Tag Archives: acquire

Wizz Air to strengthen position as one of the world’s most sustainable airlines with plans to acquire 75 Airbus A321neo aircraft

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Budapest, Hungary, 2022-Sep-24 — /Travel PR News/ — Wizz Air, Europe’s fastest growing and most sustainable low-cost airlines, has announced that it has given notice to Airbus to exercise its purchase rights in relation to 75 Airbus A321neo aircraft. The 75 additional A321neo aircraft, most of which are expected to be delivered in 2028-29*, underpins… Read the full press release

Booking Holdings to acquire B2B distributor of hotel rooms, Getaroom for approximately $1.2 billion

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NORWALK, Conn., 2021-Nov-16 — /Travel PR News/ — Booking Holdings Inc. (NASDAQ: BKNG) today (11.12.21 ) announced that it has entered into an agreement to acquire B2B distributor of hotel rooms, Getaroom, from Court Square Capital Partners for approximately $1.2 billion. Completion of the acquisition is subject to customary closing conditions, including regulatory approval. At… Read the full press release

Hyatt to acquire leading luxury resort-management services, travel and hospitality group Apple Leisure Group

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Acquisition accelerates asset-light transformation; launches Hyatt’s commitment to sell additional $2 billion of hotel assets by the end of 2024 Doubles Hyatt’s global resorts footprint with accretive net rooms growth over the coming years with global expansion of AMR Collection™ brands like Secrets®, Dreams® and Zoëtry® Hyatt to Discuss Transaction on Webcast Scheduled for Monday, August 16 at 7:30 a.m. CDT CHICAGO, IL, 2021-Aug-17 — /Travel PR News/ — Hyatt Hotels Corporation (NYSE: H) today (August… Read the full press release

The Najafi Companies to acquire all the assets of Classic Vacations from Expedia Group

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San Jose, CA, 2021-Mar-04 — /Travel PR News/ — Classic Vacations announced that a definitive purchase agreement has been signed by The Najafi Companies to acquire all the assets of Classic Vacations from Expedia Group effective April 2, 2021. Classic Vacations is the leading provider of premier vacation packages around the world, including but not… Read the full press release

Huazhu Group to acquire all shares of Deutsche Hospitality

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Shanghai, China/ Singapore/ Frankfurt, Germany, 2019-Nov-05 — /Travel PR News/ — Huazhu Group (“Huazhu”), a leading multi-brand hotel group (Nasdaq: HTHT), announced today (November 04, 2019) that it reached an agreement to acquire all shares of Deutsche Hospitality (“the company”), a renowned international hotel group, through its wholly owned subsidiary China Lodging Holding Singapore. Deutsche… Read the full press release

Ryanair to acquire Malta Air

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DUBLIN, Ireland, 2019-Jun-12 — /Travel PR News/ — Ryanair Holdings, Europe’s largest airline group, today (11th June) announced it has agreed to purchase Malta Air, a Maltese start up airline, into which Ryanair will move and grow its Malta based fleet of 6 B737 aircraft. This investment in Malta Air will allow Ryanair to grow its already… Read the full press release

Enterprise Holdings to acquire an innovative managed-travel technology platform Deem

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ST. LOUIS, Country, 2019-Jan-18 — /Travel PR News/ — Enterprise Holdings today (Jan. 17, 2019) announced its intent to acquire San Francisco-based Deem – an innovative managed-travel technology platform that includes Deem Work Fource and Deem Ground Work, a suite of online booking and travel technology products for business travelers, travel managers, travel-management companies and suppliers. More than 50,000 corporate customers and the… Read the full press release

Brussels Airport Company to acquire Airhotel Belgium bvba (ltd), the company owning the Sheraton Hotel at Brussels Airport

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Brussels, Belgium, 2019-Jan-17 — /Travel PR News/ — Brussels Airport Company has signed an agreement to acquire Airhotel Belgium bvba (ltd), the company owning the Sheraton Hotel at Brussels Airport. With this acquisition, Brussels Airport will take control of a strategic location right in front of the terminal building and will invest in a high quality… Read the full press release

Siris Capital Group and Evergreen Coast Capital to acquire all the outstanding common shares of Travelport for $15.75 per share in cash

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Agreement with Siris Capital and Evergreen Coast Capital Travelport to continue technical innovation under private ownership Guidance updated. Acquisition expected to close Q2 2019 LANGLEY, U.K., 2018-Dec-14 — /Travel PR News/ — Travelport Worldwide Limited (“Travelport”) (NYSE: TVPT), a leading travel technology company, today (10 December 2018) announced that it has entered into a definitive… Read the full press release

AccorHotels to acquire 85% of 21c Museum Hotels

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PARIS, France, 2018-Aug-01 — /Travel PR News/ — AccorHotels today (July 31, 2018) announced that it has signed an agreement to acquire 85% of 21c Museum Hotels, an award-winning hospitality management company pushing the boundaries of the museum and hotel worlds to create a new kind of travel experience. 21c combines a multi-venue contemporary art museum,… Read the full press release

Aspen Skiing Company and KSL Capital Partners To Acquire Mammoth Resorts

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Aspen and Denver, Colorado, 2017-Apr-19 — /Travel PR News/ — Mammoth Resorts, the owner of Mammoth Mountain Ski Area, Snow Summit, Bear Mountain and June Mountain, today (APRIL 12, 2017) announced that it has entered into a definitive agreement to be acquired by a newly formed entity controlled by affiliates of the Aspen Skiing Company,… Read the full press release

Inland American Lodging Group, Inc. to acquire from Hyatt Hotels Corporation two Andaz hotels located in Napa, CA, and Savannah, GA

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Oak Brook, Ill., 2013-09-25 — /travelprnews.com/ — Inland American Lodging Group, Inc. (“IALG”), a wholly owned subsidiary of Inland American Real Estate Trust, Inc. (“Inland American”), and Hyatt Hotels Corporation (NYSE: H) today announced that IALG has acquired a portfolio of two Andaz hotels for approximately $115 million. The hotels, both part of Hyatt’s acclaimed boutique… Read the full press release