Tag: mergers and acquisitions
Waterford Hotel Group and Maverick Hotels Announce Merger
WATERFORD, Connecticut—Waterford Hotel Group and Maverick Hotels & Restaurants announced that they have merged in a strategic partnership to accelerate growth, enhance operational efficiencies,...
Purchasing Management International (PMI) Acquires Pineapple Procurement
DALLAS, Texas—Purchasing Management International (PMI) announced the acquisition of certain interests of Pineapple Procurement. This strategic acquisition reinforces PMI’s continued growth.
"Building Pineapple Procurement...
The Access Group Acquires SHR
LONDON—The Access Group added SHR to its AI-powered end-to-end platform for hotels. Access will pair SHR’s capabilities with those of Guestline, a property management...
Hilton to Accelerate Expansion in Lifestyle Category With Addition of Graduate Hotels
Hilton announced an agreement with Adventurous Journeys Capital Partners (AJ Capital) to acquire the Graduate Hotels brand, adding a growth opportunity for the global hospitality...
Wyndham Shares Board Decision to Reject Choice Proposal
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced that its Board of Directors unanimously rejected a conditional, unsolicited stock-and-cash proposal by Choice Hotels International, Inc....