Red Rock Resorts, Inc. (NASDAQ: RRR) today announced a definitive agreement between its subsidiary Station Casinos LLC and a subsidiary of the San Manuel Band of Mission Indians to sell the Palms Casinos Resort.
Source: New feed
A survey of the Hospitality Asset Managers Association reveals almost a third are considering brand or management changes as part of their recovery plans, with half planning to change both.
Source: New feed
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.
Source: New feed
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
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.
Source: New feed
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.
Source: New feed