Mergers/Acquisitions

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Mergers/Acquisitions

Airbnb to Acquire HotelTonight

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

Best Western Hotels & Resorts Acquires WorldHotels

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

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

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.

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.

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.

With the acquisition of Sonic, Inspire now encompasses more than 8,300 restaurants with annual sales of $12B.

Kenall is a manufacturer of energy efficient and sustainable specification grade lighting and control solutions for commercial, industrial and institutional buildings.

Acquisition price revised to $405 million from $480 million; additional potential consideration revised to $96 million from $120 million.

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