BioNTech Acquires AI Firm InstaDeep
German pharma giant BioNTech announced that it will acquire London-based artificial intelligence (AI) firm InstaDeep.
acquisition
Travel & Tourism Deal Activity Slightly Down in 2022
GlobalData, a leading data and analytics company, announced that a total of 1,006 deals* were announced in the global travel and tourism sector during 2022.
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Hyatt Plans to Acquire Dream Hotel Group
Hyatt Hotel Corporation and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s lifestyle hotel brand and management platform including the Dream Hotels, The Chatwal Hotels and Unscripted Hotels
Kenes Buys International Congress and Professional Fair EXPOELEARNING
Kenes Group, leading global Professional Conference Organiser (PCO), headquartered in Geneva and with representation in Spain, acquired last August the International Congress and Professional Fair EXPOELEARNING.
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Meetingselect Acquires Cyberdigma
Meetingselect, the world’s leading marketplace for meetings & events, group bookings and workspaces, has acquired hospitality tech company Cyberdigma.
Kula and Gold Tree Group Acquire Two New Sites in the Lisbon and Dublin
UK-based hotel group Kula, and international real estate investment firm Gold Tree Group announce the acquisition of two new hotel sites in Lisbon and Dublin.
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Dusit Sells 25pct Stake in its Dusit Foods
Dusit Thani Public Company Limited (DUSIT), one of Thailand’s leading hotel and property development companies, announced that OR will acquire a 25% stake in Dusit’s food business subsidiary, Dusit Foods.
Ascott Residence Trust Expands with New Acquisitions
Ascott Residence Trust (ART) is proposing to acquire nine quality serviced residences, rental housing and student accommodation properties across five countries from its sponsor, The Ascott Limited.
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Ascott Acquires Oakwood
CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) announced it is acquiring Oakwood Worldwide (Oakwood), a premier global serviced apartment provider, from Mapletree Investments Pte Ltd.
Choice Hotels Acquires Radisson Hotel Group Americas
Choice Hotels has entered into a definitive agreement to acquire the franchise business, operations and intellectual property of Radisson Hotel Group Americas for approximately $675 million.
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JetBlue Submits Improved Superior Proposal to Acquire Spirit
JetBlue has submitted an improved proposal to the Board of Directors of Spirit to acquire all of the outstanding common stock of Spirit.
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Turo Acquires OuiCar
Turo, the world’s largest peer-to-peer car sharing marketplace, has acquired OuiCar, an established leader in the car sharing industry in France.