All Urbandoor employees will join Airbnb, and over time, Urbandoor listings for long-term stays will also be bookable through the Airbnb platform, making it easy for guests on Airbnb to find magical stays of any duration, anywhere.
Cendyn announces acquisition of The Rainmaker Group
Cendyn, the leading innovator in hotel CRM and hotel sales platforms for the hospitality industry, today announces the acquisition of…
NexPoint Hospitality to acquire Condor Hospitality
The transaction will instantly expand NHT’s geographical footprint and balances NHTs strategic value-add portfolio with durable, core, extended-stay hotels.
LVMH completes agreement with Belmond
The transaction, which was announced on December 14, 2018, received approval from Belmond’s shareholders on February 14, 2019, and closed effective today. @LVMH @belmond
Red Planet Japan to acquire Thailand hotel portfolio
Red Planet Japan will acquire six hotel-owning companies in Thailand from its parent company for a total acquisition consideration of 6,585,130,000 yen. @RedPlanetJapan
AccorHotels completes acquisition of a 50% stake in sbe Entertainment Group
AccorHotels and sbe Entertainment Group (“sbe”) announced today the completion of AccorHotels’ acquisition of a 50% stake in sbe.
Through this partnership, AccorHotels’ will pursue its strategy to expand its offering in the luxury lifestyle hospitality segment and its footprint in gateway cities across North America.
Hyatt Hotels to buy Two Roads Hospitality in $480 million deal
@Hyatt Hyatt Hotels Corporation announced an agreement to acquire Two Roads Hospitality, an international lifestyle hotel management company with a unique collection of distinctive brands, properties and a robust development pipeline around the globe.
Xenia acquires The Ritz-Carlton, Denver for $100 million
Xenia Hotels & Resorts has announced its acquisition of The Ritz-Carlton, Denver, a 202-room luxury hotel located in Denver, Colorado for a purchase price of $100.25 million, or approximately $496,000 per key.
Amadeus to acquire TravelClick in a $1.52 billion agreement
Deal will significantly expand Amadeus’ presence in the hospitality sector. @AmadeusITGroup
AccorHotels to acquire 21c Museum Hotels
AccorHotels has announced that it has signed an agreement to acquire 85% of 21c Museum Hotels, an award-winning hospitality management company pushing the boundaries of the museum and hotel worlds to create a new kind of travel experience. @Accorhotels
