Mergers & Acquisitions

This article was written by HospitalityOn. Click here to read the original article Leonardo Hotels continues its expansion in Italy with the acquisition of the former Hotel dei Borgia, now…

With RevPAR hitting a record $78 in 2024 — 14% above 2019 levels — and demand surging by 232,000 room nights year-over-year (almost fully recovering from 2019), the select-service and…

This article was written by Lodging Magazine. Click here to read the original article InterContinental Hotels Group, PLC reported Q4 and full-year 2024 results. Highlights include: Trading and revenue Global…

Henderson Park, the international private equity real estate firm, has acquired a portfolio of five Novotel Suites hotels in France in partnership with French asset management company Atream. The deal,…

This article was written by Lodging Magazine. Click here to read the original article InterContinental Hotels Group PLC (IHG) acquired the Ruby brand and related intellectual property for an initial…

This article was written by HospitalityOn. Click here to read the original article InterContinental Hotels Group has announced the acquisition of the Ruby Hotels brand for €110 million. The brand…

Scandic Hotels is expanding its presence in Germany with the takeover of a vacant 214-room hotel in the western district of downtown Berlin. The company has signed a lease agreement…

This article was written by HospitalityOn. Click here to read the original article This transaction was carried out on behalf of one of its pan-European hotel funds, marking a new…

Hyatt Hotels Corp. has already made noise in 2025 with its its acquisition of Playa Hotels and Resorts. Last year wasn’t too shabby, either. Net rooms grew 7.8% for the…