Woodridge affiliates and Oaktree Capital Management funds acquired InterContinental San Francisco Mark Hopkins for $120m

San Francisco, 2014-2-18 — /travelprnews.com/ — InterContinental Hotels Group PLC (IHG) [LON:IHG, NYSE:IHG (ADRs)] today announces the sale of the 383 room InterContinental San Francisco Mark Hopkins¹ (the “Hotel”) to a joint venture between affiliates of Woodridge Capital Partners (“Woodridge”) and funds managed by Oaktree Capital Management L.P. (“Oaktree”) for $120m gross cash proceeds. IHG will continue… Read the full press release

Travel management and travel data leader TRX, Inc. acquired by Concur

Bellevue, Wash., 2013-07-24 — /travelprnews.com/ — Concur (Nasdaq: CNQR), the global leader in integrated travel and expense management, today announced it acquired TRX, Inc., a leader in travel data and Travel Management Company (“TMC”) mid-office technology solutions. Based in Atlanta, TRX offers solutions that enhance TMC efficiency through automation while also providing TMCs with a powerful data and analytics… Read the full press release