Mergers & Acquisitions

This article was written by Lodging Magazine. Click here to read the original article Regardless of where the industry is in a cycle, there are always owners who are looking…

Emerging Travel Group (ETG), a global travel company operating the RateHawk, ZenHotels, and Roundtrip brands, has partnered with Simple Booking, one of the leading international CRS providers, used by more than 7,500 hoteliers worldwide. Through this collaboration, ETG is integrating with the company’s channel manager to connect more properties across Europe, especially in Italy, as well as in South America, Asia, and Australia, while offering them global distribution via both B2B and B2C platforms.

PHD Hotels has acquired the 111-key Aloft Birmingham Soho Square. The sale was brokered by and completed by Hunter Hotel Advisors “We are proud to welcome the Aloft Birmingham Soho…

Eastwood Park, a Grade II listed country house hotel and events venue near Wotton-under-Edge in Gloucestershire, has been brought to market with a £6m freehold asking price. The property includes…

Saudi Arabia’s hospitality sector is undergoing a dynamic transformation, fuelled by the Kingdom’s Vision 2030, which is creating new opportunities for tourism, business, and investment. With business travel becoming one of the fastest-growing segments of the market, Hospitality Management Holding (HMH) is strengthening its presence in the Kingdom through the expansion of its Corp Hotels brand. This expansion is guided by HMH’s pioneering Business Leisure concept, designed to seamlessly blend the efficiency of business travel with the comfort and enrichment of leisure hospitality.

This article was written by Travolution. Click here to read the original article Investment led by Sapphire Ventures Travel software company, WeTravel, has tripled its valuation by securing $92 million…

Balfour Hospitality has confirmed the sale of its Hush Heath Inns portfolio, the five-pub joint venture it established with Stonegate Pub Company in 2017. The pubs, including The Falcon Hotel…

Independent hotel management company Trilogy Hotels has commenced operations of the Mercure Penrith, a contemporary hotel adjacent to the Panthers Penrith Leagues Club. Together with the Club, Pullman Penrith and Western Sydney Convention Centre, this move builds a fully integrated sports, entertainment and accommodation precinct.

Paradise SegaSammy Inc, a subsidiary of South Korea-based Paradise Co., Limited (“Paradise”), will be acquiring 501-key Grand Hyatt Incheon West Tower from KAL Hotel Network, a subsidiary of South Korea-based Hanjin Group, for KRW210 billion. The land will remain under the ownership of South Korea-based Incheon International Airport Corporation. This translates to approximately KRW419 million per key and accounts for about 5.3% of Paradise’s consolidated total assets, which stood at KRW3.93 trillion as of December 2024. Originally opened in 2003 as the Hyatt Regency Incheon, the hotel was rebranded as Grand Hyatt Incheon in 2014 following the addition of the West Tower. Located just minutes from Incheon International Airport Terminal 1, the Grand Hyatt Incheon West Tower offers two restaurants and bars, nine meeting spaces, a fitness centre, a swimming pool, sauna facilities, and a club lounge. The property is also just located adjacent to the 711-key Paradise City casino resort, a jo...

HVS Hodges Ward Elliott acts for Archer Hotel Capital in the sale of the Brussels Marriott to LRO Hospitality