Mergers & Acquisitions

This article was written by Lodging Magazine. Click here to read the original article Aerial view of downtown Detroit at twilight DENVER, Colorado; DETROIT, Michigan; ATLANTA, Georgia—HREC Investment Advisors announced…

Accor today announced it has entered into exclusive negotiations with Royal Holiday Group to acquire 17 management agreements (3,200 keys). The portfolio includes six existing All-inclusive Resorts in Mexico (1,660 keys) to be managed by Ennismore, as well as eleven existing resorts and city hotels in Mexico, Argentina, Puerto Rico and the USA (1,540 keys) to be managed by Accor PM&E Americas. The total consideration of $79M will be paid in phases, and all of it will go towards partially funding the $130M renovation plan of the properties within the next 30 months.

Castle Peak Holdings, the investment firm behind the Trailborn hospitality brands, has acquired Snow King Resort, with plans to bring Trailborn to Wyoming’s premier four season mountain destination

This article was written by Lodging Magazine. Click here to read the original article PARIS, France—Accor announced it has entered into exclusive negotiations with Royal Holiday Group to acquire 17…

This article was written by Lodging Magazine. Click here to read the original article Photo Credit: BLDG Management Co., Inc NEW YORK—Smith Hill Capital and Bain Capital announced that the…

Reading Time: < 1 minute Portugal: The Editory Collection Hotels has opened a new five-star property in Lagos, the Algarve, following a €63.8 million (£54.64 million) investment. The Editory by…