
Cvent to be acquired by Blackstone in more than $4bn deal
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.
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.
Worldwide: Accessible travel company Wheel the World has closed a $6 million funding round and announced two new booking tool features.
Worldwide: Cloud-based business intelligence company OTA Insight has launched Rate Insight+, a commercial tool which combines hotel and short-term rental data into one platform.
Worldwide: Travel technology startup hivr.ai has integrated with meetings and events technology provider Cvent to automate the RFP process.
Worldwide: Travel management company BCD Travel has expanded its agreement with travel technology company Amadeus to target opportunities in corporate travel.
Worldwide: Hospitality content distribution company HotelPORT has announced a global partnership with database management company GIATA to expand the reach of PropertyVIEW.
Worldwide: Hotel management system RoomRaccoon has announced a two-way integration with point-of-sale (POS) system, Epos Now.
Worldwide: Wellbeing travel-tech startup BODDY has entered into a binding merger agreement with digital fitness network TrainAway.
Worldwide: Hospitality software company Shiji Group has integrated with travel technology company Amadeus to form an AI-driven chatbot which connects customer research with booking.
Greece: Travel experience marketplace CaptainBook.io has raised €250,000 on SeedBlink and plans to expand in Europe.
Worldwide: Luxury lifestyle hospitality brand Nikki Beach Global will open two beach resorts in Antigua (the Caribbean) and Baku (west Asia) in 2025.
UK: Formerly the Dorsett City London, the hotel has undergone a rebrand and has relaunched as the independent property Hotel Saint in Aldgate.
UK: Zeal Hotels, an acquisition and development company, has signed an exclusivity agreement with IHG Hotels & Resorts for its first net zero carbon hotel in Exeter.
UK: Global real estate advisor CBRE is marketing the Park Hotel Kenmare and The Lansdowne Kenmare in Ireland for a combined guide price of €20.5 million.
US: Auberge Resorts Collection, a portfolio of luxury hotels, resorts and residences, has been appointed to manage the urban hotel and residences, The Knox, in Dallas, Texas.
Germany: International Hospitality Media (IHM), the publisher of Boutique Hotel News media supporter of Adjacent Spaces at the International Hospitality Investment Forum (IHIF), provides an overview of the key takeaways from the two day conference.
UK: Nominations for this year’s Independent Hotel Show Awards, which includes the Independent Hotel of the Year and the GM of the Future, are now open with deadlines in mid-June.
Worldwide: Luxury hotel company Langham Hospitality Group has promoted its regional VP of EMENA, Bob van den Oord, to chief executive officer.
Thailand: New build hotel YOTEL Bangkok will be located in south Sukhumvit in the city’s cybertech district Cloud 11, and is set to open in 2025.
US: Tech-enabled hospitality company Life House has been selected to manage three independent hotels in Texas.