Partnerships, Mergers & Acquisitions Filter Press Release Joint Venture of NewcrestImage & Hospitality Capital Partners Acquires 16-Hotel Portfolio for $137 Million In a joint venture, Dallas-based NewcrestImage and Phoenix-based Hospitality Capital Partners (HCP) have acquired 16 hotels with a total of 2,155 rooms for $137.3 million from Service Properties Trust, a Massachusetts-based REIT. The transaction was... NewcrestImage, LLC More in this category Real Estate & InvestmentMore in this category Partnerships, Mergers & Acquisitions More like this Supplier News Valsoft expands its hospitality portfolio with the acquisition of TigerTMS V alsoft Corporation Inc. ("Valsoft"), a Montreal-based company specializing in the acquisition and development of software companies in vertical markets, is pleased to announce the acquisition of TigerTMS, a leading developer of applications and mi... TigerTMS More in this category Information TechnologyMore in this category Partnerships, Mergers & Acquisitions More like this Press Release Texas hotel owner adds a second property to Magnuson Hotels Independent Collection Magnuson Hotels announces the Regency Inn Hondo as the latest addition to the Magnuson Hotels Independent Collection portfolio. This complements the group’s strategic growth plans to onboard distinctive hotels offering exceptional value in key citie... Magnuson Hotels More in this category Hotel OpeningsMore in this category Partnerships, Mergers & Acquisitions More like this Press Release Aprirose acquires Travelodge in Whetstone, London Aprirose, the real estate investment company, has acquired the freehold of an asset in Whetstone for an undisclosed price. The property is let to Travelodge with 18 years remaining on the lease. Aprirose More from this brand Travelodge (UK)More in this category Partnerships, Mergers & Acquisitions More like this Press Release Breaking Barriers: Wyndham’s Women Own the Room Signs Over 30 Hotels in First Year Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, today announced the continued momentum of its groundbreaking “Women Own the Room” program, which in its inaugura... Wyndham Hotels & Resorts More in this category FranchiseMore in this category DiversityMore in this category Partnerships, Mergers & Acquisitions More like this Press Release IHG expands luxury and premium hospitality offering in Egypt with triple hotel signing, in partnership with Arabella Group IHG® Hotels & Resorts, one of the world’s leading hotel companies, has signed a management agreement with Arabella Group to develop three new hotels in Egypt between 2023 and 2026. IHG Hotels & Resorts More from this brand InterContinentalMore from this brand Crowne PlazaMore from this brand voco hotelsMore in this category Hotel OpeningsMore in this category Partnerships, Mergers & Acquisitions More like this Press Release Radisson Hotel Group is further expanding in Pakistan with the signing of two new hotels in the capital Radisson Hotel Group announces the signing of two new hotels in Islamabad and the debut of a third brand in the country, with the signing of Park Inn by Radisson Serviced Apartments Islamabad as well as Radisson Hotel Bahria Town Islamabad. The two ... Radisson Hotel Group (RHG) More from this brand Park Inn by RadissonMore from this brand RadissonMore in this category Hotel OpeningsMore in this category Partnerships, Mergers & Acquisitions More like this Press Release HVS Europe Hotel Transactions Bulletin - Week Ending 17 March 2023 Azora acquires Hotel Madrid Chamartín from Meridia, Poseidon acquires the Pullman Cannes Mandelieu Royal Casino on the French Riviera, Blantyre and Fairtree take over Crerar Hotel Group. HVS More in this category Partnerships, Mergers & Acquisitions More like this Press Release Radisson Hotel Group signs two new hotels in Pakistan Radisson Hotel Group, one of the world’s leading hotel groups, announces the signing of two new hotels in Islamabad, Pakistan. This underlines the Group’s commitment to expanding its footprint in the South Asian market. The two new hotels, Radisson ... Radisson Hotel Group (RHG) More from this brand Radisson BluMore from this brand RadissonMore in this category Hotel OpeningsMore in this category Partnerships, Mergers & Acquisitions More like this Press Release Aimbridge Hospitality Acquires Terrapin Hospitality Management Portfolio Aimbridge Hospitality, a leading global hospitality company, has assumed management of 71 hotels previously operated by Houston-based Terrapin Hospitality. With over 8,100 rooms in 21 states, the diverse portfolio is national in scope with represent... Aimbridge Hospitality More in this category Management CompaniesMore in this category Partnerships, Mergers & Acquisitions More like this Hotel Yearbook 2023 The Uncertainty New Normal Download Your content on Hospitality Net? Hospitality Net membership explained
