to new market demands, these strategic moves pave the way for a more interconnected and future-focused maritime world. Are you following the latest trends in yacht industry M&As? Share your thoughts or insights below! 🌊⚓ #YachtIndustry #MergersAndAcquisitions #InnovationInYachting #Sustainability #LuxuryYachts #BusinessGrowth
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🚢 Viking Holdings Sets Sail for IPO Valued at $10.8 Billion! 📈 Hey there, today I'd like to discuss one interesting event, which is Viking Holdings' upcoming IPO. let's delve into what this IPO entails and what it could mean for investors. Viking is aiming for a valuation of up to $10.8 billion, which shows they're confident about their business. Plus, big investors like Norges Bank are showing interest, which to me seems like a good sign. This IPO comes at a time when the capital markets are bouncing back, especially in the travel sector. Also, Viking's plans to offer voyages to places like Antarctica and the Arctic could be very appealing to travelers. Overall, Viking Holdings' IPO looks promising, but it's important to weigh the pros and cons before jumping in. As always, careful research and consideration are key when it comes to investing. #IPO #NYSE #Viking #Travel #Investing #Economy #Stocks #UBS Read more: https://lnkd.in/d_9Nxn_9
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