Mergers & Acquisitions

This article was written by Lodging Magazine. Click here to read the original article CHICAGO, Illinois—Hyatt Hotels Corporation announced that an affiliate of Hyatt has completed the sale of the…

Blackstone has acquired a stake in M3, the hospitality accounting software. In a statement, M3 said it has inked an agreement for a majority investment from Blackstone Growth and affiliated…

Zleep Hotels, the Denmark-based hotel company, is merging with third-party hotel management company Core Hospitality. The merger will create Denmark’s fourth largest hotel operating company, Core Hospitality said in a…

This article was written by Lodging Magazine. Click here to read the original article ATLANTA, Georgia—Noble Investment Group announced the acquisition of the Courtyard by Marriott Jacksonville Beach Oceanfront. Located…

Larry Ellison, who founded Oracle, a company whose software inhabits a slew of hotels throughout the world, is now the owner of his own hotel—Eau Palm Beach Resort & Spa,…

This article was written by Lodging Magazine. Click here to read the original article With the brand landscape quickly evolving and offering more choices for hotel owners, LODGING‘s annual Guide…

West Virginia Governor Jim Justice is running for a senate seat. He’s racing against time to keep The Greenbrier. It’s over unpaid debts, according to multiple reports that state the…

This article was written by Lodging Magazine. Click here to read the original article Washington, D.C.—Frontier Development & Hospitality Group LLC and its joint venture partner Basis Investment Group (BIG)…

This article was written by Lodging Magazine. Click here to read the original article NEWTON, Massachusettes—Sonesta International Hotels Corporation announced the execution of 19 franchise agreements during the second quarter…

The Olympics are making their return to Paris after more than a century. And while the athletes are gathered, tourists may be staying away. Hotel rates are elevated for the…