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First Hospitality to Acquire Hostmark Hospitality Group

CHICAGO—First Hospitality announced an agreement to acquire the majority of the hotel management agreements of Hostmark Hospitality Group, headquartered in Schaumburg, Illinois. This move...

KSL Capital Partners Acquires Hersha Hospitality Trust

PHILADELPHIA, Pennsylvania—Hersha Hospitality Trust and KSL Capital Partners, LLC announced a definitive merger agreement entered into on August 27, 2023, under which affiliates of...
acquisitions

Wyndham Signs Deal to Bring 16 LuxUrban Hotels Into the Trademark Collection Brand

PARSIPPANY, New Jersey, and MIAMI, Florida—Wyndham Hotels & Resorts and LuxUrban Hotels, Inc. announced a newly signed deal to bring 16 LuxUrban hotels, representing...

Upgrade Acquires Uplift to Give Customers More Resources

SAN FRANCISCO—Upgrade, Inc. announced the acquisition of Uplift, Inc. Uplift has seen growth over the last few years, serving 3.3 million customers in partnership...
Choice Hotels President and CEO Pat Pacious

Choice Hotels Reportedly Explores Acquisition of Wyndham

In what could potentially represent its second major brand company acquisition in as many years, Choice Hotels reportedly has inquired about the possibility of...
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