Joint Venture of NewcrestImage & Hospitality Capital Partners Acquires 16-Hotel Portfolio for $137 Million
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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...

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Joint Venture of NewcrestImage & Hospitality Capital Partners Acquires 16-Hotel Portfolio for $137 Million24 March 2023NewcrestImage, LLCPartnerships, Mergers & Acquisitions
Joint Venture of NewcrestImage & Hospitality Capital Partners Acquires 16-Hotel Portfolio for $137 Million
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...

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Valsoft expands its hospitality portfolio with the acquisition of TigerTMS23 March 2023TigerTMSPartnerships, Mergers & Acquisitions
Valsoft expands its hospitality portfolio with the acquisition of TigerTMS
Texas hotel owner adds a second property to Magnuson Hotels Independent Collection
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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
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Texas hotel owner adds a second property to Magnuson Hotels Independent Collection23 March 2023Magnuson HotelsPartnerships, Mergers & Acquisitions
Texas hotel owner adds a second property to Magnuson Hotels Independent Collection
Breaking Barriers: Wyndham’s Women Own the Room Signs Over 30 Hotels in First Year
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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
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Breaking Barriers: Wyndham’s Women Own the Room Signs Over 30 Hotels in First Year22 March 2023WyndhamPartnerships, Mergers & Acquisitions
Breaking Barriers: Wyndham’s Women Own the Room Signs Over 30 Hotels in First Year
IHG expands luxury and premium hospitality offering in Egypt with triple hotel signing, in partnership with Arabella Group
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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
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InterContinental
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voco hotels
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IHG expands luxury and premium hospitality offering in Egypt with triple hotel signing, in partnership with Arabella Group22 March 2023IHGPartnerships, Mergers & Acquisitions
IHG expands luxury and premium hospitality offering in Egypt with triple hotel signing, in partnership with Arabella Group
Radisson Hotel Group is further expanding in Pakistan with the signing of two new hotels in the capital
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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 ...

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Radisson Hotel Group is further expanding in Pakistan with the signing of two new hotels in the capital22 March 2023Radisson Hotel GroupPartnerships, Mergers & Acquisitions
Radisson Hotel Group is further expanding in Pakistan with the signing of two new hotels in the capital
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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)
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Radisson Blu
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Radisson
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Radisson Hotel Group signs two new hotels in Pakistan22 March 2023Radisson Hotel GroupPartnerships, Mergers & Acquisitions
Radisson Hotel Group signs two new hotels in Pakistan
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
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Aimbridge Hospitality Acquires Terrapin Hospitality Management Portfolio21 March 2023Aimbridge HospitalityPartnerships, Mergers & Acquisitions
Aimbridge Hospitality Acquires Terrapin Hospitality Management Portfolio