A total of 365 deals (mergers & acquisitions, private equity, and venture financing deals) were announced in the travel and tourism sector globally during the first half (H1) of 2023, which was a decline of 38.8% compared to 596 deals announced during the same period in the previous year, reveals GlobalData.
Source: New feed
Author: hotelprojectdata
Westin Annapolis Hotel in Maryland Sold
District Hospitality Partners, a privately held hospitality investment group that owns properties nationwide, announced today the acquisition of the Westin Annapolis.
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Loren Hotel Group Breaks Ground in Turks & Caicos for the Loren at Turtle Cove Hotel and Residences
Inspired by the sea and designed to redefine luxury in the Caribbean, The Loren at Turtle Cove will open in 2026 with six private beachfront villas, 25 condominium units and 33-guest suites.
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JdV by Hyatt Enters California’s Scenic Wine Country with Calistoga Motor Lodge and Spa as Newest Addition to Growing Independent Lifestyle Portfolio
CHICAGO, IL (July 13, 2023) – Hyatt Hotels Corporation (NYSE: H) announced today that Calistoga Motor Lodge and Spa, a retro-inspired property with 97 guestrooms and suites, has joined the JdV…
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IHCL Debuts in Kolhapur, Maharashtra with the Signing of a Ginger Hotel
The 100-key hotel is strategically located in the city centre at a short driving distance from both the Kolhapur airport as well as important commercial districts.
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HVS Europe Hotel Transactions Bulletin Week Ending 7 July 2023
A summary of European hotel transactions provided by HVS
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Mandarin Oriental to Open New Luxury Hotel and Branded Residences in 2028 on London's South Bank
The hotel will be part of the larger Bankside Yards development, which serves to reconnect the space between the Tate Modern and Blackfriars Station and is centred around the historic railway arches that run through the heart of the site.
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Parent Company of Huddle House and Perkins Restaurant & Bakery Closes Fiscal Year 2023 with 32 Signed Franchise Agreements
This continues the trend over the past two years, where Ascent Hospitality Management has signed 70 franchise agreements. The signings in Fiscal Year 2023 bring their portfolio to nearly 600 locations open or in development across the U.S. and Canada.
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Rivers Casino Philadelphia Plans Boutique Luxury Hotel in Fishtown
Waterfront hotel with views of Ben Franklin Bridge to debut by year-end 2023
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Sweet Paris Crêperie Expands Texas Presence, Opens at La Plaza Mall in McAllen in 2024
Houston-Based Fast-Casual Brand to Open First Location on Southern Texas Border, With Six More on the Way Across Texas
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