Travel Industry Wire - Development News Development Travel Industry News EN Travel Industry Wire - Development News The Priceline Group Announces the Acquisition of PriceMatch The Priceline Group (NASDAQ: PCLN) announces the acquisition of PriceMatch, a leading cloud-based data and analytics solution for hotels. Terms of the deal have not been disclosed. Mon, 11 May 2015 11:25:44 EST Flight Centre Travel Group Poised for Mexico Expansion With Pending Acquisition of Koch Overseas De Mexico Flight Centre Travel Group (FCTG) has signed a preliminary agreement to acquire Mexico City-based Koch Overseas de Mexico, a corporate travel management business with a rich history in the country dating back to 1950. The deal is expected to be finalized by in the coming months, upon ratification by the FCTG board. Tue, 5 May 2015 17:43:10 EST Mexico President Enrique Pena Nieto Applauds Grupo Vidanta for $1.3 Billion Investment in New Tourism Offerings for Mexico Private developer Grupo Vidanta fueling job growth and attracting millions of tourism dollars with new luxury resorts, golf courses and theme parks animated by Cirque du Soleil Mon, 13 Apr 2015 12:04:26 EST Forbes Travel Guide Launches Headquarters in London As It Expands Further into Europe Names Chris Fradin Vice President of Client Services for Europe Tue, 31 Mar 2015 10:13:15 EST Advantage Rent A Car to Acquire E-Z Rent-A-Car The combination will reaffirm Advantage’s position as the fourth largest rental car company in the United States and provide greater service and product options to the consumer in the $25 billion U.S. auto rental industry. Through a network of 85 locations, the combined company will capitalize on its presence in 22 of the top 25 U.S. airports and its collective resources to deliver more choice and better value to consumers. Wed, 18 Feb 2015 17:38:51 EST Expedia Increases Ownership in AirAsia-Expedia Joint Venture Expedia, Inc. (NASDAQ: EXPE) announced yesterday that it has entered into an agreement with AirAsia Berhad to purchase an additional 25% equity interest of AAE Travel Pte. Ltd., the joint venture formed between the two companies in 2011, for cash consideration of $86.3 million. This investment will increase Expedia's total ownership in the joint venture to 75%. Tue, 17 Feb 2015 09:56:20 EST SkyMall May Rise in the Hands of Former Advertiser Gadget clothing company SCOTTeVEST makes a move to acquire - or replace - the bankrupt SkyMall catalog in airline seat back pockets everywhere Thu, 29 Jan 2015 13:48:59 EST Adelman Travel Acquires Plaza Travel Adelman Travel today announced it has acquired Plaza Travel, Inc., a Dallas, Texas-based travel agency. Wed, 14 Jan 2015 14:24:00 EST Direct Travel, Inc. Announces Agreement to Acquire Child Travel | Albany Travel Direct Travel, Inc. announced that it has acquired Child Travel | Albany Travel (Child Travel) of Burlington, Vermont and Albany, New York. This move marks the company's fourth acquisition this year, and comes just months following their announcement of the acquirement of Hurley Travel Experts of Portland, Maine. Mon, 27 Oct 2014 13:41:13 EST Over $87 Million in New Hotel Investment Announced for Quito, Ecuador A deal to develop and franchise eight hotels in the country under Wyndham Hotel Group brands over 10 years. Thu, 23 Oct 2014 09:44:48 EST Hertz Reaches an Agreement-in-Principle With Carl Icahn to Add Three Directors Company to Add Vincent J. Intrieri, Samuel Merksamer and Daniel A. Ninivaggi to Hertz Board of Directors - Company Will Also Amend Shareholder Rights Plan - Company to Have a Nine Person Board Mon, 15 Sep 2014 11:47:54 EST Dubai Airports Welcomes Sheikh Mohammed’s Approval of $32bn DWC Airport Expansion Plan Dubai Airports today welcomed the announcement by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai endorsing the AED120bn (US$ 32bn) expansion of Al Maktoum International at Dubai World Central (DWC) which will ultimately accommodate more than 200 million passengers a year. Mon, 8 Sep 2014 12:54:48 EST ITC Luxury Travel Management Buy Out Jennifer Atkinson, CEO of ITC Luxury Travel, the UK’s leading independent luxury tour operator, today announced that she has completed a management buy-out of ITC, backed by Paul Pindar, with banking provided by Santander. Thu, 7 Aug 2014 07:56:21 EST Hertz Continues Expansion Of Neighborhood Locations Throughout The U.S. The Hertz Corporation (NYSE: HTZ) continues to add to its neighborhood market network with the opening of another 17 Hertz Local Edition locations in 13 states (listed below). Mon, 4 Aug 2014 17:33:44 EST Carlson To Take Full Ownership of Carlson Wagonlit Travel Carlson, a global hospitality and travel company, today announced that it has entered into a definitive agreement to acquire from JPMorgan Chase & Co. (JPMC), the 45 percent equity interest JPMC indirectly holds in Carlson Wagonlit Travel (CWT). Mon, 23 Jun 2014 07:15:06 EST The West End Airport, Grand Bahama Island Now Open The West End Airport (MYGW) is a private airport which reopened for use on June 1, 2014. The airport opens Old Bahama Bay Resort & Yacht Harbour and the idyllic destination of West End, Grand Bahama Island to private pilots and charter operators. Thu, 12 Jun 2014 09:03:52 EST