Fusion & Acquisition

📈 Edge, a Dutch group, has acquired the iconic Miroirs office complex from the 1980s near La Défense, Paris. This marks their entrance into the Parisian market. The acquisition raises questions about the future of the Odyssey project, initially announced in 2021, featuring three towers up to 187 meters high with 141,000 m² of mixed-use space. Originally set to open in 2026, then delayed to 2028, the project's exact programming remains uncertain. Coen van Oostrom, Edge's Founder, emphasizes the project's strategic importance.

📶 Truely, a Singaporean start-up, raised $2 million (1.7 million euros) in June 2025 from DG Daiwa Ventures, Goodwater Capital, and Disrupt.com, totaling $5.5 million since its creation. Specializing in Switchless eSIM, it covers 200 destinations and launched Truely 2.0 in May 2025. The funding will enhance infrastructure, local payment options, and user features, targeting business travelers and digital nomads, especially in Japan and East Asia.

💻 Evaneos boosts its Tech strategy by acquiring Odys, a Latin American travel agency software, enhancing its digital transformation for travel agencies. Odys' 200+ automations cut custom trip creation time by 75%, improving agency profitability. In 2026, a new SaaS offering combining Odys, Pay Travel, and Travelsuite will launch. A 15-member team, led by Alexia Lafitau and CTO Olivier Madre, is developing this technology to support agencies in creating exceptional travel experiences.

🚀 In 2025, venture capital funding in travel startups may fall below $5 billion, with 2023 and 2024 being the decade's lowest years. By May 2024, funding was $1.1 billion, down from $1.7 billion the previous year. Jetblue Ventures' sale raised concerns, while Lufthansa's TNMT Investment Tracker identified 2025 as a poor year for investments since 2015. Notably, European startups received more venture capital than those in North America for the first time. IAGi Ventures launched with €200 million, hinting at future innovation funding.

📈 Atlanta, 29 mai 2025 - IHG Hotels & Resorts a doublé ses signatures mondiales entre 2023 et 2024. Les conversions représentent 60% des ouvertures et 40% des signatures au premier trimestre 2025. IHG One Rewards compte 145 millions de membres. Jolyon Bulley, CEO pour les Amériques, souligne la flexibilité des marques d’IHG. La Vignette Collection, lancée en 2021, cible les hôtels indépendants de luxe.

📈 Sébastien Bazin, CEO, was reappointed during Accor's Shareholders' General Meeting on May 28, 2025, held at the company's headquarters. The quorum reached 71.73% of shares. All resolutions were adopted, including the reappointment of Isabelle Simon and the appointment of Katherine E. Fleming. A dividend of €1.26 per share was approved, with detachment on June 2, 2025, and payment on June 4, 2025. Accor operates in over 110 countries with 5,600+ hotels.

📈 Cybevasion, launched in 1999, was acquired by Holidu, an international German platform. The acquisition includes cybevasion.fr, gites.fr, and chambres-hotes.fr. The transformation of Cybevasion to a simplified joint-stock company is set for mid-April 2025. Initially focused on hotels, it pivoted to guest houses and tourist rentals. The acquisition was reported by Jérôme Forget. Currently, bookings are affiliated with Booking.com. No official announcement has been made, and the founder remains the sole director.

📅 Le 22 mai 2025, Tambourine, leader mondial en technologie marketing hôtelière, a acquis ReservHotel, une plateforme de réservation opérant dans la région Caraïbes-Amérique latine. Cette acquisition vise à introduire cette technologie avancée sur le marché nord-américain. Tambourine est réputée pour avoir transformé les standards des sites hôteliers, et ce nouveau partenariat permettra de repenser entièrement le parcours d'achat des clients, selon Rafael Cardozo, PDG de Tambourine.

🛩️ Electra conducted successful wind tunnel tests on a 1/5th scale model of the EL9, proving its capability for ultra-short takeoffs—just 150 feet (45.72 meters), ten times less than current similar-sized aircraft. The EL9's lift coefficient of 20, aided by electric propulsion, allows flight at just 40 km/h. 2200 units are promised to 50 clients worldwide, aiming for pre-series flights by 2027 and commercial service by 2029.