Luxury Hospitality Daily News
Luxury Hospitality Daily News

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.

Accor announces that it entered into a definitive agreement to sell approximately 5% stake in Huazhu Group Limited (HTHT) for USD451m. Accor will keep an approximately 5% stake in Huazhu and Chaiman and CEO Sebastien Bazin will remain on the Board. This transaction, which was conducted in full cooperation with Huazhu and its Founder ...

Huazhu Group (Huazhu), a leading multi-brand hotel group (Nasdaq: HTHT), announced today that it reached an agreement to acquire all shares of Deutsche Hospitality (the company), a renowned international hotel group, through its wholly owned subsidiary China Lodging Holding Singapore. Deutsche Hospitality is based in Frankfurt, Germany, and its unique and varied portfolio includes the five prestigious hotel brands Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the Ci...

Purchase Marks New Chapter in Transformation Plan for Companys Iconic Luxury Lifestyle Brand
Marriott International, Inc. (NASDAQ: MAR) today announced that it has purchased the 270-room W New York Union Square in the heart of Manhattans dynamic Union Square neighborhood. The company paid ...

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