Dubai, UAE, 2023-Feb-09 — /Travel PR News/ — Jumeirah Group, the global luxury hospitality company and member of Dubai Holding, today (06 February 2023) announced the acquisition of its first property in Switzerland as it continues its growth trajectory and international expansion. The flagship property – Le Richemond – was founded in 1875 and is… Read the full press release
Focus on Growth Brands and Markets Positions Choice Hotels for a Banner 2023 ROCKVILLE, Md., 2023-Jan-25 — /Travel PR News/ — As a legacy leader in upper midscale and midscale, Choice Hotels International, Inc. (NYSE: CHH)—one of the largest lodging franchisors in the world—made a series of strategic moves to position itself as the challenger brand to watch… Read the full press release
Hyatt’s transformative growth continues with planned acquisition of Dream Hotel Group, global expansion of Caption by Hyatt brand and organic growth of Hyatt’s global portfolio CHICAGO, IL, 2023-Jan-24 — /Travel PR News/ — Hyatt Hotels Corporation (NYSE: H) shared today (January 20, 2023) that Hyatt is positioned for continued transformative growth in 2023 and beyond with… Read the full press release
Cologne, Germany, 2023-Jan-22 — /Travel PR News/ — Deutsche Lufthansa AG is aiming to acquire a stake in the Italian national carrier ITA Airways (Italia Trasporto Aereo S.p.A.). The plan is to agree on the initial acquisition of a minority stake as well as on options to purchase the remaining shares at a later date…. Read the full press release
LAS VEGAS, NEV., 2023-Jan-17 — /Travel PR News/ — Hard Rock International (HRI) on Friday received regulatory approval from the Nevada Gaming Commission for its acquisition of The Mirage Hotel & Casino from MGM Resorts International. HRI assumed operations control of the property as of 6 a.m. Monday, December 19. Under terms of the transaction,… Read the full press release
Acquisition to expand Hyatt’s unique lifestyle hotel offerings with a quickly growing brand portfolio focused on vibrant dining and nightlife experiences Chicago, IL, 2022-Dec-01 — /Travel PR News/ — Hyatt Hotel Corporation (NYSE: H) and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s lifestyle hotel brand and management platform including… Read the full press release
Advances Air Canada’s modernization program for more fuel-efficient fleet MONTREAL, CANADA, 2022-Nov-01 — /Travel PR News/ — Air Canada today (Oct. 26, 2022) announced that it has converted options for 15 Airbus A220-300 aircraft into firm orders, bringing to 60 the total number of the Canadian-built aircraft it will acquire for its fleet. “This expanded… Read the full press release
Unites highly complementary hospitality businesses, adding nine brands and 67,000 rooms in attractive, higher revenue destinations ROCKVILLE, Md., 2022-Aug-12 — /Travel PR News/ — Choice Hotels International, Inc. (NYSE: CHH) today (Aug. 11, 2022) announced that it has completed the acquisition of the franchise business, operations and intellectual property of Radisson Hotels Americas for approximately $675… Read the full press release
Company enters new long-term franchise agreement and Pyramid Global Hospitality will manage the Music City hotel ROCKVILLE, Md., 2022-Jul-30 — /Travel PR News/ — Choice Hotels International, Inc. (NYSE: CHH) today (July 27, 2022) announced the sale of the Cambria Hotel Nashville Downtown for $109.5 million. In addition, the company entered a new long-term franchise agreement with the… Read the full press release
Unites highly complementary businesses, adding nine brands, 624 hotels and over 68,000 rooms Marks the latest step in Choice’s strategy of growing its asset-light portfolio of hotel brands in higher revenue travel segments and locations Extends Choice’s customer reach with some of the industry’s most recognized brands Radisson Hotel Group to continue growing and managing… Read the full press release
Brussels, Belgium, 2022-Mar-04 — /Travel PR News/ — Swissport International AG has successfully concluded the acquisition of Belgium Airport Services (BAS) with effect from 1 March 2022. The Swiss company, a global leader in air cargo handling, now holds 100% of BAS, growing its total warehouse and handling capacity in Belgium by more than 40%…. Read the full press release
London, UK, 2022-Jan-14 — /Travel PR News/ — Just months after its creation, by the coming together of tourism marketing agencies: Black Diamond (UK), Interface Tourism (France, Spain, Italy, Netherlands), and GCE Global Communications Experts (Germany), ITG International Tourism Group has today announced the acquisition, through its Spanish office, Interface Tourism Spain, of 80% of… Read the full press release
Zurich, Switzerland, 2022-Jan-14 — /Travel PR News/ — At the beginning of this year, Swissport has finalized the acquisition of AGS Aviation Ground Services in Aruba and assumes the Dutch Caribbean company’s ground handling operations at Queen Beatrix International Airport in Oranjestad (AUA). With the acquisition of AGS Aviation Ground Services, a ground handling services… Read the full press release
BROOMFIELD, Colo., 2021-Dec-12 — /Travel PR News/ — Vail Resorts, Inc. (NYSE: MTN) announced today (December 8, 2021) that it has entered into an agreement to purchase Seven Springs Mountain Resort in Pennsylvania from Seven Springs Mountain Resort, Inc. As a part of the acquisition, Vail Resorts will also acquire Hidden Valley Resort and the operations… Read the full press release
Zurich, Switzerland, 2021-Nov-18 — /Travel PR News/ — Swissport International AG has increased the shareholding in its Swissport Korea joint venture to 100 percent from formerly 59 percent, underlining its confidence in the Korean aviation market and delivering on its Asia growth strategy. After first entering the Korean market in 2005 in a joint venture… Read the full press release
