US: Meetings, events and hospitality technology provider Cvent has entered into a definitive agreement to be acquired by Blackstone at an enterprise value of $4.6 billion.
France: The four-star Pullman Cannes Mandelieu Royal Casino has been acquired by Poseidon Hospitality, an entity owned by Luminare and Unik Capital Solutions.
UK: Jane Bental, former Bourne Leisure executive, is set to join privately owned and operated hotel group, Resident Hotels, as chair.
The editorial team at International Hospitality Media (IHM) have created a list of 20 influential leaders across travel, hospitality and real estate.
US: Sage Hotel Management, part of Sage Hospitality Group, has reorganised its portfolio into three operating verticals and has appointed vice presidents for each department. Sage Hotel Management properties will now be organised into three verticals: • The Upscale Collection (branded, focused-serviced hotels) • The Premier Collection (luxury, soft-branded and
Andrew Harrington, partner at AHV Associates, gives an overview of the last month’s financial activity across the hospitality sector. The AHV Hospitality Index increased by a remarkable 22% in the last month, surpassing the Pre-covid-19 levels, and outperformed the broader European indices. This reflects investors expectation of a significant rebound
Worldwide: In the lead up to URBAN LIVING FESTIVAL: stay-live-work, International Hospitality Media has created a list of 50 innovators who have changed urban life. These 50 have led some of the most dynamic, exciting and successful businesses in the UK and abroad, all of which have changed the ways
In the lead up to URBAN LIVING FESTIVAL 2020: stay-live-work, taking place 25-26 November at Tobacco Dock in London, International Hospitality Media has created a list of 50 people who have changed and shaped urban life. These 50 have led some of the most dynamic, exciting and successful businesses and
The COVID-19 humanitarian challenge will have lasting effects on how people stay, live and work in the future. These three themes will be explored by hospitality and real estate leaders at the URBAN LIVING FESTIVAL 2020: stay-live-work, November 25-26, London, and how their businesses can remain relevant in what is being
Andrew Harrington of AHV Associates looks at the increasing levels of merger and acquisition activity in the hospitality sector. As the world continues to experience relatively low interest rates, excessive liquidity and high stock prices, M&A activity has reached record levels. In the first nine months of 2018, deals worth
