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GLG News by Travel Industry Consultants

Timothy O'Neil-DunneManaging PartnerT2Impact Ltd. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Carlyle and Arinc - New trend or old trend?

July 16, 2007

AMR, UAL to Sell Stakes in ARINC to Carlyle Group | online.wsj.com

Arinc is one of the last few Airline Owned Not for Profit companies left. This is a more traditional PE type deal with simple values - no blockbuster here.

Timothy O'Neil-DunneManaging PartnerT2Impact Ltd. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Crowded Market for premium services Transatlantic - Room for BA and Virgin?

July 16, 2007

British Airways May Start All-Premium Services Between U.S., EU | www.bloomberg.com

Crowded market with new entrant and established players already offering services Are BA and Virgin going to be able to leverage their bulk and skills in this very niche sector?

Christopher Dane, President-HRG Afilliates, LLC

Christopher DanePresident-HRG Afilliates, LLCHOGG ROBINSON GROUP P L C What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Blackstone's Probably Won't Put Others in Play...

July 6, 2007

Will Blackstone’s Hilton Deal Put Others in Play? | online.wsj.com

* Blackstone/Hilton deal is unique on several levels * Hotel Industry metrics have probably peaked in terms of RevPAR. * New Construction in the piptline is at an all time high * Starwood's management is weak and no apparent strategy. *  Marriott is not about to sell the family business

Christopher Dane, President-HRG Afilliates, LLC

Christopher DanePresident-HRG Afilliates, LLCHOGG ROBINSON GROUP P L C What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Marriott Knows What They Are Doing

June 18, 2007

Strange Bedfellows: Marriott, Schrager | online.wsj.com

•Marriott is very good at managing multiple brands. •Marriott has successfully kept brands/cultures separate. •Marriott Needed a boutique brand. •Marriott has a history of success in developing brands.

Christopher Dane, President-HRG Afilliates, LLC

Christopher DanePresident-HRG Afilliates, LLCHOGG ROBINSON GROUP P L C What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Increasing CAFE standards is not the answer

May 7, 2007

CAFE Break | online.wsj.com

* CAFE  standards never had the intended outcome.
* relies on something to happen in the future when what is needed something for today.
*  Making car makers accountable for conservation rather than the end user is illogical.
*  Drivers are ultimately responsible for conservation.
*  The solution is to follow the Europeans...charge what the charge for fuel and invest that money into the highway and road infrastructure.

Timothy O'Neil-DunneManaging PartnerT2Impact Ltd. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Another robust quarter for the Hotel industry but is it sustainable?

April 27, 2007

Earns Preview: Starwood Hotels & Resorts | www.forbes.com

Expect another good quarter's report from major chains with US focus.

Clouds emerging on horizon
Domestic occupancy growth will be constrained by Airlines constraining travel
Price burnout particularly in major metros like New York
Softness in business travel offset by increased external tourism.

Timothy O'Neil-DunneManaging PartnerT2Impact Ltd. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

LCCs to morph into Hybrid Value Carriers (HVC)

April 13, 2007

LCCs to morph into Hybrid Value Carriers (HVC) | www.t2impact.com

Low Cost Carriers are the darlings of the investor community Anyone backing an airline takes huge risks particularly with legacy airlines Are they coming together? This analysis looks at the emergence of a new class of airline - HVC - the Hybrid Value Carrier.

Chicke Fitzgerald, Chief Executive Officer

Chicke FitzgeraldChief Executive OfficerSolutionz Group International, Inc. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Iberia offer by TPG - Back door to Amadeus???

April 13, 2007

Iberia board to study TPG Capital offer | www.breakingtravelnews.com

Iberia is one of the owners of Amadeus, currently the #1 Global Distribution System in the world.  TPG most recently purchased Sabre, the #1 Global Distribution System in the largest GDS market in the world, the US.

TPG also has an interest, through its venture arm, in G2Switchworks, one of the early GDS New Entrants (otherwise known as GNEs). 

So could this be a back door move to buy a share in Amadeus, in order to merge Amadeus, G2 and Sabre?d

Time will tell.

Chicke Fitzgerald, Chief Executive Officer

Chicke FitzgeraldChief Executive OfficerSolutionz Group International, Inc. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Private Equity now dominates ownership of Global Travel Distribution companies

March 30, 2007

Silver Lake and TPGN Complete Acquisition of Sabre Holdings | news.morningstar.com

All four GDS companies are now operating on a similar playing field, all owned by private equity companies.

Cost cutting and surfacing operating efficiencies is generally the order of the day for the companies purchased by private equity firms. 

The industry is watching with a careful eye to see the impact of TPG and Silver Lake's purchase of the Sabre Group.


Chicke Fitzgerald, Chief Executive Officer

Chicke FitzgeraldChief Executive OfficerSolutionz Group International, Inc. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

GDS - and then there were three.......Travelport and Worldspan to merge

December 7, 2006

Travelport Ltd. and Worldspan, L.P. to Merge to Create Leading Travel Solutions Company | www.prnewswire.com

On the B2B side, this will make the combined entity the #1 player in the global GDS space, based on both revenues and billable bookings, the traditional measure of success in the GDS world.  Once the merger is approved by regulatory authorities, the combined entity will have 63,000 travel agency locations and will service over 750 travel suppliers.

When the merger is final, it will put Sabre in the #2 spot in the US for the first time in its nearly 30 year company history and will knock Amadeus out of its #1 global spot.

Travelport also owns Gullivers Travel, Orbitz, eBookers, Trust/Wizcom, aiRes and Cheaptickets and provides IT services to United Airlines.  Worldspan powers Expedia, Priceline and Orbitz and provides airline IT services to Northwest and Delta.

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