Mergers/Acquisitions

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Mergers/Acquisitions

Park Hotels & Resorts Announces $2.7B Acquisition of Chesapeake Lodging Trust

The combined company will have an estimated enterprise value of $12 billion.

Airbnb to Acquire HotelTonight

HotelTonight is a last-minute hotel booking service for boutique and independent hotels.

Acquisition to grow Cvent's signature mobile event app and onsite solution capabilities.

Angie Hospitality will assume management and support of all existing Roxy installations and customers worldwide.

Acquisition will enhance Middleby's Connect IoT platform for restaurants.

With luxury hotel chain acquisition, Best Western now offers a portfolio of hotel brands in every chain scale segment.

Six Senses is known for its focus on wellness and sustainability.

Merger will make it easier for hoteliers to directly own end-customer relationships and maximize bottom-line ROI.

TriArtisan Capital Partners LLC and Paulson & Co. Inc. purchased the Chinese restaurant chain from private equity firm Centerbridge Partners LP.

Acquisition adds Loyalty Advantage's expertise in aviation, travel, retail and hospitality to Ascenda.

Restaurant operators face three major challenges with consolidation occurring in the tech space

Aimbridge Hospitality has a management portfolio that includes approximately 800 upscale, independent and branded hotels with more than 100,000 rooms.

With this acquisition, Flynn Restaurant Group will own and operate a combined total of 1,245 quick-service, fast casual and casual dining restaurants, generating $2.3 billion in sales.

Asia's largest food service company acquired a 40% stake in Smashburger in 2015 and acquired an additional 45% of the company in February 2018.

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