Mergers & Acquisitions

All Nippon Airways’ parent firm ANA Holdings recently acquired the remaining seven percent stake in Osaka-based low-cost carrier Peach Aviation from First Eastern Aviation Holdings in Hong Kong.

Mod Op, a full-service digital marketing agency known for driving client growth through creativity, data science, and innovation, announced its acquisition of Image Media, a premier experiential and events agency renowned for its large-scale corporate events and campaigns.

Kuwaiti low-cost carrier Jazeera Airways announced its plans to purchase six Airbus A320ceo aircraft, as part of its ongoing transformation and strategic growth.

Korean Air completed its acquisition of a major stake in Asiana Airlines on Thursday, 12th December, four years since it was first announced.

Quinta do Lago, Europe’s leading luxury lifestyle resort, has further increased its 5* offer with the acquisition of Conrad Algarve.

The Artisan Travel Group is delighted to announce the successful acquisition of escorted tour specialist Travel Editions, a leader in cultural tours with a rich history of creating exceptional experiences for “travellers, not tourists.”

CDS Groupe, the French leader in hotel booking and payment solutions for corporate clients and travel management companies (TMCs), has announced the acquisition of SIAP

GlobalData released it’s most recent report on global travel and tourism deal activity, noting a 10.4 percent year-on-year decrease in merger and acquisition activities.

MakeMyTrip announced that it has signed a Business Transfer Agreement to acquire Happay Expense Management Platform from CRED. 

HID, a worldwide leader in trusted identity solutions, today announced it has acquired IXLA, an Italian manufacturer of advanced laser and color personalization systems for cards and passports.

Global hospitality firm Accor accelerated its growth within Asia this year by securing 27 hotel signings and 8,117 keys within the region. 

Global hospitality network BWH Hotels officially expanded its portfolio in Vietnam with the signing of an elegant new BW Premier Collection resort nestled directly on the beach in Phan Thiet, on the country’s stunning southeast coast.

KS Hotels and HMD Asia announced their acquisition of Belmond’s iconic La Résidence hotels, located in the charming towns of Luang Prabang in Laos and Siem Reap, Cambodia.

Travel technologies developer Traveltek announced that it has been acquired by the Juniper Group.

CapitaLand Ascott Trust (CLAS) entered into an agreement to divest Somerset Olympic Tower Tianjin in China to an unrelated third party.  

Accor strengthened its footprint in Vietnam with the recent signing of Mercure Nha Trang which opens late next year. 

Capital A announced that shareholders voted in favour of the proposed disposal of the Group’s aviation business to AirAsia X.

BLS International Services Limited (“BLS”), a global tech-enabled service provider for governments and citizens,  announced the successful completion of its acquisition of 100% stake in Citizenship Invest (CI), a Dubai-based firm specializing in fast-track investor programs for residency and citizenship across more than 15 countries.

CapitaLand Ascott Trust (CLAS) divested Citadines Karasuma-Gojo Kyoto in Japan to an unrelated third party for about JPY6.18 billion.

Cendyn, a global hospitality cloud-based technology company, has acquired Knowland, the US-based leader in data-as-a-service intelligence on meetings and events for hospitality.