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Hilton executives said Wednesday that acquisitions are possible – a shift from the past 16 years when it has focused on creating new brands rather than buying up existing ones…
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The Libyan Investment Authority, the country’s sovereign wealth fund, has launched a hostile takeover bid for one of SA’s premier hospitality groups, Legacy Hotels, following a bitter boardroom fallout, putting a multibillion-rand property portfolio…
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Hilton Worldwide (NYSE:HLT) is in talks to buy the Graduate Hotels brand, according to a Bloomberg report. Sources indicated that the deal for the brand would not include the real estate assets…
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55-bedroom seafront hotel has been purchased by AYA Hotels, a consortium of three hospitality businesses based in the Norfolk region…
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Iconic Sonoma, Calif., hotel and spa the latest addition to FEG's hospitality vertical - Foley Entertainment Group (FEG), established by businessman and Sonoma Valley vintner, Bill Foley, has acquired Sonoma’s iconic MacArthur Place Hotel & Spa from…
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Never mind that its previous $7.8 billion bid was publicly spurned in October or that three other proposals have also been rejected. Suitor Choice Hotels now wants to take a new offer directly to Wyndham shareholders…
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Choice Hotels is launching a hostile takeover offer for Wyndham Hotels & Resorts after repeated attempts to reach a deal with the rival hotel chain were rebuffed…
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Saudi Arabia's PIF sovereign wealth fund will buy a 49% stake in luxury hotel group Rocco Forte Hotels and help to support its expansion, the owner of Britain's Balmoral hotel said on Monday…
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U.S. hotel operator Wyndham Hotels and Resorts (WH.N) said on Tuesday a new letter from Choice Hotels (CHH.N) "represents a step backwards" and the terms outlined are not in the best interests of Wyndham or its shareholders…
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“We’re well-advised, and we’re confident in our ability to complete this in a reasonable time frame," Choice CEO Pat Pacious told analysts on Tuesday's call.
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Choice Hotels announced an unsolicited offer to Wyndham’s shareholders on Tuesday, after negotiations had broken down. Wyndham later on that day released information on why they refused Choice’s proposal that centered on future growth prospects…
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Wyndham Hotels & Resorts said its board unanimously rejected an unsolicited proposal from Choice Hotels International to acquire the hotel chain for $90 a share in cash and stock…
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Paignton's Esplanade Hotel - home to asylum seekers for the past year - has been sold. The 84-bedroom seafront is the latest addition to the growing portfolio of Asian-based Compass Hospitality's UK portfolio…
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Lowe, a leading national real estate investor, developer and manager, has acquired Hyatt’s vacation rental management business…
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First Hospitality, a national hotel management and development company, has an agreement in place to acquire the majority of the hotel management agreements of Schaumburg, IL-based Hostmark Hospitality Group…
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The latest news in the ski world is the marriage of a 21st-century tech billionaire and a troubled ski mountain…
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As well as the 102 room Molina Lario, Meridia V has also acquired the Gallery hotel in Barcelona from the Gómez Casals family.
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UAE family office Vivium Holding, headquartered in Dubai, is venturing into hospitality by acquiring a boutique hotel nestled on the beautiful island of Paros, Greece.
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