The British group recently acquired the hotel and its restaurant Crab and Lobster.
MGM Growth Properties and Blackstone Real Estate Income Trust, Inc. intend to form a new joint venture to acquire the Las Vegas real estate assets of the MGM Grand and Mandalay Bay. MGP will own 50.1%...
Last year was marked by many events, not the least of which are several mergers and acquisitions that literally metamorphosed the face of the industry. Hospitality ON provides a snapshot of the new de...
The two planned hotel properties in Kraków and Katowice that will be managed under the Accor brands ibis Styles and Mercure have been acquired from UBM for its new special fund UII EuropeanM. They ar...
What are the ambitions for B&B Hôtels? Interview with Fabrice Collet, CEO, B&B Hotels and Scarlett Omar-Broca, Executive Director at Goldman Sachs Merchant Banking Division.
The Las Vegas based company is selling two important properties in Las Vegas: The Bellagio and The Circus Circus Las Vegas. The portfolio represents a total of more than 7,700 rooms.
Aaron Greenman is Executive Vice President, Acquisitions & Development - EMEA at Interstate Hotels & Resorts. He shares his vision and expectations for the merger with Aimbridge with us.
Aimbridge and Interstate announce merger to create world’s largest third-party hotel management company
The US hotel management sector is braced for a major shake-up as Aimbridge Hospitality and Interstate Hotels & Resorts announced that they are to merge. Bringing together the top two businesses in the...
After massive investments in several tourism brands in Europe, the Chinese giant plans to invest further in the tour operator's capital of which it currently owns 18%.
The Spanish group has shown "the first signs of formalizing" the integration of Minor International. A total of twelve establishments spread throughout Portugal and Brazil are now under the control of...
The Spanish group has just signed an agreement with Hotel Investment Partners (HIP) to manage the new hotel Pax Barracuda in Palma de Majorca of the coast of Spain.
AccorInvest just acquired four hotel assets representing a total of 661 rooms in France, Spain, Portugal and Belgium.
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