Press Release

Asia Pacific Hospitality Newsletter - Week Ending 25 October 2024

MCK Acquires The Mayfair for NZD31.9 Million in Christchurch, New Zealand, The Adelphi Hotel on Flinders Lane Sold for AUD19 Million in Melbourne, Australia, CLAS Divests Somerset Olympic Tower Tianjin in China, Joint Venture between Ascott China an...

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Asia Pacific Hospitality Newsletter - Week Ending 25 October 202430 October 2024HVSPartnerships, Mergers & Acquisitions
Asia Pacific Hospitality Newsletter - Week Ending 25 October 2024
Wyndham Expands Extended Stay Offerings, Teams with Reside to Introduce Wyndham Residences in the U.S.
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Wyndham Expands Extended Stay Offerings, Teams with Reside to Introduce Wyndham Residences in the U.S.

Guests seeking contemporary, upscale residence-style accommodations in urban destinations now have new offerings to consider in key cities like Houston, Washington D.C and more as a result of a 10-year development relationship between Wyndham Hotels...

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Wyndham Expands Extended Stay Offerings, Teams with Reside to Introduce Wyndham Residences in the U.S.29 October 2024WyndhamPartnerships, Mergers & Acquisitions
Wyndham Expands Extended Stay Offerings, Teams with Reside to Introduce Wyndham Residences in the U.S.
Press Release

Sonesta Executes 30 Franchise Agreements In Q3 2024

Sonesta International Hotels Corporation (Sonesta), the 8th largest hotel company in the U.S., today announced the execution of 30 new franchise agreements during the third quarter of 2024, representing growth at seven of the company’s 13 distinctiv...

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Americas Best Value Inn
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Sonesta Executes 30 Franchise Agreements In Q3 202429 October 2024SonestaPartnerships, Mergers & Acquisitions
Sonesta Executes 30 Franchise Agreements In Q3 2024
Hyatt and Grupo Piñero Announce Plans to Form Strategic Venture for Growth of Bahia Principe Hotels & Resorts Brand
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Hyatt and Grupo Piñero Announce Plans to Form Strategic Venture for Growth of Bahia Principe Hotels & Resorts Brand

Hyatt Hotels Corporation (NYSE: H) today announced plans for affiliates of Hyatt and Grupo Piñero to enter into a long-term asset-light strategic joint venture, headquartered in Palma de Mallorca, Spain, which will manage Bahia Principe-branded hote...

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Hyatt and Grupo Piñero Announce Plans to Form Strategic Venture for Growth of Bahia Principe Hotels & Resorts Brand28 October 2024HyattPartnerships, Mergers & Acquisitions
Hyatt and Grupo Piñero Announce Plans to Form Strategic Venture for Growth of Bahia Principe Hotels & Resorts Brand
Whitbread snaps up an office for conversion in Leeds City Centre
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Whitbread snaps up an office for conversion in Leeds City Centre

The hotel development market in Leeds city centre shows no sign of slowing following the acquisition of a strategically located development site by Whitbread PLC, the parent company to the Premier Inn hotel chain, and the UK’s largest hotel business

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Whitbread snaps up an office for conversion in Leeds City Centre23 October 2024Whitbread PLCPartnerships, Mergers & Acquisitions
Whitbread snaps up an office for conversion in Leeds City Centre
Trilogy Hotels marks its entry into the NT, inking a major deal to operate three hotels
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Trilogy Hotels marks its entry into the NT, inking a major deal to operate three hotels

Building on its strong growth, independent hotel management company Trilogy Hotels, has set its sights on the Darwin market, announcing today a significant partnership with the notable local family-run DCOH Group. This important deal will see Trilog...

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Trilogy Hotels marks its entry into the NT, inking a major deal to operate three hotels21 October 2024Trilogy HotelsPartnerships, Mergers & Acquisitions
Trilogy Hotels marks its entry into the NT, inking a major deal to operate three hotels
External

Why Uber isn’t buying Expedia, but I still think Amazon should

Today’s story, which I will call a "banker rumor," regarding the potential acquisition of Expedia Group by Uber is a natural extension of both speculation around Expedia’s future as well as the shared history of Dara Khosrowshahi.

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Why Uber isn’t buying Expedia, but I still think Amazon should18 October 2024PhocuswirePartnerships, Mergers & Acquisitions
Why Uber isn’t buying Expedia, but I still think Amazon should
IHG Hotels & Resorts accelerates Garner expansion with four additional signings across Europe
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IHG Hotels & Resorts accelerates Garner expansion with four additional signings across Europe

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today announces the signing of four new Garner properties, extending the brand’s presence across the UK and Europe.

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IHG Hotels & Resorts accelerates Garner expansion with four additional signings across Europe18 October 2024IHGPartnerships, Mergers & Acquisitions
IHG Hotels & Resorts accelerates Garner expansion with four additional signings across Europe
Wyndham Inks Exclusive Development Agreement to Bring Award-Winning Microtel by Wyndham Brand to India
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Wyndham Inks Exclusive Development Agreement to Bring Award-Winning Microtel by Wyndham Brand to India

Wyndham Hotels & Resorts has signed an exclusive development agreement with NILE Hospitality LLP to introduce its Microtel by Wyndham brand to India, marking the eighth Wyndham brand to debut in the country. This strategic alliance enables Wyndham t...

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Wyndham Inks Exclusive Development Agreement to Bring Award-Winning Microtel by Wyndham Brand to India18 October 2024WyndhamPartnerships, Mergers & Acquisitions
Wyndham Inks Exclusive Development Agreement to Bring Award-Winning Microtel by Wyndham Brand to India
Baha Mar in The Bahamas Unveils Expansion Plans With New Beachfront Resort and Residences
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Baha Mar in The Bahamas Unveils Expansion Plans With New Beachfront Resort and Residences

The leading luxury resort Baha Mar announces expansion plans to add a 4th luxury resort as the next phase of its continued development. The new resort and residences will be a stunning addition to Baha Mar’s “luxury of choice” collection, with a pro...

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Baha Mar in The Bahamas Unveils Expansion Plans With New Beachfront Resort and Residences18 October 2024Baha MarPartnerships, Mergers & Acquisitions
Baha Mar in The Bahamas Unveils Expansion Plans With New Beachfront Resort and Residences