Business Travel M&A Poised to Double in 2025

Merger and acquisition activity in business
travel is buzzing and “on top” right now. I believe we will
double the number of 2024 M&A transactions this year. 

What’s Driving M&A activity?

It’s a confluence of both buyers
and sellers, demand for technology innovations to maintain competitiveness and company
valuations increasing.

Strategics (travel companies), private
equity firms (financial acquirers), family offices (high net worth individuals
and families) and non-travel related companies (financial institutions) are the
core buyers in the market. 

Strategic sellers are mainly
owners in their late 60’s, 70’s looking to retire. Younger sellers are looking for
an opportunity to take money off…