RIU Group to acquire TUI Group’s stake in 19 RIU Hotels & Resorts hotels

RIU Group to acquire TUI Group’s stake in 19 RIU Hotels & Resorts hotels

(adsbygoogle = window.adsbygoogle || []).push({}); Spanish hotel chain RIU Group has signed a deal worth €670 million to acquire from a 49% stake held by German travel company TUI Group in 19 hotel properties operated under the RIU Hotels & Resorts brand. The hotel assets involved in the deal are located across four continents. More...

by businessnewstoday | Published 3 weeks ago
Sunstone Hotel Investors acquires Montage Healdsburg Resort for $265m
By businessnewstoday On Sunday, May 2nd, 2021
0 Comments

Sunstone Hotel Investors acquires Montage Healdsburg Resort for $265m

Sunstone Hotel Investors, a lodging real estate investment trust (REIT), has acquired the Montage Healdsburg Resort in Sonoma County, California for $265 million, from affiliates of Ohana Real Estate Investors. Construction More...

Wheelock Street Capital acquires Hotel Contessa in San Antonio
By businessnewstoday On Saturday, November 21st, 2020
0 Comments

Wheelock Street Capital acquires Hotel Contessa in San Antonio

Wheelock Street Capital has acquired Hotel Contessa, a luxury hotel in San Antonio, Texas for an undisclosed price. Hotel Contessa, which is a 12-story hotel with 265 rooms, is situated at 306 West Market Street. Built More...

MSCP wraps up $330m sale of majority stake in Hojeij Branded Foods to Lagardere
By businessnewstoday On Monday, August 10th, 2020
0 Comments

Splitty acquires assets of online hotel booking company Cancelon

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 More...

Waldorf Astoria Park City
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...

Cordia offers to acquire Blind Pig Restaurant in Las Vegas
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...

AHIP to acquire a dozen Premium Branded hotels for $191 million.
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...

Parity Technology Solutions acquisition of Hotspot International
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...

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

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