Tag: mergers
Kemmons Wilson Hospitality Partners and Ascendant Joint Venture Completes Acquisition of Sotherly Hotels
MEMPHIS, Tennessee, and LOS ANGELES, California, and WILLIAMSBURG, Virginia—Kemmons Wilson Hospitality Partners (KWHP), together with Ascendant Capital Partners (Ascendant), through their joint venture, KW...
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,...
Sotherly Hotels Enters Merger Agreement
WILLIAMSBURG, Virginia—Sotherly Hotels Inc. announced that it has entered into a definitive merger agreement with a joint venture led and sponsored by affiliates of...
Hyatt Hotels Corporation Completes Acquisition of Playa Hotels & Resorts N.V.
CHICAGO, Illinois—Hyatt Hotels Corporation announced the completed acquisition of Playa Hotels & Resorts N.V., an owner, operator, and developer of all-inclusive resorts in Mexico,...
RREAF Holdings and McNeill Form MxR Hospitality
DALLAS, Texas/GERMANTOWN, Tennessee—RREAF Holdings announced the formation of MxR Hospitality, a strategic partnership with hospitality investor Philip McNeill, Sr. The collaboration aims to develop...