Contact

Mergers in the tourism sector


Integral service around a transaction
BY : Diego GutiérrezApril Thu, 2014
mergers and acquisitionsIn recent years, the tourism sector has undergone several changes, one of which has been the use of new technologies by customers to find out about the wide variety of offers and organise their trips. This has revolutionised the tourism offer, which has wanted to take advantage of this great opportunity, carrying out numerous purchasing operations to adapt to the technological market or to take advantage of the opportunity that the Internet gives to open up to new geographical markets.

 

Mergers and Acquisitions to take advantage of market opportunities.

La China ToursForFun was acquired by the also China  Ctrip  in January 2014, by $100M.ToursForFun, established in 2006, is an online travel provider that provides online shopping experience for all travel needs. It focuses on overseas travel and holiday packages in North America, Europe, Asia, Australia and New Zealand, and South and Central America. Ctrip is China's leading travel company with a wealth of experience. Founded in 1999, it has been able to incorporate new technologies into its business model, and the purchase of the ToursForFun platform is proof of this.

Last February of this year 2014, EasyToBook.com was acquired by MakeMyTrip.com by $5 M. EasyToBook.com which is based in Amsterdam, offers more than 106,681 hotels in over 10,000 destinations around the world. A site for all those who need to make a hotel booking with the best prices and availability.MakeMyTrip.com, online travel company in India. Provides booking services for flights, hotels, and buses; and holiday packages and travel guides.

Mergers and acquisitions in the tourism sector in Spain

In Spain there have also been a number of operations in the tourism sector. Many of them have been bought by foreign companies such as TouristEye y Fogg.
Spain's TouristEye has been bought by Australian company Lonely Planet in November 2013 and Skyscanner bought the Fogg Hotel Finder.

Tourist Eye is an application for iPhone and Android to share experiences among travellers and, above all, to save costs on data tariffs when leaving the country of origin.

"Tourist Eye had received 600,000 dollars in various financing rounds of Spanish and foreign business angels including 500StartupsGonzalo Ruiz Walter Kobylanski and Plug & Play Ventures" says Diego Gutierrez , an expert in alternative financing of the group. Abra Invest.

The hotel search engine Fogg was founded in 2009 in Barcelona and is run by Carlos González. The website is characterised by offering a hotel meta-search engine that uses NLP (natural language processing) to offer users the best possible results, avoiding them having to use many filters to find what they are looking for.
"Skyscanner had already bought the London platform Zoombu in 2011," says Diego Guiterrez.

Other posts that may be of interest to you

The travel industry makes a move

EmprendeturI+D+I Programme

Emprendetur Programme Young entrepreneurs

If you want to know more or if you think we can help you, do not hesitate to contact us.

The M&A Professionals

Meet our services

MEET
OUR
METODOLOGY

Do you want to be up to date?

SUSCRIBE OUR NEWSLETTER

Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?

M&A NEWS
INDUSTRIAL REPORTS
closearrow-circle-o-downchevron-downcrossmenu