Travel and tourism sector witnessed the announcement of 217 deals (mergers and acquisitions (M&A), private equity and venture financing deals) during January-April 2024 compared to the announcement of 251 deals during the same period in previous year.
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IHG announced the signing of a management agreement with Mansarovar Amusement Park & Resort to develop Crowne Plaza Resort Nepalgunj, Nepal. Scheduled to open in early 2028, the resort will feature over 100 keys and will strengthen the IHG portfolio in the SWA region.
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JLL Capital Markets worked on behalf of Songy Highroads LLC and Hyatt Hotels Corporation in this transaction
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Weekly Hospitality Industry Asia Pacific News Roundup from HVS
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Waldorf Astoria Residences Ras Al Khaimah will comprise 43 ultra-luxury residences, penthouses, and sky palaces.
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DSH Hotel Advisors held the exclusive listing with the seller, generating 105+ signed Confidentiality Agreements from qualified buyers and receiving 13+ offers from buyers throughout the country.
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Spanning five stories and 45,000 square feet, this state-of-the-art facility features a versatile, modern design to elevate customized business and leisure events – ranging from personal and intimate to grand, large-scale events – within Miami’s booming social and convention tourism industry.
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IHG Hotels & Resorts is opening two Luxury & Lifestyle brands in Vietnam this year as it introduces Hotel Indigo and Vignette Collection to the market as part of its growth strategy.
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CHICAGO (May 13, 2024) – Hyatt Hotels Corporation (NYSE:H) announced today the first Hyatt hotel in Zimbabwe has opened with the opening of Hyatt Regency Harare The Meikles, marking a significant…

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Wells Fargo, Bank of America and Goldman Sachs provided financing for the 2,619-key resort in Lake Buena Vista
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