Splitty acquires assets of online hotel booking company Cancelon

(adsbygoogle = window.adsbygoogle || []).push({}); Splitty, an Israel-based hotel booking platform, has acquired the assets of Cancelon, its rival in the online travel market, for an undisclosed price. Cancelon was an Israel-based online hotel booking company, which went bankrupt in March owing to the Covid-19 pandemic, reported Skift.com. Omer More...

by businessnewstoday | Published 1 month ago
By businessnewstoday On Wednesday, August 5th, 2020
0 Comments

Dakota Mountain Lodge acquires Waldorf Astoria Park City in Park City, Utah

Dakota Mountain Lodge Homeowners Association, a hotel investment company, has acquired Waldorf Astoria Park City, a luxury hotel in Park City, Utah for an undisclosed price. Featuring 159-guestrooms and suites, More...

By Soujanya Ravi On Monday, March 2nd, 2020
0 Comments

Cordia offers to acquire Blind Pig Restaurant in Las Vegas

Cordia Corporation, an owner, investor and innovator in hospitality and restaurants, intends to acquire The Blind Pig, the owner of Blind Pig Restaurant in Las Vegas. In this connection, the parties have signed More...

By businessnewstoday On Friday, November 29th, 2019
0 Comments

AHIP to acquire dozen Premium Branded hotels for $191 million

American Hotel Income Properties REIT (AHIP) has agreed to acquire a portfolio of a dozen Premium Branded hotels for $191 million in a move to boost its geographic footprint in Texas and the Midwest. The 12 hotels More...

By businessnewstoday On Monday, November 11th, 2019
0 Comments

Parity Technology acquires hotel solutions provider Hotspot International

Hospitality technology company Parity Technology Solutions has acquired Hotspot International, a hotel solutions provider for an undisclosed price, in a move to bolster its position in the hospital technology industry. Hotspot More...

By Raghuram Kadari On Wednesday, September 25th, 2019
0 Comments

Waldorf Astoria Hotels & Resorts debuts brand’s first resort in Mexico

Waldorf Astoria Hotels & Resorts, a hotel brand of Hilton, has opened its first resort Waldorf Astoria Los Cabos Pedregal in Mexico, expanding the brand’s portfolio in the Caribbean and Latin America. The More...

By Raghuram Kadari On Monday, September 23rd, 2019
0 Comments

Louis Group to divest five Greek hotel assets to Blackstone for €178.6m

The Louis Group, a Mediterranean hotel group, has agreed to divest its five hotel assets located in the Greek Islands to Blackstone Real Estate Partners Europe for a total enterprise value of €178.6 million. The More...

By Soujanya Ravi On Sunday, September 22nd, 2019
0 Comments

Drivezy strikes partnership to park rental vehicles at OYO properties

Drivezy, a Bangalore based rental scooter, bike and car company, has forged a partnership with OYO Hotels and Homes to station its rental vehicles at the latter’s properties across India. OYO Hotels and Homes More...

By Raghuram Kadari On Saturday, August 31st, 2019
0 Comments

Mews secures $33m in funding, eyes expansion in US

Mews Systems, a cloud-based property management software provider based in the Czech Republic, has secured $33 million in investment in a Series B round to further speed up its expertise to transform how hotels More...

By Raghuram Kadari On Wednesday, August 14th, 2019
0 Comments

Microtel by Wyndham to construct five new hotels with Moda prototype

Microtel by Wyndham has entered into a multi-unit agreement with Pete Patel, president and CEO of RevPAR Development, for five new hotels, expanding the brand’s growing pipeline. The new properties are built under More...