A total of 621 deals* were announced in the travel and tourism sector globally during January-October 2023, which was a decline of 31.8% compared to the announcement of 911 deals during the same period in the previous year, finds GlobalData.
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Hyatt Hotels Corporation (NYSE:H) and Extell Development Company today announced the planned expansion of the Grand Hyatt brand in Park City, Utah. Expected to open late 2024, Grand Hyatt Deer Valley will mark the debut of the Grand Hyatt brand in Utah and will be located at the famed Deer Valley Resort.
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JLL’s Hotels & Hospitality group represented JNR Management Inc in the sale of the 100-room hotel
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Banff’s newest hotel, Moxy Banff, is slated to open in January 2024 in the Canadian Rockies. Moxy Banff has been developed in partnership with Drumheller-based company, Canalta Hotels.
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Hilton (NYSE: HLT) today announced a franchise agreement with Groupe Bertout to open the Columbus Hotel Monte-Carlo, Curio Collection by Hilton. Marking Hilton’s debut in Monaco, the boutique lifestyle, 181-guest room hotel is expected to rebrand before the end of the year.
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The property is located in a strong retail corridor in Oklahoma and is franchisee-operated under a triple net lease to K-MAC Enterprises, LLC with approximately five years of term remaining.
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Two hotels and two residences will bring the Dusit to Karnataka state
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CHICAGO (November 9, 2023) – Hyatt Hotels Corporation (NYSE:H) and Extell Development Company today announced the planned expansion of the Grand Hyatt brand in Park City, Utah. Expected to open…
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Choice Hotels International President and CEO Pat Pacious reaffirmed the brand's interest in acquiring Wyndham Hotels & Resorts despite Wyndham's strong rejection.
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Marriott International, Inc. today announced it has signed an agreement to bring The Luxury Collection to the Dodecanese Islands in Greece, following an extensive renovation of Patmos Aktis Suites & Spa.
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