Mergers & Acquisitions

This article was written by Lodging Magazine. Click here to read the original article NEW DELHI and DALLAS—Oravel Stays, the parent company of the global travel technology company OYO, announced…

This article was written by Lodging Magazine. Click here to read the original article LOS ANGELES, California—JLL’s Hotels & Hospitality Group announced that it secured $153 million in senior financing…

The light is still on. There’s just a new owner at the switch. Blackstone has agreed to sell the economy hotel chain Motel 6 and sister brand Studio 6 to…

Peachtree Group has expanded its portfolio and added its sixth hotel this year with the acquisition of the AC Hotel by Marriott in Park City, Utah. The acquisition price and…

Gencom, the Miami-based investment firm, has marked its entry into New York City with the acquisition of the Thompson Central Park. The 587-key luxury-lifestyle hotel is located in Manhattan’s Billionaires’…

Room00 Group, the primary platform for hostels and boutique hotels in Spain’s Iberian Peninsula, along with the Dorsa Holding Group have acquired TOC Hostels for €20 million. The partners have…

This article was written by Lodging Magazine. Click here to read the original article NEW YORK—Smith Hill Capital and Bain Capital’s Special Situations team announced the firms’ joint venture originated…

NEWCRESTIMAGE ACQUIRES DOUBLETREE SUITES: NewcrestImage has acquired the DoubleTree Suites by Hilton Hotel Columbus Downtown in Ohio. The acquisition price and seller’s details were not disclosed. Located in the downtown,…

This article was written by Lodging Magazine. Click here to read the original article COLUMBUS, Ohio—Red Roof continued to strengthen the brand and its business with the opening of its…

This article was written by Restaurant Online Magazine. Click here to read the original article Both sites are understood to have closed in recent weeks. The group’s restaurant within the…