Global travel and tourism sector records 1.8% growth in deal activity in Q1 2022
Markets such as the UK, US, India, Japan, Germany and Spain saw improvements in deal activity in Q1 2022.
2022 So far In Venture Capital
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2022 So far In Venture Capital
Accor, Ennismore complete merger to establish new lifestyle entity
The new combined entity takes the name Ennismore and will comprise 14 global hotel and co-working brands.
Benchmark Global Hospitality merges with Pyramid Hotel
The combined company has a portfolio of 210 hotels and more than $3bn in annual operating revenue under management.
Hyatt signs deal to open new property in London
An affiliate of Hyatt Hotels has signed a management agreement with developer R&F UK to open a new Park Hyatt…
Saudi Arabia and banks sign deal on $43bn worth tourism projects
Saudi Arabia and banks sign deal on $43bn worth tourism projects
UK tourism industry is dealt another blow as England’s three-tier system is rolled out
The new three-tier system that has been rolled out in England comes in to force today (14 October 2020). An…
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Accor-IHG merger rumours hints at imminent consolidation
IHG and Accor have recently refused to comment on a flurry of rumours regarding a merger between the two hotel…
ByQueensgate Investments acquires four Grange hotels for £1bn
Queensgate Investments has acquired four upscale Grange hotels in central London in a deal valued at approximately £1bn.