Berg-Hansen signs multi-year agreement with Sabre to enhance traveller experience
Software and technology firm Sabre has signed a multi-year agreement to help power Norway-based travel management company (TMC) Berg-Hansen's traveller…
04 Mar 2021
HAF buys Texas’ historic Tremont House Hotel
Hospitality Asset Funding (HAF) Group, a US-based provider of capital market solutions for hospitality industry, has acquired Galveston, Texas-based Tremont House Hotel. The iconic Texas landmark Tremont House has served…
22 Feb 2021
Tourism & Leisure industry M&A deals total $3.01bn globally in January 2021
Total tourism & leisure industry M&A deals worth $3.01bn were announced globally in January 2021, led by Marriott Vacations Worldwide’s $430m acquisition of Welk Hospitality Group, according to GlobalData’s deals…
17 Feb 2021
North America’s tourism & leisure industry saw a drop of 16.67% in deal activity during January 2021
North America’s tourism & leisure industry saw a drop of 16.67% in deal activity during January 2021, when compared with the last 12-month average, led by Marriott Vacations Worldwide’s $430m…
17 Feb 2021
Tourism & Leisure industry deals total $4.83bn globally in January 2021
Total tourism & leisure industry deals worth $4.83bn were announced globally for January 2021, with the $1.23bn acquisition of Bourne Leisure being the sector's biggest investment, according to GlobalData’s deals…
10 Feb 2021
Global travel and tourism deals decline by 29.6% in January 2021
The global travel and tourism sector saw a total of 57 deals during January 2021, which is a 29.6% decline over 81 deals announced in December 2020, according to GlobalData,…
09 Feb 2021
Playa Hotels & Resorts sells Dreams Puerto Aventuras Resort & Spa
Playa Hotels & Resorts has concluded the sale of the Dreams Puerto Aventuras Resort & Spa in Mexico for a total cash consideration of $34.5m. The company is the owner,…