The Indian Hotels Company (IHCL) has announced its acquisition of the majority shareholding in Tree of Life, an operating company associated with Ambuja Neotia Group. This move signifies IHCL’s foray into the experiential leisure segment.
Source: New feed
This marks the largest hotel transaction in the Miami market this year. Tricap sold the property to the Reuben Brothers.
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In a strategic move to expand its lifestyle hotel division and presence across the U.S., PM Hotel Group has announced a merger with Sightline Hospitality.
Source: New feed
Hyatt Hotels Corporation has announced a new management agreement with Veda Hospitality Private Limited, part of the Golyan Group, to develop Hyatt Regency Lumbini.
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The hotel is expected to reopen under the new brand by the end of 2024, becoming Mexico’s second Hyatt Centric property.
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Weekly Hotel Industry Asia Pacific News Roundup from HVS
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The building, built around 1900, will be renovated and rebranded as Alluxsuites at the Vault.
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CHICAGO (November 05, 2024) – Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a management agreement with Veda Hospitality Private Limited, a part of the…
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CHICAGO (November 5, 2024) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Centric Malta, marking the exciting debut of the Hyatt Centric brand in Malta. As the seventh…
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CHICAGO (November 4, 2024) — Hyatt Hotels Corporation (NYSE: H) announced today the planned rebranding of Thompson Playa del Carmen Main House and Beach House to Hyatt Centric Playa del Carmen….
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