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        Everything we do is designed to make your life a little easier. To help you get your work done as quickly and as productively as possible. Your deal is our business.

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        We are Datasite. Creators of momentum, eliminators of doubt and builders of tomorrows. The leading SaaS provider for the M&A industry, we give dealmakers around the world the tools they need to succeed across the entire deal lifecycle.

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          Whether you’re looking at a licensing, listing or M&A, achieve your objective quickly and keep sensitive data secure with Datasite.

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          From manufacturing to transportation to defense, we understand the needs of your sub-sector. Datasite can help you keep your sensitive information secure.

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          Learn about the solutions available for making better, more secure technology deals happen with Datasite Diligence virtual data rooms.

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          Consumer and retail brands have seen a wave of recent activity, as organizations strengthen balance sheets and take advantage of strategic opportunities. Datasite has helped dealmakers act quickly while managing a wide range of stakeholders.

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          Real estate transactions are on the rise and becoming increasingly complex. So it’s important that you can do your due diligence on your real estate transaction securely and efficiently, while effectively collaborating with local officials, deal teams, and lenders.

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          Datasite ensures a secure and agile IPO process management for issuers, advisors, and underwriters. Our solutions, support and 25+ years experience, keeps your IPO secure and your team nimble to optimize outcomes.

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          Tired of messy, overly-manual sell-side reviews? Luckily, there’s a better way. Find out how top buyers are creating centralized, repeatable processes from the comfort of their own data room.

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        • Datasite for Sell-Side

          Our solutions empower dealmakers with the broadest reach to maximize valuations, breakthrough technology to breeze through due diligence, and insights to generate the best deal outcomes.

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          Extend your team and add professional polish with Datasite – your partner for every stage of your growth journey.

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  • Platform
    • Overview
      • Overview

        Datasite's virtual data room suite is the best way to manage any due diligence process and share sensitive data. We make sure every aspect of your deal is covered. Our virtual data room consists of four core products that help you and your team automate the entire end-to-end M&A lifecycle.

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    • Data Room
      • Datasite Diligence™

        Datasite Diligence Virtual Data Room (VDR) includes sophisticated analytics, an integrated redaction tool, ironclad security & world-class support with fast setup.

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    • Deal Marketing
      • Datasite Outreach™

        Whether compiling buyer lists, or executing outreach activities and managing NDAs, Datasite Outreach is your essential resource for the deal marketing process.

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    • Deal Preparation
      • Datasite Prepare™

        Datasite Prepare accelerates deal preparation with AI indexing, smart categorization, redaction & VDR integration to bring you into due diligence with a click.

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    • Acquisition
      • Datasite Acquire™

        Take control of your process with Datasite Acquire, the first deal management platform designed just for you. Create a centralized, repeatable process from the comfort of your own VDR.

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        A data room is only as good as the people behind it. We’re your partners for ensuring speed, confidence, and successful results on every transaction.

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          Datasite Experience has been designed around you. You are at the center. Learn how our team makes your deal journey the best it can be.

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        The Datasite value is unique to each customer. Tell us a little about yourself, and we’ll propose a solution that drives the greatest ROI for you and/or your client.

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  • Resources
    • What is a Data Room?
      • What is a Data Room?

        Get a basic understanding of what a data room is and why it's a powerful tool for M&A, as well as many other applications.

        Learn more
    • New Features
      • What's New in Datasite

        Learn about the newest features available to Datasite users. Enable yourself to get M&A deals done faster and easier using the top tools available to dealmakers. Experience the latest innovations from Datasite, where deals are made.

        Learn more
    • FAQs
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        Questions about Datasite, M&A, or Data Rooms? We have the answers for you.

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        Close deals, faster, with insights into every aspect of the industry. Read all about the latest M&A trends and best practices. And stay ahead of the game with exclusive analysis from our market-leading M&A software.

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        Stay up to date with the latest developments and innovation in M&A. Join us at one of our live events, and learn something new.

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      • Dealmaker's Circle

        Help identify the technology needs of dealmakers across the M&A industry. Sign up for the Dealmaker's Circle and shape the future.

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    • Data Room Training
      • Data Room Training & Certification

        The virtual data room (VDR) training and certification program is designed for individuals, businesses, and universities alike. Its sole purpose is to help people who are entering the working environment be fully prepared and conversant with one of the key tools they’ll be using.

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  • Company
    • About
      • About

        The best people. And the best technology – a SaaS platform that works across the M&A lifecycle. However you do your deals. This is the place to make them.

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        Ready for the next big challenge? Grow your career, and join our experienced global team, transforming the world of M&A software.

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    • Success Stories
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        Datasite, the maker of Datasite Diligence virtual data room platform, helping dealmakers in more than 170 countries (and every industry) close more deals, faster. See our success stories.

