
Hyatt to acquire Dream Hotel Group
US: Hyatt is set to acquire Dream Hotel Group and its portfolio of 12 lifestyle hotels, with a further 24 signed in the future.
US: Hyatt is set to acquire Dream Hotel Group and its portfolio of 12 lifestyle hotels, with a further 24 signed in the future.
EU: Hyatt has entered into an exclusive collaboration with German hospitality business Lindner Hotels AG to bring more than 30 properties into the Hyatt brand portfolio.
Worldwide: Hyatt Hotels Corporation has agreed to buy luxury hotel and resort operator Apple Leisure Group for $2.7 billion in
US: The Huntington Hotel in San Francisco has been purchased by hotel management, investment and development company Highgate and hospitality and commercial real estate owner Flynn Properties.
Canada: Smart device automation and SaaS software, Operto Guest Technologies, has secured US$25 million in a Series B funding round.
US: Cloud-based hospitality business intelligence platform OTA Insight has announced the appointment of Vivek Bhogaraju as its new chief operating officer.
UK: Five-star country house Ellenborough Park Hotel has completed the refurbishment of all 61 bedrooms as well as the Horse Box brasserie.
US: Privately owned boutique hotel The Genevieve has opened in Santa Ynez, California, after it was repositioned from the Santa Ynez Inn.
France: Radisson Hotel Group has opened the Hotel YAC Paris Clichy, a member of Radisson Individuals, located in the northwest Parisian suburb of Clichy.
UAE: Lifestyle hospitality company Ennismore has signed its first standalone residences in Dubai under the SLS brand with Roya Lifestyle Development.
UK: Luxury hotel in the Scottish Highlands, Kincraig Castle, has been sold by Graham + Sibbald to Ruchir Gupta of Siya Properties.
France: The four-star Pullman Cannes Mandelieu Royal Casino has been acquired by Poseidon Hospitality, an entity owned by Luminare and Unik Capital Solutions.
Sustainability-linked loans
BHN editor Eloise Hanson comments on the €480 million sustainability-linked loan secured by citizenM.