Hyatt acquires Playa Hotels to boost all-inclusive portfolio in a move that cements its position as a leader in luxury beachfront hospitality across Mexico, the Dominican Republic, and Jamaica. With the acquisition finalized, Hyatt takes […]
Hyatt Acquires Playa Hotels to Boost All-Inclusive Portfolio Read More »
Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline from Onex Partners, the upper middle market private equity platform of
Delta, Korean Air to acquire 25% stake in Canada’s WestJet in US$550 million deal Read More »
Luxury and upper-upscale hotels are leading the way in Europe’s hotel investment scene for 2025, according to the latest 2025 European Hotel Investor Intentions Survey by CBRE. These high-end segments have emerged as the top
Luxury and Upper-Upscale Hotels Dominate Europe’s 2025 Investment Landscape Read More »
French Riviera icon La Voile d’Or is set to reopen under new ownership, following the acquisition of the Voile d’Or Hotels and Resorts luxury brand by Grand Metropolitan Hotels. The announcement marks a pivotal moment
French Riviera Icon La Voile d’Or to Reopen Under New Ownership Read More »
Korean Air has launched new aircraft livery and corporate branding that will be introduced across the company as it combines with Asiana Airlines to become one of Asia’s biggest carriers. South Korea’s largest airline in
Korean Air Launches New Branding after $1.3 billion Asiana Acquisition Read More »
InterContinental Hotels Group PLC (IHG) has acquired from Ruby SARL the RubyTM brand and related intellectual property for initial purchase consideration of €110.5m (~$116m1). Ruby is a premium urban lifestyle brand for modern travellers in must-visit
Hyatt Hotels Corporation has entered into an agreement to acquire all outstanding shares of Playa Hotels & Resorts N.V. (NASDAQ: PLYA, Playa) for $13.50 per share, or approximately $2.6 billion, including approximately $900 million of
Hyatt Hotels Corporation to Acquire Playa Hotels & Resorts Read More »
Frontier Airlines is making another attempt to merge with Spirit Airlines, offering a $2.1 billion deal in stock and cash. If successful, the merger would unite the two largest ultra-low-cost carriers in the United States,
Frontier Airlines’ Second Attempt at Merging with Spirit Read More »
According to GlobalData, a leading data and analytics company, 715 deals, including mergers and acquisitions (M&A), private equity, and venture financing, were announced in the travel and tourism sector globally during 2024. This represented a
Travel and Tourism Sector Deal Activity Down in 2024 Read More »
ANA Holdings Co., Ltd. (ANAHD) has officially acquired 100% ownership of Peach Aviation, Japan’s first low-cost carrier (LCC), in a move aimed at strengthening its foothold in the Asian aviation market. The acquisition was finalized
Global travel and tourism deal activity has declined by 11% year-on-year during the first three quarters of 2024, with only 519 deals announced compared to 583 in the same period of 2023, according to GlobalData.
Global Travel and Tourism Deal Activity Drops 11% in Q1-Q3 2024 Read More »
Hyatt Hotels Corporation has announced the completed acquisition of the brands and most of the affiliates of pioneering lifestyle hospitality company Standard International, parent company of The Standard and Bunkhouse Hotels brands. This acquisition enhances
Hyatt Completes Acquisition of Standard International, The Standard and Bunkhouse Hotels Read More »
