Expedia and CarTrawler Discuss Potential Deal
The meeting, which included representatives from Evercore, one of the banks involved in the discussions, suggests that Expedia is considering expanding its B2B offerings through the acquisition of CarTrawler. This move could be seen as a strategic play to enhance Expedia's position in the travel industry, particularly in the B2B segment. With its acquisition of Travelocity, Orbitz, and Homeaway in 2015, Expedia has demonstrated its ability to make significant deals and integrate them into its operations.
Sentinel's Strategic Outlook
Expedia Group may be on the verge of making another significant B2B move after a meeting with CarTrawler's leadership team in Dublin. This potential deal could signal Expedia's renewed appetite for strategic acquisitions in the B2B space, following its purchase of Tiqets in February.