Mergers/Acquisitions

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Mergers/Acquisitions

Wyndham Destinations Acquires Travel + Leisure Brand from Meredith Corporation

Wyndham Destinations to Be Renamed Travel + Leisure Co.

RLH to be Acquired by Sonesta International Hotels

Transaction valued at approximately $90 million.

Interstate Hotels & Resorts selected to manage Jupiter Hotels' UK portfolio

Plus: Sonesta launches new brand, Sonesta Simply Suites.

This deal marks the 30th acquisition for ASG and the 2nd in the ASG Hospitality Technology vertical.

Sharp NEC Display Solutions Ltd. will continue its focus on the BtoB display business, producing and developing a broad range of visual display solutions for a variety of markets and applications.

Selina believes that with the workforce moving toward a permanent remote mentality, more individuals will be interested in long-term stays where they can work during the day and explore the world at night for what it would normally cost to rent.

The Company terminated the merger agreement due to failure of NHT's operating partnership to consummate the acquisition of the Company and for material breaches of the merger agreement.

Merger will create one of the largest SaaS technology entities for the hospitality industry in the APAC market.

Lybra.Tech’s Intelligent Revenue Assistant (RMS) will integrate The Zucchetti Group’s global booking data, giving hoteliers access to an unparalleled amount of market and demand data.

The combined company will now own and operate 40 hotels totaling over 5,000 rooms as well as successful restaurants.

In addition to being an investor since 2017, Koch has been a key customer, implementing Infor solutions across its businesses in areas like enterprise resource planning, human resources, supply chain, asset management and finance.

Partnerships and purchases in the hotel segment focus on increasing capabilities across guest journey and streamlining connections.

Partnerships and Acquisitions Changing the Restaurant Landscape

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