Travel Technology news and trends

Elliott Management Backs SPAC Deal for Travel-Tech Company Mondee
Investments // April 24, 2022

Elliott Management, a hedge fund, will be investing in a special purpose acquisition company (SPAC), even as those have lost much of their appeal, a Financial Times report said Sunday (April 24). Get the Full Story Complete the form to unlock this article and enjoy...

Amadeus Reportedly In Talks With TravelClick Amid Industry Shift
Partnerships / Acquisitions // August 01, 2018

With companies in the travel industry starting to see payment innovation as a long-term investment instead of a short-term cost, Amadeus IT Group is reportedly in talks to potentially acquire hotel reservation system provider TravelClick. TravelClick could bring in as much as $3 billion, but...

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Venture Capitalist Steve Singh and Growth Investors Acquire Direct Travel

April 02, 2024
Venture capitalist Steve Singh and a group of growth investors have acquired corporate travel management firm Direct Travel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Elliott Management Backs SPAC Deal for Travel-Tech Company Mondee

April 24, 2022
Elliott Management, a hedge fund, will be investing in a special purpose acquisition company (SPAC), even as those have lost much of their appeal, a Financial Times report said Sunday...