Tag: M&A
Cvent Enters Definitive Agreement to be Acquired by Blackstone
TYSONS, Virginia—Cvent Holding Corp. announced that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed...
Raines Acquires HP Hotels to Accelerate Strategic Growth
FLORENCE, South Carolina—Raines has acquired HP Hotels, resulting in operational expansion throughout the southeast and southwestern United States. The financial terms of the transaction...
Pyramid Global Hospitality Acquires Provenance Hotels’ Operating Division
BOSTON, Massachusettes, and PORTLAND, Oregon—Pyramid Global Hospitality has closed the acquisition of the operating division of Provenance Hotels, an independent owner of boutique hotels. The...
Hyatt Announces Plans to Acquire Dream Hotel Group
CHICAGO—Hyatt and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s lifestyle hotel brand and management platform including...
Prowess in Purchasing: Top Agents Share Their Approaches to Today’s Market Challenges
Especially in these volatile post-pandemic times, purchasing hotel products—from FF&E to F&B—calls for resourcefulness and foresight. Challenged by both price increases and supply chain...