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
NORWALK, Conn., 2018-Dec-05 — /Travel PR News/ — Booking Holdings (NASDAQ: BKNG) today (Dec. 3, 2018) announced that it has successfully completed its previously announced plan to acquire hotel metasearch site HotelsCombined. With a strong presence in APAC and thousands of active affiliates worldwide, HotelsCombined will report into Booking Holdings’ leading travel metasearch brand, KAYAK. “We’ve admired HotelsCombined and… Read the full press release
Addition of Alila, Destination, Joie de Vivre, Thompson and tommie brands expands Hyatt’s lifestyle and wellbeing offerings for high-end travelers worldwide Acquisition price revised to $405 million from $480 million; additional potential consideration revised to $96 million from $120 million CHICAGO, IL, 2018-Dec-03 — /Travel PR News/ — Hyatt Hotels Corporation (NYSE: H) today (November 30, 2018)… Read the full press release
Orlando, FL, USA, 2018-Nov-21 — /Travel PR News/ — Orange Lake Resorts, home to the Holiday Inn Club Vacations® brand, is happy to announce the acquisition of the historic 1862 David Walley’s Hot Springs Resort and Spa in Genoa, Nevada from 1862, LLC and other affiliates of Summer Winds Resorts. The resort features 108 villas,… Read the full press release
The historic hotel marks the company’s 3rd acquisition in the United Kingdom Doha, Qatar, 2018-Nov-13 — /Travel PR News/ — Katara Hospitality, Qatar Investment Authority’s hotel unit, a leading global hotel owner, developer and operator, announced the expansion of its global portfolio with the acquisition of JW Marriott Grosvenor House, a historic hotel on the famed… Read the full press release
Acquisition will enhance SITA’s passenger flow and queue management capabilities Geneva, Switzerland, 2018-Nov-09 — /Travel PR News/ — SITA, the world’s leading specialist in air transport communications and IT solutions, today (06 November 2018) announced the acquisition of private company MEXIA Interactive (“MEXIA”), a leading global provider of curb-to-gate passenger analytics for the air transport industry. The… Read the full press release
Paris, France, 2018-Oct-29 — /Travel PR News/ — AccorHotels announced today (October 25, 2018) the successful closing of the acquisition of the “Tour Sequana” building, its head office since 2016 located near Paris in Issy-Les-Moulineaux, for an amount of EUR 363 million. This amount had been determined in 2015, at the signing of the lease… Read the full press release
The world’s most famous hotel located in the heart of New York City Doha, Qatar, 2018-Oct-22 — /Travel PR News/ — Katara Hospitality, a leading global hotel owner, developer and operator based in Qatar, announced the expansion of its global portfolio with the acquisition of The Plaza, one of New York City’s most iconic hotels. The… Read the full press release
Paris, France, 2018-Oct-12 — /Travel PR News/ — Through this partnership, AccorHotels’ will pursue its strategy to expand its offering in the luxury lifestyle hospitality segment and its footprint in gateway cities across North America. This long-term investment will allow sbe to leverage AccorHotels’ leading global hospitality platform while remaining an independent luxury lifestyle operator…. Read the full press release
Addition of Alila, Destination, Joie de Vivre, Thompson and tommie brands to the Hyatt portfolio will strengthen Hyatt’s lifestyle and wellbeing offerings for high-end travelers worldwide CHICAGO, ILLINOIS, 2018-Oct-09 — /Travel PR News/ — Hyatt Hotels Corporation (NYSE: H) today (October 8, 2018) announced an agreement to acquire Two Roads Hospitality, an international lifestyle hotel management company with… Read the full press release
USD $1.52bn cash transaction expands Amadeus’ presence in the hospitality sector with mid-sized chains and independent hotels Around 1,100 employees to join Amadeus Francisco Peréz-Lozao to lead enlarged Hospitality customer unit at Amadeus Transaction receives all necessary regulatory approvals MADRID, SPAIN, 2018-Oct-09 — /Travel PR News/ — Amadeus today (10/4/2018) announces that it has completed the… Read the full press release
PORTUGAL, SPAIN, 2018-Oct-08 — /Travel PR News/ — Avis Budget Group, Inc. (NASDAQ: CAR), a leading mobility solutions provider, today (October 3, 2018) announced it has acquired Turiscar Group a well established, family-owned, car rental company in Portugal. The acquisition will see Avis Budget Group bring on board this leading organisation in Portugal with two distinct… Read the full press release
Basel, Switzerland, 2018-Oct-02 — /Travel PR News/ — Jet Aviation announced today (October 1, 2018) that it has completed its acquisition of KLM Jet Center, a leading provider of comprehensive FBO/Handling services at Amsterdam and Rotterdam International Airports. With a new flagship operation and presence at two of Europe’s top airports, the KLM Jet Center acquisition represents… Read the full press release
Dubai, UAE, 2018-Aug-14 — /Travel PR News/ — dnata, one of the world’s largest air services provider, announced today (9 August 2018) it has acquired Tropo, a Germany-based tour operator, from ProSiebenSat.1 Group. The acquisition marks dnata’s entry into the German market and extends its global network of travel businesses in Europe, the Middle East, Asia… Read the full press release
InterContinental Hotels Group (IHG) is pleased to confirm that its acquisition of a 51% stake in Regent Hotels & Resorts (‘Regent’) has now completed. Denham, United Kingdom, 2018-Jul-03 — /Travel PR News/ — The 51% interest has been acquired for $39 million in cash, payable in three tranches of $13 million. $13 million was paid… Read the full press release
Fort Lauderdale, Fla., 2018-Apr-24 — /Travel PR News/ — Silver Airways and Seaborne Airlines today announced that Silver’s acquisition of Seaborne’s business and assets has successfully closed, creating a leading independent airline to serve the Caribbean, Bahamas, Florida, and beyond. The acquisition brings together two strong independent airlines with similar Saab 340B fleets, complementary route networks, and common codeshare/interline… Read the full press release
MoU between the award-winning airline and Russia’s third-largest airport, Vnukovo International Airport, signed on Wednesday in Doha Qatar Airways operates triple-daily flights to Moscow and daily flights to St. Petersburg DOHA, Qatar, 2018-Apr-06 — /Travel PR News/ — Qatar Airways is pleased to announce that… Read the full press release
Acquisition Adds Expertise and Depth to Guest Management Solutions, One of TravelClick’s Fastest Growing Products NEW YORK, 2018-Apr-02 — /Travel PR News/ — TravelClick (“the Company”), a leading global provider of data and revenue-generating solutions for hoteliers, announced today that it has purchased Dallas-based Digital Alchemy, a Customer Relationship Management (CRM) and email marketing solutions provider for hotels… Read the full press release
ARLINGTON, Va., 2018-Jan-29 — /Travel PR News/ — Interstate Hotels & Resorts (“Interstate” or the “Company”) – the leading U.S.-based global hotel management company – announces it has closed on the acquisition of the management agreements of 82 premium-branded, select- and full-service hotels, plus one restaurant, from White Lodging effective January 24, 2018. “A transaction of this… Read the full press release
32 fuel-efficient, environmentally-friendly Airbus A321neo aircraft to arrive from 2020 as the regional airline continues to grow Hong Kong, 2017-Aug-23 — /Travel PR News/ — Cathay Dragon has signed a memorandum of understanding (MOU), preparatory to executing formal legal documentation, for the acquisition of 32 Airbus A321neo aircraft. The MOU, signed today (21 Aug 2017) between… Read the full press release