(IN SHORT) Hyatt Hotels Corp. has agreed to sell the $2 billion real estate portfolio it acquired from Playa Hotels & Resorts to Tortuga Resorts, retaining up to $143 million in earnouts and $200 million in preferred equity. The deal covers 15 all-inclusive resorts in Mexico, the Dominican Republic, and Jamaica. Hyatt will then enter… Read the full news article
(IN SHORT) IHG Hotels & Resorts has partnered with Minami Nijo Operations and Goldman Sachs to open the Holiday Inn & Suites Sapporo Odori Park in late 2025. The 195-room hotel will be located in the heart of Sapporo, Hokkaido, and will feature renovated rooms, a new gym, a lobby café, and meeting spaces. The… Read the full news article
Fully-Integrated Alliance Between ULCCs Expected To Bring More Nonstop Flights, Lower Fares for Leisure Travel Between the U.S. and Mexico LAS VEGAS, USA, 2021-Dec-02 — /Travel PR News/ — Allegiant (NASDAQ: ALGT) and Viva Aerobus today (Dec. 1, 2021) announced plans for a fully-integrated Commercial Alliance Agreement, designed to dramatically expand options for nonstop leisure… Read the full news article