A consortium that includes Thailand-based Minor International is exploring options to make an investment of around $350m in Hotel Leelaventure.
23 November 2018
16 November 2018
Penn National Gaming has signed an agreement to buy Greektown Casino-Hotel in Detroit, Michigan, for around $300m in cash.
26 October 2018
CG Hospitality, a Nepal-based firm that has joint venture with India-based Taj Hotels Resorts and Palaces, has acquired The Farm at San Benito in Lipa, the Philippines.
11 October 2018
InterContinental Hotels Group (IHG) has signed a multiple development agreement (MDA) with partner GS Star to open 15 avid-branded hotels in Germany, marking the foray of the brand in Europe.
10 October 2018
JM Financial Asset Reconstruction Company (JMFARC) intends to retain about 10% stake in debt-laden luxury hospitality firm Hotel Leelaventure.
9 October 2018
Hyatt Hotels has signed an agreement to purchase international lifestyle hotel management company Two Roads Hospitality for around $480m.
28 September 2018
Select Group has acquired 344-room niu Air Frankfurt Hotel from GBI, a hotel developer in Germany, for an undisclosed amount.
27 September 2018
Indonesian hotel group Archipelago International has entered into long-term master franchise agreement with Saudi Arabia-based Jabal Omar Development Company’s (JODC) subsidiary Warifat Hospitality.
28 August 2018
US-based Xenia Hotels & Resorts has acquired The Ritz-Carlton, Denver for a purchase price of $100.25m.
21 August 2018
Anbang Insurance is seeking to sell its luxury hotel portfolio it bought in 2016, to raise cash following a takeover by the Chinese government.