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.
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?
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
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.
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.
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.
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.
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.
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.
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.
Toyota's California Plant Exit Makes Sense
September 17, 2009
It's Possible Berkshire Hathaway Could Help Kraft Acquire Cadbury
September 10, 2009
California's Impact on the Las Vegas Strip, City Center & the port of LA
September 8, 2009
Toyota Will Feel The Heat Of California Lawmakers In NUMMI Plant Closing
September 1, 2009
US Hotel Industry Recession Enters New Rate Erosion Phase
September 1, 2009