Marriott International announced the company has reached an agreement with the board of Elegant Hotels Group plc on the terms of a recommended all-cash offer for Elegant.
GreenTree Hospitality Group to acquire majority stake in Argyle Hotel Management Group
Mr Kevin Zhang, Argyle Hotel Management Group’s founder and CEO and his management team will remain one of the largest shareholders of Argyle, and will become an integral part of GreenTree’s management team. @ArgyleHotels
LRC Group acquires Amaris Hospitality
Addition of seven UK-based DoubleTree by Hilton hotels brings Amaris Hospitality group to 30 hotels. LRC has ambitious plans to grow Amaris Hospitality portfolio to over 50 properties.
Wyndham Worldwide and La Quinta Holdings announce acquisition agreement
Wyndham Worldwide to purchase La Quinta’s franchise and management businesses after spin-off of La Quinta’s real estate assets into CorePoint Lodging Inc. @Wyndham @LQ
