CHICAGO (November 18, 2024) – The Grand Hyatt brand, featuring a global portfolio of hotels that celebrate the iconic in small details and magnificent moments, continues to expand its global…
Source: New feed
DiamondRock Hospitality Company (NYSE: DRH) announced on Friday it has acquired the fee simple interest in the 245-room AC Hotel Minneapolis Downtown for $30 million, or approximately $122,000 per key, with cash on hand.
Source: New feed
The Sofitel Legend Pyramids Giza is expected to open in 2022.Ê
Source: New feed
The Indian Hotels Company (IHCL) has announced plans to open a new Ginger hotel in Diu, part of the Union Territory of Daman and Diu.
Source: New feed
Hyatt Hotels Corporation and Shebandowan Holdings, S.A. plan to open Hotel La Compa-‘a del Valle in Valle de Anton, Panama, in early 2025.
Source: New feed
Following successful market entries in Croatia and Albania, the company aims to open five new hotels and resorts in the region by 2027.
Source: New feed
Through this partnership, Wyndham will vet and directly connect eligible owners with Lafayette Square, which intends to provide up to $100 million in combined financing over the coming years to help hoteliers advance otherwise stalled projects.
Source: New feed
Dusit International has inked a Memorandum of Understanding (MoU) with Saudi Arabia’s Tourism Development Fund (TDF). This partnership establishes a framework for developing hospitality projects to enhance Saudi Arabia’s tourism sector.
Source: New feed
A total of 583 deals (mergers and acquisitions (M&A), private equity, and venture financing) were announced in the Travel and Tourism sector from January to October 2024.
Source: New feed
CHICAGO (NOVEMBER 14, 2024) – Hyatt’s award-winning loyalty program, World of Hyatt, in collaboration with Headspace, the world’s most accessible and comprehensive mental health platform,…
Source: New feed