3 Acquisitions in the Hotel industry - Flippa

Company acquisitions in the Hotel industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 3 acquisitions that took place in the Hotel industry.

Elegant Resorts acquired by Seera

Details about the transaction:

Acquisition amount: $23,339,356

Announcement: 6 February 2014

Details about the company:

A travel agency called Elegant Resorts exclusively provides the best hotels and exceptional customer service for opulent experiences.

Headquarter:

Where to find them: Website

Industry: Hospitality, Hotel, Leisure, Lifestyle, Travel, Travel Accommodations

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Knights Inn acquired by Red Lion Hotels

Details about the transaction:

Acquisition amount: $27,000,000

Announcement: 4 April 2018

Details about the company:

Knights Inn offers affordable online hotel and motel room reservations.

Headquarter:

Where to find them: Website

Industry: Hospitality, Hotel

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

VIP Clubs | Taiwan acquired by VIP Global | Our Focus is You

Details about the transaction:

Acquisition amount: $6,800,000

Announcement: 31 December 2015

Details about the company:

A luxury resorts and private mansion rental and lease management firm with a passion for quality control, VIP is established in Taiwan.

Headquarter:

Where to find them: Website

Industry: Commercial Real Estate, Hospitality, Hotel, Media and Entertainment, Real Estate, Real Estate Investment

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

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