American Express Acquires Egencia

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.
Source: New feed

Hyatt Reports First-Quarter 2021 Results

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…

Source: New feed

Amerihome Inn & Suites in Houston, Texas Acquired by The Siegel Group

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.
Source: New feed

New World La Plume Niseko Resort to Open In 2023

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.
Source: New feed

The Hearst Hotel in San Francisco to Open in 2023

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.
Source: New feed

IntercityHotel Karlsruhe to Open 2023 in Germany

The hotel is scheduled to open in the second quarter of 2023 and will offer 194 rooms, a restaurant and a bar, all designed by the Italian architect and designer Matteo Thun. It will also house an events facility extending over an area of 233 square metres and four conference rooms.
Source: New feed