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        The judges agree. Buying or selling. Restructuring or fund raising. Acquiring or divesting. Datasite is the place get you there faster. The best people and the best technology. This is the place where deals are made.

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    • Security & Compliance
      • Security & Compliance

        Trust, privacy, compliance and security are central to everything we do at Datasite. For over 25 years you have entrusted us with your most sensitive information. We take this responsibility seriously, continuously investing in industry-leading security across all aspects of our business.

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Datasite Home
March 24, 2020

Blog: Opportunities for Restructuring in Tourism & Travel

Axel Kirstetter, VP Product Marketing, Pricing

No industry has been harder hit from the global crisis than tourism and travel. Hotels have been shuttered, cruise ships stranded, and amusement parks closed.

Regions that rely on tourism and its close companion, travel, have been particularly impacted. For instance, Italy is expected to lose approximately 4.7 million international tourist arrivals in 2020, according to Statista Research.

Those with hard assets like hotels and cruise ships are likely to embark on lengthy restructuring and insolvency processes. With luck, government assistance and lots of hard work, these businesses will weather the restructuring storm, though likely with new owners.

Datasite supported 9,000+ transactions of all shapes and sizes in all industries last year. We have 25 years of experience working with the restructuring and bankruptcy community .

Based on that experience, here are some practical tips companies in the travel and tourism industry should take now.

Create an emergency repository

Organizing business-critical documents always takes longer than expected- the tourism and travel average is about a month. You may not know what specific events are headed your way, but you do know some of the critical documents you'll need to share with lenders, creditors and government bodies alike.

That’s why it’s important to start gathering and updating the documents you need immediately. Don't wait for the dust to settle to start your prep work.

We recommend setting your repository up on our exit readiness app, Datasite Prepare. That way, you can rely on our ironclad security to keep confidential processes private while taking advantage of our AI tools like auto-categorization to speed set-up.

Think like a project manager

Set yourself up for success from the beginning by thinking about how to manage workflow at scale. You can expect hundreds of experts to review tens of thousands of documents. Hence, do you have the right help? Who or what tools do you need to manage the chaos in the most professional and efficient way possible?

For instance, Datasite assigns a dedicated project manager for any of its apps to help your team and you manage the data room, Datasite Diligence, through every transaction. That kind of specialized assistance becomes critical in fraught situations like fire sales where professionals are juggling so many moving parts.

Finally, for industries like tourism and travel likely to be engaged in multiple hard asset sales, our Datasite Outreach tool can help you shop each asset efficiently and to hundreds of buyers at a time. That kind of technology can be a game-changer, especially when you’re competing with multiple sellers at the same time. In those cases, professionalism and efficiency make all the difference.

That's why, when you plan to restructure, use Datasite with foresight.

 

Restructuring Checklist

Use our essential document checklist to ensure you're prepared for whatever recovery event the future holds.

Download Now

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The ABCs of SPACs and de-SPAC’ed Entities

With the change in market conditions over the last year (increased inflation, interest rates etc.), there is concern that companies who went public via a SPAC in 2020 and 2021 will not be able to continue their business operations due to a lack of free cash flow or will face de-listing because their stock is not in compliance with the NYSE or NASDAQ requirements. These companies may need to explore alternative options, such as rescue capital raises, full company sale to a strategic, bankruptcy, and PE take-private options, etc.

M&A Professionals work on a data room
M&A and digital transformation: Opportunities and challenges in APAC

The pandemic saw a growth spurt in digital platforms. Will the tech sector be able to sustain investor interest in the face of challenging macroeconomic dynamics? Learn more about emerging digital transformation stories from APAC in our expert spotlight blog.

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Q4 Reflections: Learning the lessons of a turbulent 2022

With the economy wavering under the strain of inflation, supply chain problems, and the Great Resignation, dealmakers are gearing up for a challenging 2023. Datasite gathered a panel of experts to review what we’ve learned over the past year and what we can do to prepare for the changes ahead.

M & A Professional Looking Out Office Window
  • Solutions
    • For Business
      • For Business

        Everything we do is designed to make your life a little easier. To help you get your work done as quickly and as productively as possible. Your deal is our business.

        Learn more
    • For Industries
      • For Industries

        We are Datasite. Creators of momentum, eliminators of doubt and builders of tomorrows. The leading SaaS provider for the M&A industry, we give dealmakers around the world the tools they need to succeed across the entire deal lifecycle.

        Learn more
    • By Need
      • By Need

        The best people. And the best technology – a SaaS platform that works across the M&A lifecycle. However you do your deals. This is the place to make them.

        Learn more
  • Platform
    • Overview
      • Overview

        Datasite's virtual data room suite is the best way to manage any due diligence process and share sensitive data. We make sure every aspect of your deal is covered. Our virtual data room consists of four core products that help you and your team automate the entire end-to-end M&A lifecycle.

