Mandarin Oriental Hotel Group has revealed a new brand-led, guest-centric vision and strategy for its next ten years of accelerated growth. The plan will build on the strength of its dual Asian heritage to create exceptional luxury hospitality experiences of the future.
Source: New feed
An analysis of GlobalDataÕs Deals Database also revealed that the volume of M&A deals decreased by 6.8% during Q1-Q3 2024 compared to the same period in 2023, while the number of venture financing deals was down by 25.2% YoY. Meanwhile, private equity deals volume remained unchanged.
Source: New feed
Fund II builds on the success of DoveHill’s Fund I, which made ten investments totaling over 4,600 keys and managed $640 million within three years.
Source: New feed
Mohari Hospitality, Omnam Investment Group, and musician and entrepreneur Pharrell Williams have announced the joint acquisition of a historic 5-star hotel in Paris.
Source: New feed
Landmark Hotels, Inc. has officially begun constructing the Hyatt Place Sonoma Wine Country near Charles Schulz Sonoma County Airport.
Source: New feed
The collaboration will manage and develop hotels, including six existing Mumian hotels and two new Mumian hotels that will open in 2025. These properties will be incorporated into The Unbound Collection by Hyatt and JdV by Hyatt brands.
Source: New feed
CHICAGO (OCTOBER 16, 2024) – World of Hyatt in collaboration with Peloton (NASDAQ: PTON) announces that beginning today, World of Hyatt members can earn points for Peloton workouts completed on…
Source: New feed
CHICAGO (October 16, 2024) Hyatt Hotels Corporation (NYSE: H) announced today that affiliates of Hyatt and China Resources Land (CR Land, stock code: 01109.HK) have entered a joint venture and…
Source: New feed
Weekly Hotel Industry Asia Pacific News Roundup from HVS
Source: New feed
The Indian Hotels Company (IHCL), the country’s leading hospitality firm, has declared plans to establish a new resort in Prayagraj, Uttar Pradesh. This fresh venture will operate under the company’s Gateway brand.
Source: New feed