A total of 347 deals (comprising mergers and acquisitions (M&A), private equity, and venture financing deals) were announced in the global travel and tourism sector during the first half (H1) of 2024, which was a year-on-year (YoY) decline of 12.6% compared to the 397 deals announced during the same period in the previous year, according to GlobalData.
Source: New feed

JLL Capital Markets represented Huntington Hotel Group in securing bridge financing for 162 key hotel
Source: New feed

The Perry Hotel Naples, a 160-room hotel located along the Cocohatchee River in North Naples, Florida, is slated to open this fall. It will be the second location for The Perry, a boutique hotel brand that launched in Key West in 2017.
Source: New feed

The £120 million value-add fund will mirror OCIMÕs European footprint of offices, targeting key European markets including Ireland, Portugal, Spain, Poland and the UK.
Source: New feed

Weekly Hotel Industry Asia Pacific News Roundup from HVS
Source: New feed

IHG Hotels & Resorts will expand its Sydney portfolio with the addition of two Crowne Plaza hotels, following a strategic portfolio agreement with Frank and Wade Huang of Star Millennium Pty Ltd that will see the rebranding of two well-loved hotels at Sydney Airport and Macquarie Park.
Source: New feed

The 235-room Peppers Edge hotel will be joined by a 135-room MGallery luxury resort hotel. MGallery and Peppers Edge Wenzhou Banping Island are expected to open in late 2027.
Source: New feed

Y2 Residences is a chic and contemporary boutique hotel located in the heart of Makati, one of the bustling business districts in Metro Manila, Philippines.
Source: New feed

JLL’s Hotels and Hospitality group led the sales efforts and secured acquisition financing for the 130-suite hotel
Source: New feed

Bally’s Beginning Site Prep for Demolition for Fall 2026 Opening
Source: New feed