Travel + Leisure Co. agrees to acquire Accor Vacation Club

Travel + Leisure Co. Continues Brand Portfolio Expansion with Acquisition of Accor Vacation Club

Travel + Leisure Co., a leading membership and leisure travel company, announced an agreement to acquire the vacation ownership business of global hospitality giant Accor for US$48.4 million. The acquisition is expected to close in the first quarter of 2024 and to be immediately accretive to Travel + Leisure Co. earnings upon completion. Under the terms […]

Travelshift raises USD 10 Million capital from existing shareholders

map-world-with-money-magnifying-glass (Image by Freepik)

Travelshift, the leading online travel agency (OTA) in Iceland has raised $10 million USD of capital from existing shareholders, raising the total funding amount to $30 million USD. The financing represents a vote of confidence from Travelshift’s current investors in the company’s growth trajectory and future potential. According to Harshal Chaudhari, President, and Chief Investment […]