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Source Acquires Berman Purchasing, Inc., Expanding the FF&E Procurement Firm

Portland, Oregon-based Source announced its acquisition of 20-year-old Jupiter, Florida-based Berman Purchasing, Inc. The move creates a bicoastal women-led procurement firm with decades of...
Tropical beach

Hotel Equities Forges Strategic Partnership with Trust Hospitality to Propel CALA Expansion

Hotel Equities announced a strategic partnership with Trust Hospitality. The collaboration positions Hotel Equities as the operational engine, facilitating the expansion of its portfolio...
Graduate Hotels

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...
m&a activity

Strategic Moves: How Hospitality M&A Activity and Transactions Are Shaping Up in 2021

In the early days of the COVID-19 pandemic, hospitality deals slowed as industry investors and leaders took stock of the changing landscape and developed...

FPG Sunsets Drake Beil & Associates to Become One Brand

ORLANDO, Fla.—Incremental revenue technology and consulting firm Frontline Performance Group (FPG) today announced the retirement of Drake Beil & Associates (DB&A) LLC. After acquiring...
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