Press Releases

Hilton Grand Vacations to Acquire Bluegreen Vacations

Hilton Grand Vacations Inc. (NYSE:HGV) (“HGV” or “the Company”) today announced that that it has entered into a definitive agreement to acquire Bluegreen Vacations (NYSE: BVH; OTCQX: BVHBB) for $75 per share in an all-cash transaction, representing total consideration of approximately $1.5 billion, inclusive of net debt. The combination will broaden HGV’s offerings, customer reach and sales locations creating a premier vacation ownership and experiences company.

MITSIS Group Launches A New Brand Identity

Mitsis Group, Greece's largest privately-owned hotel chain, is proudly launching its new brand identity, marking a significant milestone in its history. With a steadfast commitment to reinventing the travel experience, offering beyond all-inclusive services and an unwavering dedication to exceeding guest expectations, MITSIS is set to redefine modern luxury and hospitality.

S Hotels & Resorts embarks on major renovation and brand uplift for SAii Resorts in Southern Thailand

S Hotels and Resorts PCL, the global hospitality company from Singha Estate PCL, has announced a major USD 27 million renovation of its resorts in Thailand and Fiji, including an investment of more than THB 500m (approx. USD 14.2m) to reimagine the design, facilities and guest experiences at its three SAii Resorts in Thailand – SAii Phi Phi Island Village, SAii Laguna Phuket, and SAii Koh Samui Choengmon – and FJD 28.5m (approx. USD 12.5m) to upgrade Outrigger Fiji Beach Resort.

Hilton Expands Franchise Model in Greater China to Include its DoubleTree by Hilton Brand

Hilton (NYSE: HLT), the fastest-growing hospitality company in Asia Pacific, announced the expansion of its franchise model in Greater China into the upscale full-service segment, with the inclusion of its award-winning DoubleTree by Hilton brand. The company announced 19 new franchise projects across its Hilton Garden Inn and DoubleTree by Hilton brands, including signings and intentions to sign, spanning key cities and emerging destinations such as Beijing, Shanghai, Haikou, Nanchang, and Zhangzhou.

Accor's positioning in the extended stay market gains momentum on a global scale

Accor, a world-leading hospitality group, today shared an update on its market leading position in the global extended stay, serviced apartments and private rentals segments including exciting new destinations for its Novotel Living brand. The forward-thinking extension of Novotel, one of the best-known midscale hotel brands in the world, is now operating in Singapore, Bangkok, Saigon, and Kazakhstan, with more locations soon to follow. With more than 380 extended stay hotels under 14 global brands, Accor is the world’s largest player in the category (outside the United States), with a high concentration of properties across Europe and Asia.

Preferred Hotels & Resorts Welcomes 15 New Member Properties

Preferred Hotels and Resorts, the world’s largest independent hotel brand, is pleased to announce the addition of 15 new member properties, including six brand-new openings, to its global portfolio between July 1 and September 30 this year. Ranging from a 14-room country estate in France’s renowned Cognac region to a lush, urban oasis set to debut in Singapore’s bustling Orchard Road district, each of these distinct properties will greet travelers with the inimitable welcome, thoughtful service, and memorable guest experiences that have come to represent independent luxury hospitality. Highlights include:

Crowne Plaza Launches MEETINGS WITHOUT BOUNDARIES for Flexible and Diverse Gatherings

Crowne Plaza Hotels & Resorts, a part of IHG Hotels & Resorts(IHG), is launching a groundbreaking MEETINGS WITHOUT BOUNDARIES, a concept for the Greater China market, capitalizing on the rising demand for domestic cultural tourism and “BLEISURE” travel. Leveraging the group’s advantages and expertise in experiences and destinations, MEETINGS WITHOUT BOUNDARIES satisfies the needs of the modern business traveler that seeks a quality lifestyle and cutting-edge innovation.

Introducing Outbound Hotels: Redefining Adventure in America’s Great Outdoor Destinations

Waterton, a Chicago-based national real estate investor and operator, announced the official launch of its new Outbound Hotels brand, a collection of locally-minded hotels offering differentiated lodging options for lifestyle travelers seeking outdoor-inspired experiences in boutique settings. From Yosemite National Park and Jackson Hole, WY to the vistas of Mammoth Lakes, CA and the bucolic Green Mountains of Vermont, every Outbound Hotels-branded property gives visitors a curated connection to the outdoors.

The International Society of Hospitality Consultants marks its 35th Anniversary year!

The International Society of Hospitality Consultants (ISHC) announced today it marked its 35th Anniversary. The Society was established in 1988 by 19 founding members to promote the awareness and advancement of the hospitality consulting profession and to foster a high ethical standard for the industry. Thirty-five years later, ISHC has become the leading source of hospitality expertise, boasting over 200 members spanning more than 26 countries in over 50 functional areas across the hospitality spectrum. ISHC members are leaders in their respective areas of expertise.

RIDE with Red Roof Signs Fully Woman-Owned Franchise in Mississippi

Red Roof®, the leader in economy lodging, announced its first fully woman-owned franchise since launching its new RIDE with Red RoofSM initiative. The property is a Red Roof Inn & Suites conversion located in Richland, Miss., and is the second hotel in owner Kalpana Patel’s portfolio. It brings the number of Red Roof properties owned or partially owned by women to more than 35%.