AccorHotels completes its acquisition of a 50 percent stake in sbe Entertainment Group

AccorHotels completes its acquisition of a 50 percent stake in sbe Entertainment Group

sbe will accelerate its international growth with expansion into new markets outside of the US, including priority growth markets in the Middle East and Latin America.

Read more
Hyatt acquires Two Roads Hospitality for USD 480 million

Hyatt acquires Two Roads Hospitality for USD 480 million

Two Roads Hospitality is an international lifestyle company encompassing a collection of 85 properties in eight countries.

Read more
AccorHotels and Mövenpick Hotels & Resorts finalize merger

AccorHotels and Mövenpick Hotels & Resorts finalize merger

With the close of this acquisition, AccorHotels has become the largest operator by room number in the Middle East and Africa.

Read more
CityCenter sells Mandarin Oriental Las Vegas for USD 214 million

CityCenter sells Mandarin Oriental Las Vegas for USD 214 million

CityCenter is jointly owned by a wholly owned subsidiary of MGM Resorts International and Infinity World Development Corp (a wholly owned subsidiary of Dubai World).

Read more
Coca-Cola buys Costa Coffee for USD 5 billion

Coca-Cola buys Costa Coffee for USD 5 billion

The acquisition will expand the existing Coca-Cola coffee lineup by adding another leading brand and platform.

Read more
Amadeus acquires TravelClick for USD 1.5 billion

Amadeus acquires TravelClick for USD 1.5 billion

Deal will significantly expand Amadeus’ presence in the hospitality sector.

Read more
Bahraini hotel group to buy Dubai’s Gulf Court Hotel Business Bay

Bahraini hotel group to buy Dubai’s Gulf Court Hotel Business Bay

The Gulf Court Hotel Business Bay in Dubai has 269 rooms and suites offering views of the Dubai Canal or the city.

Read more