Purchasing & Design East
Jul. 15, 2018
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Deals & Partnerships
LaSalle Hotel Properties To Be Acquired By Blackstone For $33.50 Per Share In $4.8 Billion Transaction
BETHESDA, MD--LaSalle Hotel Properties (NYSE:LHO) (“LaSalle” or the “Company”) today announced that it has entered into a definitive agreement with affiliates ...
Apple Leisure Group And NH Hotel Group Announce Strategic Alliance To Jointly Operate Beachfront Resorts In Europe
NEWTOWN SQUARE, PA–-Apple Leisure Group (ALG) and NH Hotel Group (NH) today announced that the companies have formed a strategic alliance ...
AccorHotels And Algeciras Agree To Buy Chilean Group Atton Hotels
AccorHotels and Chilean group Algeciras announce that they signed an agreement with the shareholders of Atton Hotels in order to acquire ...
AccorHotels Acquires Mövenpick Hotels & Resorts
AccorHotels has today announced that it has signed an agreement with Mövenpick Holding and Kingdom Holding to acquire Mövenpick Hotels & ...
Investra Capital Group And HVMG Complete Joint Venture Acquisition Of 12 Hotel Portfolio
ATLANTA-—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, in conjunction with Investra Capital Group Ltd ...
G6 Hospitality CEO Jim Amorosia To Retire; Rob Palleschi Named Interim CEO
DALLAS, TX–-G6 Hospitality LLC, the parent company of Motel 6 and Studio 6 brands in the U.S. and Canada, today announced ...
RLH Corporation Entes Into Definitive Agreement To Acquire The Knights Inn Brand From Wyndham Hotel Group
DENVER—-RLH Corporation today announced it has entered into a definitive agreement to acquire the Knights Inn brand from Wyndham Hotel Group, ...
RLH Corporation Grows To 100 Plus Hotels In Mid-Upscale Market
DENVER--RLH Corporation (NYSE:RLH) announced today 10 new franchise license agreements with hotels owned by affiliates of Inner Circle Investments and managed ...
World Of Hyatt Extends To Home Sharing With Oasis
CHICAGO–-Hyatt Hotels Corporation (NYSE:H) today announced an industry-leading extension of the World of Hyatt loyalty program to the home sharing space. ...
MagicStay Expands Its Signature Series with onefinestay
PARIS--MagicStay.com, the apartment rental platform for business travelers, is expanding its upscale offering by distributing onefinestay apartments. ...
Interstate Hotels & Resorts Closes Deal To Acquire 83 Property Management Agreements
ARLINGTON, VA–-Interstate Hotels & Resorts (“Interstate” or the “Company”) – the leading U.S.-based global hotel management company – announces it has ...
Wyndham Worldwide To Acquire La Quinta’s Hotel Franchise, Management Businesses
PARSIPPANY, NJ—Wyndham Worldwide Corporation and La Quinta Holdings Inc. have entered into a definitive agreement under which Wyndham Worldwide will acquire ...