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Latest news about buyouts of groups / hotels

Here you will find the latest articles in this category. Do not hesitate to subscribe to our daily free newsletter to receive upcoming news directly in your inbox.

LVMH Moët Hennessy Louis Vuitton (LVMH.PA), the world’s leading luxury group and Belmond Ltd. (NYSE: BEL), owners, part-owners or managers of 46 luxury hotel, restaurant, train and river cruise properties, today jointly announced that they have entered into a definitive agreement for LVMH to acquire Belmond. LVMH is to acquire Belmond for $25.00 per Class A share in cash. This represents an equity value of $2.6 billion in a transaction with an enterprise value of $3.2 billion. In the twelve months ended S...


Addition of Alila, Destination, Joie de Vivre, Thompson and tommie brands expands Hyatt’s lifestyle and wellbeing offerings for high-end travelers worldwide Acquisition price revised to $405 million from $480 million; additional potential consideration revised to $96 million from $120 million Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has completed the previously announced acquisition of Two Roads Hospitality, a lifestyle hotel management company with a unique collection...


AccorHotels announces that today it filed with the Polish Financial Supervision Authority (Komisja Nadzoru Finansowego) a notification concerning the intention to launch a Tender Offer together with a tender offer circular for the acquisition in cash of the 21,800,593 shares of Orbis it does not already own today, representing 47.31% of the share capital (the “Offer”). Orbis, which is headquartered in Warsaw, Poland, is the largest hotel operator in Central & Eastern Europe and the exclusive master franchisee of certain AccorHotels brands in the region. Its portfoli...


The historic hotel marks the company’s 3rd acquisition in the United Kingdom Katara Hospitality, Qatar Investment Authority’s hotel unit, a leading global hotel owner, developer and operator, announced the expansion of its global portfolio with the acquisition of JW Marriott G...


The world’s most famous hotel located in the heart of New York City Katara Hospitality, a leading global hotel owner, developer and operator based in Qatar, announced the expansion of its global portfolio with the acquisition of The Plaza, one of New York City’s most ...


Mark Hoplamazian, President and CEO, Hyatt Hotels Corporation: “On July 26, 2018, Hyatt delivered a letter to the Board of Directors of NH Hotel Group in which we expressed our interest in pursuing a potential acquisition of NH Hotel Group with a separation of th...


Mark Hoplamazian, President and CEO, Hyatt Hotels Corporation: "Hyatt has a demonstrated track record of making strategic investments to extend the reach of our brands and create value for our stakeholders. In keeping with our growth strategy, we submitted a lett...


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