        Learn more
    • Data Room
      • Datasite Diligence™

        Datasite Diligence Virtual Data Room (VDR) includes sophisticated analytics, an integrated redaction tool, ironclad security & world-class support with fast setup.

        Learn more
    • Deal Marketing
      • Datasite Outreach™

        Whether compiling buyer lists, or executing outreach activities and managing NDAs, Datasite Outreach is your essential resource for the deal marketing process.

        Learn more
    • Deal Preparation
      • Datasite Prepare™

        Datasite Prepare accelerates deal preparation with AI indexing, smart categorization, redaction & VDR integration to bring you into due diligence with a click.

        Learn more
    • Acquisition
      • Datasite Acquire™

        Take control of your process with Datasite Acquire, the first deal management platform designed just for you. Create a centralized, repeatable process from the comfort of your own VDR.

        Learn more
    • Deal Team
      • Datasite Experience™

        A data room is only as good as the people behind it. We’re your partners for ensuring speed, confidence, and successful results on every transaction.

        Learn more
    • Datasite for You
      • Datasite for You

        The Datasite value is unique to each customer. Tell us a little about yourself, and we’ll propose a solution that drives the greatest ROI for you and/or your client.

        Learn more
  • Resources
    • What is a Data Room?
      • What is a Data Room?

        Get a basic understanding of what a data room is and why it's a powerful tool for M&A, as well as many other applications.

        Learn more
    • New Features
      • What's New in Datasite

        Learn about the newest features available to Datasite users. Enable yourself to get M&A deals done faster and easier using the top tools available to dealmakers. Experience the latest innovations from Datasite, where deals are made.

        Learn more
    • FAQs
      • FAQs

        Questions about Datasite, M&A, or Data Rooms? We have the answers for you.

        Learn more
    • Insights
      • Insights

        Close deals, faster, with insights into every aspect of the industry. Read all about the latest M&A trends and best practices. And stay ahead of the game with exclusive analysis from our market-leading M&A software.

        Learn more
    • Events & Webinars
      • Events & Webinars

        Stay up to date with the latest developments and innovation in M&A. Join us at one of our live events, and learn something new.

        Learn more
    • Dealmaker's Circle
      • Dealmaker's Circle

        Help identify the technology needs of dealmakers across the M&A industry. Sign up for the Dealmaker's Circle and shape the future.

        Learn more
    • Data Room Training
      • Data Room Training & Certification

        The virtual data room (VDR) training and certification program is designed for individuals, businesses, and universities alike. Its sole purpose is to help people who are entering the working environment be fully prepared and conversant with one of the key tools they’ll be using.

        Learn more
  • Company
    • About
      • About

        The best people. And the best technology – a SaaS platform that works across the M&A lifecycle. However you do your deals. This is the place to make them.

        Learn more
    • Careers
      • Careers

        Ready for the next big challenge? Grow your career, and join our experienced global team, transforming the world of M&A software.

        Learn more
    • News
      • News

        Keep up with our latest media coverage and press releases. And get the breaking news on our technology, partnerships, awards and people.

        Learn more
    • Success Stories
      • Success Stories

        Datasite, the maker of Datasite Diligence virtual data room platform, helping dealmakers in more than 170 countries (and every industry) close more deals, faster. See our success stories.

        Learn more
    • Awards & Recognition
      • Awards & Recognition

        The judges agree. Buying or selling. Restructuring or fund raising. Acquiring or divesting. Datasite is the place get you there faster. The best people and the best technology. This is the place where deals are made.

        Learn more
    • Security & Compliance
      • Security & Compliance

        Trust, privacy, compliance and security are central to everything we do at Datasite. For over 25 years you have entrusted us with your most sensitive information. We take this responsibility seriously, continuously investing in industry-leading security across all aspects of our business.

        Learn more
  • Contact
    • Sales
      • Sales

        Speak to our authoritative sales team, wherever you are in the world, and we’ll get you started with a dataroom in no time.

        Learn more
    • Support
      • Support

        Get the world-class support you need, anytime, anywhere. We’re available 24/7/365, in up to 20 languages.

        Learn more

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Datasite provides secure software solutions for managing the full spectrum of financial transactions — including M&A, restructuring & administration, and capital raising. Our intuitive platform offers ironclad security enabling file sharing and collaboration within and across organizations. More than a virtual data room (VDR), Datasite supports advisors and their clients across the entire deal lifecycle with secure collaborative software that shortens timelines for buy-side and sell-side teams from deal sourcing and deal preparation to post-merger integration (PMI) while meeting regulatory compliance — including GDPR and CCPA requirements. As the premiere virtual data room for M&A due diligence globally, Datasite is consistently recognized for breakthrough technologies like our AI/ML-enabled capabilities and automated redaction tools. Beyond due diligence, Datasite provides transaction and document management solutions for investment banks, corporate development, private equity, and law firms across industries.