Well Positioned to Capture Significant and Growing Leisure Travel Demand with Enhanced End-to-End Offerings and an Increasingly Diversified Portfolio Reaffirms Expanded Asset Sale Commitment to Generate an Additional $2 Billion of Proceeds by End of 2024 Fully Completes Existing Commitment CHICAGO, IL, 2021-Nov-04 — /Travel PR News/ — Hyatt Hotels Corporation (NYSE: H) today (November… Read the full press release
The premier beach resort brand further expands its footprint with planned purchase of 509-room oceanfront Sheraton Kona Resort & Spa at Keauhou Bay HONOLULU, 2021-Jul-28 — /Travel PR News/ — Outrigger Hospitality Group announced today that it has revived its plan to acquire ownership of Sheraton Kona Resort & Spa at Keauhou Bay, a 509-room property… Read the full press release
Alison Taylor and Steve Sitto to join the GBTA Board of Directors; Christle Johnson and Greeley Koch to co-chair new Integration and Brand re-activation committee Alexandria, Virginia, 2020-Nov-25 — /Travel PR News/ — The Global Business Travel Association (GBTA), the world’s largest business travel association, has completed its acquisition of key assets of the Association… Read the full press release
BETHESDA, MD, 2019-Dec-11 — /Travel PR News/ — Marriott International, Inc. (NASDAQ: MAR) announced that it has completed its acquisition of Elegant Hotels Group plc. The announcement from Elegant and International Hotel Licensing Company S.à r.l. was issued over London’s Regulatory News Service earlier today (DECEMBER 9, 2019). Full text can be found below: On 18… Read the full press release
LONDON, UK, 2019-Sep-20 — /Travel PR News/ — Ancala Partners LLP (‘Ancala’), the independent infrastructure investment manager, today (17 September 2019 ) announces that it has completed the acquisition of a 45% interest in Liverpool John Lennon Airport (LJLA) for an undisclosed sum on behalf of its funds. Ancala has purchased 35% of the airport from… Read the full press release
BUDAPEST, 2019-Aug-06 — /Travel PR News/ — Szallas.hu PLC. has successfully acquired two Hungary-based intercountry travel agencies, Utazok.hu PLC. and Maiutazás Group, both of them offers discount trips online. By also purchasing Pihipakk.hu, the portfolio of Szallas.hu PLC. is now supplemented with experience packages, and Maiutazas.hu will be integrated into the international travel branch. Maiutazas Group achieved EUR 5,5 million… Read the full press release
HK Express will remain a stand-alone low-cost carrier to serve a niche value market segment Hong Kong, China, 2019-Jul-22 — /Travel PR News/ — Cathay Pacific announces that it has completed the acquisition of Hong Kong Express Airways (HK Express). HK Express is now a wholly owned subsidiary of Cathay Pacific. Cathay Pacific Chief Executive Officer… Read the full press release
Mindil Beach Casino & Resort selected as new name after stakeholder input DARWIN, N.T., Australia, 2019-Apr-01 — /Travel PR News/ — Global hospitality company Delaware North has received regulatory approval to proceed with its acquisition of SKYCITY Darwin and has announced plans to rename the popular gaming and entertainment venue and resort. The official transfer… Read the full press release
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement…. Read the full press release
Denham, United Kingdom, 2019-Feb-14 — /Travel PR News/ — InterContinental Hotels Group (IHG®) has today (13 FEBRUARY 2019) announced the acquisition of Six Senses Hotels Resorts Spas, one of the world’s leading operators of luxury hotels, resorts and spas. The $300 million cash acquisition from Pegasus Capital Advisors includes all of Six Senses’ brands and operating… Read the full press release
Milestone Caps off Year of Record Performance and Rapid Growth ROCKVILLE, Md., 2019-Feb-13 — /Travel PR News/ — The WoodSpring Suites brand recently surpassed another milestone with the opening of its 250th hotel in the greater Portland, Ore., area. This landmark achievement coincides with the one-year anniversary of the Choice Hotels International, Inc. (NYSE: CHH) acquisition of the WoodSpring brand… Read the full press release
LOS ANGELES, CA, 2019-Jan-21 — /Travel PR News/ — Oakwood®, wholly owned by Mapletree Investments (“Mapletree”), announced today (JANUARY 17, 2019) that it will manage Mapletree’s latest acquisition of a 184-unit residential property at 1550 Clarendon Boulevard in Arlington, Virginia, from AvalonBay Communities, Inc. Located in Arlington’s desirable, bustling Rosslyn neighborhood, known for the quality lifestyle it… Read the full press release
Dubai/New York, 2018-Dec-13 — /Travel PR News/ — dnata, one of the world’s largest air services providers, today (11 December 2018) announced that it had completed the acquisition of New York-headquartered inflight and VIP caterer, 121 Inflight Catering. The acquisition allows dnata to significantly expand its operations in the United States, further strengthening its global network… Read the full press release
Bangkok, Thailand, 2018-Dec-13 — /Travel PR News/ — Leading accommodation provider Oaks Hotels & Resorts, a division of Minor Hotels, is strengthening its presence in Tropical North Queensland, announcing it has acquired the freehold interest of the boutique resort QT Port Douglas and adjoining land. In a deal brokered by CBRE, the 170-room resort – now called Oaks Resort… Read the full press release
Singapore, 2018-Dec-06 — /Travel PR News/ — Singapore Airlines (SIA) has acquired a minority stake in Australia-founded Data Republic, in a move to further enhance its digital capabilities. The stake in Data Republic was acquired through a placement of new shares. A statement of no objection was received recently from the Australian Foreign Investment Review… Read the full press release