Tag: acquisition

February 2, 2023

Hyatt Hotels Corporation (NYSE: H) today announced the completion of the Dream Hotel Group lifestyle hotel brand and management platform acquisition, bringing a portfolio of lifestyle hotel brands – including Dream Hotels, The Chatwal and Unscripted Hotels – into the […]

November 29, 2022

Hyatt Hotels Corporation (NYSE: H) and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s lifestyle hotel brand and management platform including the Dream Hotels, The Chatwal Hotels and Unscripted Hotels brands, with properties […]

November 29, 2022

Yesterday, Monday 28th November saw the acquisition by Cadogan of The Draycott Hotel. Built in 1890, the Victorian property comprises three red-brick town houses on Cadogan Gardens in the heart of Chelsea. It will undergo a restoration before reopening as […]

November 4, 2022

Newbond Holdings, a vertically integrated real estate investment and operating platform, founded by Neil Luthra and Vann Avedisian, is proud to announce the acquisition of the Hotel Tampa Riverwalk, formerly known as the Sheraton Tampa Riverwalk Hotel, in partnership with […]

April 18, 2022

Ashford announced that independent hotel management company Remington Hotels, a wholly owned portfolio company of the alternative asset management firm, has acquired privately held third-party hotel management company Chesapeake Hospitality. Ashford is acquiring Chesapeake for an initial consideration of $15.75 […]

March 28, 2022

Mission Hill Hospitality, a KSL Capital Partners portfolio company focused on transforming select service and extended stay hotel investing, announced it has acquired the Inn at Naples, Tapestry Collection by Hilton, a 100-key property in Naples, Florida. Terms of the […]

January 10, 2022

RLJ Lodging Trust (NYSE: RLJ) today announced that it has acquired the 170-room Moxy Denver Cherry Creek for a purchase price of $51.3 million, or approximately $301,000 per key and completed the disposition of the 764-room DoubleTree Hotel Metropolitan New […]

December 17, 2021

Agilysys, Inc. (NASDAQ: AGYS), a leading provider of next generation SaaS software solutions, today announced it has entered into a definitive agreement to acquire ResortSuite, a Canada-based fully integrated property management solution provider focused on the complex multi-amenity and resort […]

November 2, 2021

Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has completed the previously announced acquisition of Apple Leisure Group (ALG), a leading luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC. […]

August 30, 2021

The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the acquisition of the 174-room, full-service DoubleTree by Hilton Atlanta Roswell hotel in Roswell, GA for $13.75 million from a real estate fund divesting of hospitality […]

August 24, 2021

As Sweetgreen prepares to go public, the company has spent much of the last several years making changes to its improve its business and spur growth. The restaurant plans to open its first drive-thru later this year and underwent a […]

August 16, 2021

Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a leading luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC for $2.7 billion in cash. The transaction is anticipated to […]

March 22, 2021

Soul Community Planet (SCP) has announced the purchase of the 138-room Hilo Seaside Hotel, located in Hilo, Hawaii. The hotel will undergo a $4.6 million renovation and reopen as the SCP Hotel Hilo on June 1, 2021. Steeped in the […]

October 28, 2020

Zurich – In line with the growing popularity of holiday homes among European travellers, OYO Vacation Homes (OVH) continues to expand its pan-European business. As announced at the beginning of this year, the company has acquired the TUI Holiday Homes […]

December 9, 2019

While McDonald’s $300 million acquisition of Dynamic Yield in March was not the largest in the restaurant industry, it indicated a major shift toward technology for the fast-food industry. This year, Starbucks also partnered with tech firm Brightloom to license […]