Tag: 2021 acquisitions
UniFocus Acquires Knowcross and Merges Operational Technologies
DALLAS—UniFocus, a workforce management systems provider, acquired Knowcross, a global leader in task management and operational optimization software for the hospitality industry. The merging...
Hyatt Enters Agreement to Acquire Apple Leisure Group
CHICAGO—Hyatt Hotels Corporation announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a resort-management service, travel, and hospitality group, from affiliates of each of KKR and KSL Capital...
Peachtree Has Acquired $1 Billion in Distressed and Stressed Assets
ATLANTA—Peachtree Hotel Group (Peachtree), a real estate private equity investment firm, announced that it has acquired more than $1 billion in stressed and distressed...
Flynn Properties and Värde Partners Acquire 20 Select-Service Hotels
SAN FRANCISCO, California, and MINNEAPOLIS, Minnesota—Flynn Properties Inc. (Flynn), owner of commercial real estate, luxury resorts, and select-service hotel properties in the United States...
Chatham Lodging Trust Acquires Two Austin-Based Hotels
WEST PALM BEACH, Florida— Chatham Lodging Trust, a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and select-service hotels,...