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AccorHotels Invests in Banyan Tree Holdings

AccorHotels Invests in Banyan Tree Holdings

AccorHotels has entered into a heads of agreement with Banyan Tree Holdings. Under a long-term partnership, both parties intend to collaborate to develop and manage Banyan Tree-branded hotels around the world. Banyan Tree will also have access to AccorHotels’ global ...

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sbe Acquires Morgans Hotel Group

sbe Acquires Morgans Hotel Group

NEW YORK—sbe Founder and Chief Executive Officer Sam Nazarian today announced with partners Ron Burkle and Cain Hoy Enterprises the definitive closing of sbe’s acquisition of Morgans Hotel Group, a move that further expands its international footprint and solidifies its ...

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Wyndham Hotel Group Acquires Fën Hotels

Wyndham Hotel Group Acquires Fën Hotels

BUENOS AIRES, Argentina—Wyndham Hotel Group today announced its acquisition of Latin America’s leading Fën Hotels, adding 26 management contracts across Argentina, Peru, Costa Rica, Uruguay, Paraguay, Bolivia, and the U.S. including two new Fën-built Wyndham Grand hotels opening in Montevideo, ...

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Waramaug LS Hotels Buys Holiday Inn Express Hauppauge

Waramaug LS Hotels Buys Holiday Inn Express Hauppauge

BOCA RATON, Fla.— Waramaug LS Hotels announced today the acquisition of the Holiday Inn Express Hauppauge Long Island, in Hauppauge, N.Y. Opened in 2001, the seven-story, 133-room hotel recently underwent a comprehensive renovation, upgrading the entire property to latest brand ...

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KSL Affiliate to Acquire Outrigger

KSL Affiliate to Acquire Outrigger

WAIKIKI, HONOLULU, HAWAII—Outrigger Hotels and Resorts (Outrigger) and KSL Capital Partners, LLC (KSL) announced today that affiliates of the companies have signed a purchase and sale agreement for an affiliate of KSL to acquire Outrigger. The transaction includes all 37 ...

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M&A Could Slow as Cycle Peaks

Despite the recent Marriott-Starwood merger, an M&A slowdown could be on the horizon. At the Hotel Investment Conference Europe last week, executives noted that 2015 was a banner year because large hotel companies held an asset-light stance, and such a ...

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