![The Ritz-Carlton Georgetown, Washington, DC [Credit: Hersha Hospitality Trust]](https://boutiquehotelnews.com/wp-content/uploads/2023/08/Screenshot-2023-08-29-at-09.25.53-800x445.png)
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.
Reading Time: < 1 minuteThe previously announced merger between Cendyn and Pegasus has now completed, enabling hoteliers to control their direct booking channel and enhance brand loyalty.Â
Reading Time: < 1 minuteWorldwide: Cloud-based software and eCommerce service Cendyn has entered in to a merger agreement with Pegasus, a revenue and distribution solution. The merger will offer
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