M&A Deal Summary

HotelPlanner.com Acquires Travel-Ticker.com

On April 11, 2017, HotelPlanner.com acquired internet software and services company Travel-Ticker.com from Hotwire

Acquisition Highlights
  • This is HotelPlanner.com’s 5th transaction in the Internet Software and Services sector.
  • This is HotelPlanner.com’s 1st transaction in United Arab Emirates.

M&A Deal Summary

Date 2017-04-11
Target Travel-Ticker.com
Sector Internet Software and Services
Buyer(s) HotelPlanner.com
Sellers(s) Hotwire
Deal Type Divestiture

Target

Travel-Ticker.com

United Arab Emirates
Travel-Ticker.com is an online travel website offering the best insider deals on hotel accommodations and information about travel trends. Travel-Ticker.com was established in 2006 and is headquartered in UAE.

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Buyer(S) 1

Buyer

HotelPlanner.com

West Palm Beach, Florida, United States

Category Company
Founded 2004
Sector Internet Software and Services
DESCRIPTION

HotelPlanner.com is a provider of online group hotel bookings and a leading provider of individual hotel bookings. HotelPlanner.com was founded in 2004 and is based in West Palm Beach, Florida.


DEAL STATS #
Overall 5 of 10
Sector: Internet Software and Services M&A 5 of 10
Type: Divestiture M&A Deals 1 of 1
Country: United Arab Emirates M&A 1 of 1
Year: 2017 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-28 InternetHotels.com

United States

InternetHotels.com is an online hotel reservations provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-01 backbid.com

United States

backbid.com is a hotel booking site that allows hotels to directly bid on business, providing travelers with the best rooms at the best price. BackBid has been in business since 2011 and has gained wide recognition among top-tier media, including Financial Times, ABC News, Travel + Leisure, Boston Globe, FOX, CBS News, USA Today, and countless others. With a common ethos to help customers find the best hotel room at the lowest available price.

Buy -

Seller(S) 1

SELLER

Hotwire

San Francisco, California, United States

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Hotwire is a discount travel website that offers low-prices on airfare, hotel, rental car, and vacation packages by selling off unsold travel inventory at a discounted price. Hotwire was founded in 1999 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Arab Emirates M&A 1 of 1
Year: 2017 M&A 1 of 1