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European Hotel Construction Pipeline Shows Growth

According to the recent Construction Pipeline Trend Report for Europe from Lodging Econometrics (LE), the total pipeline has 1,008 projects/161,271 rooms, up 14 percent by projects and 13 percent by rooms year-over-year (YOY), just a few projects short of Q208 ...

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KSL Capital Partners, KKR Acquire Apple Leisure Group

Prive-equity companies KSL Capital Partners and KKR will acquire Apple Leisure Group from Bain Capital for an undisclosed amount. Apple Leisure Group is the parent company of Apple Vacations, Travel Impressions, CheapCaribbean.com, AMResorts, Amstar, and Worldstar. The transaction is expected ...

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