acquisition

Travelodge expands portfolio with £210m acquisition

UK budget hotel brand Travelodge is set to enhance its footprint with the acquisition of 66 Travelodge-branded hotels from its…

A roundup of the biggest deals in the hotel industry in 2023

As the curtains draw on 2023, the hotel industry stands witness to a year of transformative shifts and strategic manoeuvres.…

Choice successfully integrates Radisson Hotels Americas

Choice Hotels International has announced the completion of Radisson Hotels Americas integration, 16 months post-acquisition. Choice completed the $675m acquisition of…

Hospitality cloud platform Mews acquires AI start-up Nomi

Mews has announced its acquisition of Nomi, a Nashville-based hospitality startup, to aid hoteliers in providing a hyper-personalised experience for…

US mining project purchases lodging assets for $36m

Hospitality services provider Civeo Corporation has agreed to sell its lodging assets in Alberta, Canada. Opened since 2014, McClelland Lake…

Investment firm AXA acquires Hotel Sofia in Barcelona

French investment firm AXA IM Alts has purchased the five-star Hotel Sofia in Barcelona from the Spanish hospitality platform Selenta…