Capital-raising and hotel sales highlight investor optimism for the sector’s recovery
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American Express Global Business Travel (GBT) has made a binding offer to acquire Egencia, Expedia Group’s corporate travel arm. As part of the transaction, Expedia Group would become a shareholder in, and enter a long-term strategic commercial agreement with, GBT.
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CHICAGO (May 4, 2021) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported first-quarter 2021 financial results. Net loss attributable to Hyatt was $304 million, or $2.99…

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Travelodge has announced it expects to open 17 new hotels across the UK in 2021, creating 360 new jobs and growing its hotel network to 597 locations in the UK, Ireland and Spain.
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The Siegel Group Nevada, Inc. announced today that it had acquired the former Amerihome Inn & Suites located in Houston, Texas. This acquisition increases the number of Siegel Suites and Siegel Select properties throughout the United States to 60 and marks the brand’s third location in the Texas market.
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Hospitality company Dovetail + Co expands into Bermuda with the acquisition of the historic Cambridge Beaches Resort & Spa.
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Multi-deal signing represents Hilton Luxury Brands’ debut in gateway cities and Conrad’s largest hotel to open in Asia with Conrad Shanghai
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First built in 1988, it rebranded as InterContinental Adelaide in 2009. It will undergo an extensive $32 million refurbishment, commencing in late 2021.
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New World Hotels & Resorts has been appointed by Hong Kong SAR-based real estate and development firm La Plume Niseko Resort TMK to manage New World La Plume Niseko Resort, a new luxury resort in Japan set to open in 2023.
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Auberge Resorts Collection announced yesterday it will manage The Hearst Hotel, Auberge Resorts Collection, a piece of history in the heart of San Francisco. The Hearst-owned building, a 1911 landmark which is being redeveloped by JMA Ventures, will be reborn as The Hearst Hotel, Auberge Resorts Collection.
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