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Amadeus Agrees To Acquire TravelClick for $1.52 Billion

Amadeus Agrees To Acquire TravelClick for $1.52 Billion

MADRID—Amadeus has agreed to acquire TravelClick from Thoma Bravo, a private equity investment firm, for $1.52 billion. As part of the acquisition, approximately 1,100 TravelClick employees are expected to join Amadeus. TravelClick, which is headquartered in New York City, is ...

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Study: 2017 A Record Year for GDS Hotel Bookings

Study: 2017 A Record Year for GDS Hotel Bookings

NEW YORK–Travel agents are continuing to report a record use of global distribution systems (GDS) to make hotel reservations, according to a study of 900 travel agents in 52 countries by TravelClick and market research firm Phoenix Marketing International. The ...

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Growth Greets North American Hoteliers in New Year

Growth Greets North American Hoteliers in New Year

NEW YORK—As North American hoteliers kick off the early months of 2017, most travel segments are experiencing healthy average daily rate (ADR) and committed occupancy gains in both the first and second quarter of 2017, according to new data from ...

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