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Following TPG’s acquisition of Marshall Hotels and Resorts, Mike Marshall (left) will serve as president and CEO of the combined companies. Robert Leven (right) is chief investment officer, The Procaccianti Companies.

TPG Acquires Marshall Hotels and Resorts, Accelerating Third-Party Management Platform

Providence, R.I. — TPG Hotels, Resorts and Marinas announced an "acquisition of equal talents and minds" with the addition of Marshall Hotels and Resorts,...
technology

Cendyn and Pegasus Complete Merger

BOCA RATON, Fla. — Cendyn and Pegasus announced that the companies have closed their previously announced merger agreement. This merger provides hoteliers with a...
Modus Hotels

PM Hotel Group Merges With Modus Hotels

CHEVY CHASE, Maryland—PM Hotel Group announced its merger with Modus Hotels. The company’s lifestyle portfolio will combine Modus’ operational efficiency and lifestyle properties with...
M&A

CorePoint Lodging To Be Acquired by Joint Venture Between Affiliates of Highgate and Cerberus...

Irving, Texas — CorePoint Lodging Inc., a pure-play select-service hotel owner strategically focused on the midscale and upper-midscale segments, announced that it has entered...
merger

PM Hotel Group Announces Upcoming Merger with Paramount

Chevy Chase, Md. — PM Hotel Group today announced its merger with Paramount Management Associates. The combined company will manage a portfolio of 70...
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