Mergers/Acquisitions

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Mergers/Acquisitions

Battle for Digital Dominance

Partnerships and Acquisitions Changing the Restaurant Landscape

A Shifting Landscape as Hotels Seek Seamlessness

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

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.

Xenia has completed the sale of the 409-room Marriott Griffin Gate Resort & Spa in Lexington, Kentucky for $51.5 million.

Opening its doors to guests on December 2019, the 14-story upscale hotel features 600 rooms, 39,000 square feet of meeting space, three food and beverage outlets, a Regency Club, and a Hyatt StayFit Gym.

Remaining equity stake will be purchased from Golden Gate Capital.

With the acquisition of WMPH, ICE reaffirms its strategic commitment to the cruise industry and expands its capabilities to deliver cruise value and services to its business partners and consumers.

Ryman Hospitality Properties has reached an agreement with Stratus Properties Inc. to acquire the mixed-use entertainment, lodging, office and retail complex located in the heart of downtown Austin, Texas, for $275 million.

The Rio will continue to be part of the Caesars Rewards network during the lease term, and the transaction is not expected to result in any changes to the guest experience.

Century Casinos, Inc. receives approval from Missouri Gaming Commission for the acquisition of Isle Casino Cape Girardeau and Lady Luck Caruthersville.

AHIP also confirms the completion of the previously announced profitable sale of the Economy Lodging portfolio for gross proceeds of $215.5 million.

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