Vail Resorts To Acquire Peak Resorts
BROOMFIELD, Colo. — Vail Resorts has entered into a definitive merger agreement to acquire 100 percent of Peak Resorts' outstanding stock at a purchase...
Eldorado Resorts To Merge With Caesars in $17.3 Billion Deal
RENO, Nev. and LAS VEGAS—Eldorado Resorts and Caesars Entertainment Corporation announced that they have entered into a definitive merger agreement to create the largest...
Patrick Mullinix Forms Advantage Hotels, Acquires Vista and Select Inn Brands
AUSTIN—Long-time industry executive Patrick Mullinix today announced the formation of Advantage Hotels, Inc., which has subsequently acquired Advantis Hospitality Alliance’s brands, Vista and Select...
RateGain Acquires BCV, Creates Guest Experience Cloud Platform
CHICAGO—RateGain has acquired hospitality-focused social media provider BCV. The combined companies will now offer a guest experience cloud platform with proprietary digital products designed...
Ashford To Acquire Remington’s Hotel Management Business for $275 Million
DALLAS—Ashford Inc. today announced that it has signed a definitive agreement to acquire the hotel management business of privately-held Remington Holdings, LP. The transaction,...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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