Press Release Joint Venture of NewcrestImage & Hospitality Capital Partners Acquires 16-Hotel Portfolio for $137 Million In a joint venture, Dallas-based NewcrestImage and Phoenix-based Hospitality Capital Partners (HCP) have acquired 16 hotels with a total of 2,155 rooms for $137.3 million from Service Properties Trust, a Massachusetts-based REIT. The transaction was... NewcrestImage, LLC More in this category Real Estate & InvestmentMore in this category Partnerships, Mergers & Acquisitions More like this
Supplier News Valsoft expands its hospitality portfolio with the acquisition of TigerTMS V alsoft Corporation Inc. ("Valsoft"), a Montreal-based company specializing in the acquisition and development of software companies in vertical markets, is pleased to announce the acquisition of TigerTMS, a leading developer of applications and mi... TigerTMS More in this category Information TechnologyMore in this category Partnerships, Mergers & Acquisitions More like this
Press Release Texas hotel owner adds a second property to Magnuson Hotels Independent Collection Magnuson Hotels announces the Regency Inn Hondo as the latest addition to the Magnuson Hotels Independent Collection portfolio. This complements the group’s strategic growth plans to onboard distinctive hotels offering exceptional value in key citie... Magnuson Hotels More in this category Hotel OpeningsMore in this category Partnerships, Mergers & Acquisitions More like this
Press Release Aprirose acquires Travelodge in Whetstone, London Aprirose, the real estate investment company, has acquired the freehold of an asset in Whetstone for an undisclosed price. The property is let to Travelodge with 18 years remaining on the lease. Aprirose More from this brand Travelodge (UK)More in this category Partnerships, Mergers & Acquisitions More like this
Press Release Breaking Barriers: Wyndham’s Women Own the Room Signs Over 30 Hotels in First Year Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, today announced the continued momentum of its groundbreaking “Women Own the Room” program, which in its inaugura... Wyndham Hotels & Resorts More in this category FranchiseMore in this category DiversityMore in this category Partnerships, Mergers & Acquisitions More like this
Press Release IHG expands luxury and premium hospitality offering in Egypt with triple hotel signing, in partnership with Arabella Group IHG® Hotels & Resorts, one of the world’s leading hotel companies, has signed a management agreement with Arabella Group to develop three new hotels in Egypt between 2023 and 2026. IHG Hotels & Resorts More from this brand InterContinentalMore from this brand Crowne PlazaMore from this brand voco hotelsMore in this category Hotel OpeningsMore in this category Partnerships, Mergers & Acquisitions More like this
Press Release Radisson Hotel Group is further expanding in Pakistan with the signing of two new hotels in the capital Radisson Hotel Group announces the signing of two new hotels in Islamabad and the debut of a third brand in the country, with the signing of Park Inn by Radisson Serviced Apartments Islamabad as well as Radisson Hotel Bahria Town Islamabad. The two ... Radisson Hotel Group (RHG) More from this brand Park Inn by RadissonMore from this brand RadissonMore in this category Hotel OpeningsMore in this category Partnerships, Mergers & Acquisitions More like this
Press Release HVS Europe Hotel Transactions Bulletin - Week Ending 17 March 2023 Azora acquires Hotel Madrid Chamartín from Meridia, Poseidon acquires the Pullman Cannes Mandelieu Royal Casino on the French Riviera, Blantyre and Fairtree take over Crerar Hotel Group. HVS More in this category Partnerships, Mergers & Acquisitions More like this
Press Release Radisson Hotel Group signs two new hotels in Pakistan Radisson Hotel Group, one of the world’s leading hotel groups, announces the signing of two new hotels in Islamabad, Pakistan. This underlines the Group’s commitment to expanding its footprint in the South Asian market. The two new hotels, Radisson ... Radisson Hotel Group (RHG) More from this brand Radisson BluMore from this brand RadissonMore in this category Hotel OpeningsMore in this category Partnerships, Mergers & Acquisitions More like this
Press Release Aimbridge Hospitality Acquires Terrapin Hospitality Management Portfolio Aimbridge Hospitality, a leading global hospitality company, has assumed management of 71 hotels previously operated by Houston-based Terrapin Hospitality. With over 8,100 rooms in 21 states, the diverse portfolio is national in scope with represent... Aimbridge Hospitality More in this category Management CompaniesMore in this category Partnerships, Mergers & Acquisitions More like this