Hyatt Regency Shenzhen Airport Opens in China

CHICAGO (May 23, 2018) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Regency Shenzhen Airport in southern China’s Guangdong province. The 335-room hotel welcomes…

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Minor International Acquires 8.6% Stake in NH Hotel Group

Minor International (MINT) announced today that it has reached agreement to acquire 30,000,000 shares in NH Hotel Group in a transaction valued at EUR 192 million, which together with its existing shareholding will increase MINT’s stake in NH Hotel Group to 8.6% on a fully diluted basis.
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376 Key Best Western Premier Cam Ranh Seahorse Beach Resort Announced

Best Western Hotels & Resorts has accelerated its expansion plans in Vietnam with the signing of an upscale beach resort in Cam Ranh. Best Western Premier Cam Ranh Seahorse Beach Resort will be nestled on an idyllic stretch of golden sand on Vietnam’s south-central coast, overlooking the azure East Sea.
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Blackstone Buys LaSalle Hotel Properties for $4.8 Billion

LaSalle Hotel Properties (NYSE:LHO) yesterday announced that it has entered into a definitive agreement with affiliates of Blackstone Real Estate Partners VIII, under which Blackstone will acquire all outstanding common shares of beneficial interest of LaSalle for $33.50 per share in an all-cash transaction valued at $4.8 billion.
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Blackstone Buys LaSalle Hotel Properties for Billion

LaSalle Hotel Properties (NYSE:LHO) yesterday announced that it has entered into a definitive agreement with affiliates of Blackstone Real Estate Partners VIII, under which Blackstone will acquire all outstanding common shares of beneficial interest of LaSalle for $33.50 per share in an all-cash transaction valued at $4.8 billion.
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