Luxury Hospitality Daily News
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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.

IHG (InterContinental Hotels Group), one of the worlds leading hotel companies, has announced the signing of Crowne Plaza Doha West Bay in partnership with Tanmiyat Real Estate. Currently operating as the M Doha Hotel, the hotel is expected to be rebranded by August 2018, aligning with IHGs strategy to grow the Crowne Plaza brand across the region.Dr. Braik Bin Samikh, Chair...

Formosa International Hotels Corporation (FIH) today announces that it has formalised a joint venture agreement with InterContinental Hotels Group (IHG) to accelerate the international expansion of Regent Hotels & Resorts (Regent). Under this agreement, IHG will take a controlling stake in Regent. All current Regent properties will join IHGs global online reservation system and loyalty program, accelerating the growth of both s...

IHG today announces that it has agreed to acquire a 51% stake in Regent Hotels and Resorts (Regent) for $39 million in cash. IHG will have the right to acquire the remaining 49% interest in a phased manner from 2026. IHG will bring Regent into its brand portfolio at the top end of the luxury segment and will accelerate its growth globally, supported by IHGs powerful enterprise. IHGs intention is to grow the bran...

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