The travel industry makes a move
10/09/2013
Diego Gutiérrez
The travel industry makes a move

Over the last few months the travel and hotel sector has been involved in a series of transactions acquisitions by large groups. It is a good thermometer of the high level of competition in the sector and the need to seek advantages through the incorporation of differential technology.

Leading Groupon buys Blink, last-minute hotel offers

According to Loogic, Blink the Spanish startup founded by Rebeca Minguela, has been acquired by the American giant Groupon. Blink has a very important international component and investors such as Kibo VenturesThe company's investors also include business angel Carlos Domingo and a number of international investors. Its investors also include business angel Carlos Domingo and a number of international investors.

"Blink had been like many Spanish companies when they had to make the international leap. They began to face a lot of competition and with a much smaller wallet than their American competitors. The company had raised a total of 2.5 million dollars in investment compared to the 80 MM$ of its competitors. HotelTonightanalyses Diego GUtierrez, an expert in alternative financing at ABRA INVEST.

Flight search engine Skyscanner buys hotel metasearch engine Fogg

Fogg was founded in 2009 in Barcelona and is directed by Carlos González. The website is characterised by offering a hotel meta-search engine that uses NLP (natural language processing) to offer users the best possible results, avoiding them having to use many filters to find what they are looking for. It is also worth highlighting the important international presence of this project, as it offers its service in more than 10 countries. I have no doubt that this international vision is one of the fundamental aspects for the success of any Spanish startup at the moment.

How is hotel reputation measured?

Reputation analysis is nowadays more and more taken into account by all marketing and communication professionals. Last year, the leader in brand reputation analysis in the Spanish-speaking world, Brandrain received more than €1 million from Inveready through its crowdfunding platform. Investors have not lost their focus on the travel sector, Active Venture invested a few months ago in Reviewpro's reputation vertical for the hotel sector.

Lastest news

Amazon’s strategic acquisitions in 2024: A comprehensive analysis

En 2024, Amazon dio grandes pasos en la expansión de sus capacidades y su influencia en el mercado a través de una serie de adquisiciones de alto perfil. Estas adquisiciones reflejan el compromiso continuo de Amazon con la innovación, la diversificación y el dominio...

Transactions in the Advertising sector - Q3 2024

El sector Advertising continúa demostrando su dinamismo con transacciones recientes que subrayan su relevancia en el ámbito de Media Entertainment y publicidad. Estas operaciones, muchas de ellas con participación de actores internacionales, reflejan objetivos...

Do you want to sell or buy a company?

We are experts in M&A transactions in the technology sector.

Subscribe to our newsletter

Request for information

If you want to buy or sell a company, or need more information about our services, do not hesitate to contact us through the form.

Or if you prefer, call us at:

+34 946 42 41 42