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Press Release

Plamondon Hospitality Partners Expands Their Award-Winning Hospitality Services With Newest Property Purchase

Plamondon Hospitality Partners, headquartered in Frederick, Maryland, is excited to announce their purchase of the Holiday Inn Express & Suites Johnstown in Johnstown, Pennsylvania. The acquisition of the Holiday Inn Express & Suites marks the begin...

Plamondon Hospitality Partners
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Holiday Inn Express
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Partnerships, Mergers & Acquisitions
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Plamondon Hospitality Partners Expands Their Award-Winning Hospitality Services With Newest Property Purchase13 June 2024Plamondon Hospitality PartnersPartnerships, Mergers & Acquisitions
Plamondon Hospitality Partners Expands Their Award-Winning Hospitality Services With Newest Property Purchase
Supplier News

SiteMinder and Cloudbeds partner to create new distribution and revenue opportunities for hotels

SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, and Cloudbeds, the leading platform redefining the concept of PMS for the hospitality industry, have established a strategic partnership to exp...

Cloudbeds
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Revenue Management
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Innovation
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Partnerships, Mergers & Acquisitions
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SiteMinder and Cloudbeds partner to create new distribution and revenue opportunities for hotels12 June 2024CloudbedsPartnerships, Mergers & Acquisitions
SiteMinder and Cloudbeds partner to create new distribution and revenue opportunities for hotels
Newport Hospitality Group Expands Portfolio with Acquisition of Best Western Williamsburg Historic District
Press Release

Newport Hospitality Group Expands Portfolio with Acquisition of Best Western Williamsburg Historic District

Newport Hospitality Group, Inc. (NHG), headquartered in Williamsburg, Virginia, proudly announces the addition of the Best Western Williamsburg Historic District to its portfolio of managed hotels. With 34 years of establishment in Williamsburg, New...

Newport Hospitality Group
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Franchise
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Newport Hospitality Group Expands Portfolio with Acquisition of Best Western Williamsburg Historic District11 June 2024Newport Hospitality GroupPartnerships, Mergers & Acquisitions
Newport Hospitality Group Expands Portfolio with Acquisition of Best Western Williamsburg Historic District
Accor leads development in Egypt’s Ras El Hekma with signing of two Swissôtel properties
Press Release

Accor leads development in Egypt’s Ras El Hekma with signing of two Swissôtel properties

Accor, a world-leading hospitality group, has signed a milestone agreement with Naia Developments to develop two Swissôtel addresses, marking the brand’s debut on Egypt’s Mediterranean coast in Ras El Hekma.

Accor
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Swissotel
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Accor leads development in Egypt’s Ras El Hekma with signing of two Swissôtel properties10 June 2024AccorPartnerships, Mergers & Acquisitions
Accor leads development in Egypt’s Ras El Hekma with signing of two Swissôtel properties
Accor Greater China set to bring Sofitel, Novotel and Novotel Living to Changzhou High Speed Rail New Town
Press Release

Accor Greater China set to bring Sofitel, Novotel and Novotel Living to Changzhou High Speed Rail New Town

Accor Greater China, together with Changzhou High-Speed Railway Town and Changzhou High-Tech Group Co., Ltd., has announced the signing of a multiple property hospitality project in the fast-growing community of Changzhou High Speed Rail New Town. S...

Accor
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Sofitel
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Novotel
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Accor Greater China set to bring Sofitel, Novotel and Novotel Living to Changzhou High Speed Rail New Town 7 June 2024AccorPartnerships, Mergers & Acquisitions
Accor Greater China set to bring Sofitel, Novotel and Novotel Living to Changzhou High Speed Rail New Town
Press Release

Pyramid Global Hospitality Announces Management Acquisition of Four Iconic Resorts in First Five Months

Pyramid Global Hospitality, the powerhouse hospitality company behind inspired collections like Benchmark Pyramid Luxury & Lifestyle and Hamilton Pyramid Europe – is pleased to announce the bicoastal expansion of its U.S. portfolio with the addition...

Pyramid Global Hospitality
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Management Companies
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Pyramid Global Hospitality Announces Management Acquisition of Four Iconic Resorts in First Five Months 7 June 2024Pyramid Global HospitalityPartnerships, Mergers & Acquisitions
Pyramid Global Hospitality Announces Management Acquisition of Four Iconic Resorts in First Five Months
CapitaLand Ascott Trust fully acquires student accommodation property Standard at Columbia to boost income resilience
Press Release

CapitaLand Ascott Trust fully acquires student accommodation property Standard at Columbia to boost income resilience

CapitaLand Ascott Trust (CLAS) has acquired the remaining 10% stake in Standard at Columbia, a freehold student accommodation property in South Carolina, United States of America (USA). The earnings before interest, taxes, depreciation and amortisat...

The Ascott Limited
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Finance
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CapitaLand Ascott Trust fully acquires student accommodation property Standard at Columbia to boost income resilience 4 June 2024The Ascott LimitedPartnerships, Mergers & Acquisitions
CapitaLand Ascott Trust fully acquires student accommodation property Standard at Columbia to boost income resilience
IHG Hotels & Resorts adds almost 1,000 rooms to Portuguese pipeline
Press Release

IHG Hotels & Resorts adds almost 1,000 rooms to Portuguese pipeline

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, announces the signing of nine hotels across Portugal, adding 976 rooms to the country’s growing and strong pipeline, as it continues to benefit from rapid growth. The signings c...

IHG Hotels & Resorts
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Holiday Inn
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Indigo
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Kimpton
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IHG Hotels & Resorts adds almost 1,000 rooms to Portuguese pipeline 4 June 2024IHGPartnerships, Mergers & Acquisitions
IHG Hotels & Resorts adds almost 1,000 rooms to Portuguese pipeline
Hilton Set to Double Lifestyle Portfolio To 700 Hotels Within Next Four Years
Press Release

Hilton Set to Double Lifestyle Portfolio To 700 Hotels Within Next Four Years

With nearly 350 existing lifestyle hotels and another 350 expected to join the portfolio by 2028, Hilton (NYSE: HLT) is set to double its presence in the fast-growing lifestyle category in the next four years. The recent addition of Graduate Hotels ...

Hilton
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Curio – A Collection by Hilton
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Canopy by Hilton
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Tapestry Collection by Hilton
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Motto by Hilton
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Tempo by Hilton
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Boutique & Lifestyle
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Hilton Set to Double Lifestyle Portfolio To 700 Hotels Within Next Four Years 4 June 2024HiltonPartnerships, Mergers & Acquisitions
Hilton Set to Double Lifestyle Portfolio To 700 Hotels Within Next Four Years