Industry

KSL to acquire Hersha Hospitality Trust for $1.4 billion

Reading Time: 2 minutesUS: Travel and leisure investment firm KSL Capital Partners is set to acquire luxury and lifestyle hotel owner Hersha Hospitality Trust in an all-cash transaction valued at approximately $1.4 billion.

Ones to Watch 2023
Features

IHM’s 2023 ones to watch in travel, hospitality and real estate

Reading Time: 16 minutesWorldwide: Drawing from the coverage provided by four sector-leading b2b websites, the editorial team at International Hospitality Media [IHM] highlight 25 influential leaders across travel, hospitality and real estate who they believe have a big 12 months ahead of them.

KSL Sereno Hotels
Industry

KSL acquires majority in Sereno Hotels

Reading Time: < 1 minuteItaly/Caribbean: An affiliate of private equity firm KSL Capital Partners has acquired a majority interest in the luxury hotel group Sereno Hotels.

PIG Hotels Ross
Movers and Shakers

The PIG Hotels promotes Ross to CEO

Reading Time: < 1 minuteUK: Boutique hotel group The PIG Hotels has promoted former managing director Tom Ross to chief executive officer, effective immediately.