The travel industry, digested. Curated opinion on hotels, airlines, OTAs and travel-tech.
Investment & M&A · Home
Read → French firm Extendam adds three 4-star hotels in Madrid and Barcelona to its portfolio, reaching 35 properties in Spain.
Read → Listed hotel chains outperform airlines and OTAs in stock returns, according to the BEACH index. Is this a turning point for travel investors?
Read → One year later, AI rewrote the integration plan and the earn-out is nearly 100% met.
Read → A family office has purchased Barcelona's Murmuri Residence Concepció for 8.2 million euros, advised by Cushman & Wakefield. The asset, operated by Majestic Hotel Group, includes five luxury apartments and a Michelin-starred restaurant. The deal highlights fierce competition for prime locations in the Spanish hotel market, which closed the first half with 2.46 billion euros in investment.
Read → Grupo Ramat, led by Marc Rahola, acquires the lifestyle hotel Mongibello Ibiza from Stoneweg and Bain Capital for €60 million. The deal ensures operational continuity with Concept Hotel Group, a sign that investors value specialized management over brand swaps.
Read → Microsoft's $190B infrastructure bet signals the arms race continues. Latam startup funding accelerates with new VCs. Colombia hosts 1,000 global leaders in 2026.
Read → While Venezuela burns, the travel industry is consolidating and spending. A snapshot of where money actually goes when confidence returns.
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The daily brief
One sharp travel-industry brief a day. Free.