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Articles tagged “mergers and acquisitions”

Hotels

InterContinental Hotels Is Closing In on a Luxury Acquisition

Asset light, something with history and heritage, fewer than 200 hotels ... IHG CEO Keith Barr has quite a specific wish list. It doesn't sound like we'll have to wait too long until we find out the identity of the luxury hotel brand in question.

Patrick Whyte, Skift | 6 years ago

InterContinental Hotels Is Closing In on a Luxury Acquisition

Hotels

NH Hotels Fears a Rival May Buy Chinese Investor HNA’s Stake

NH Hotels has been on a corporate rollercoaster ride over the past couple of years with HNA Group’s minority shareholding being the principle catalyst. Things have quieted down recently but harmony likely depends on the identity of the new investor.

Patrick Whyte, Skift | 6 years ago

NH Hotels Fears a Rival May Buy Chinese Investor HNA’s Stake

Hotels

The Big Deals Hotel CEOs Are Chasing in 2018

For the hotel industry, shopping for new brands and other companies to buy up is always in season.

Deanna Ting, Skift | 6 years ago

The Big Deals Hotel CEOs Are Chasing in 2018

Hotels

Choice Hotels Sees WoodSpring Suites Deal as a Breakthrough in Extended Stay

Choice CEO Pat Pacious has demonstrated he's not one for a sleepy start as he settles into his new role as CEO. He's hit the ground running with the rollout of a new booking system and an acquisition that will help the company play ball in a competitive midscale and extended stay landscape.

Dan Peltier, Skift | 6 years ago

Choice Hotels Sees WoodSpring Suites Deal as a Breakthrough in Extended Stay

Hotels

InterContinental Hotels Wants to Buy Luxury Brands

Under previous CEO Richard Solomons, IHG had looked to fill "white space" in its portfolio and it looks like this plan is continuing under his successor. Despite having a well-established luxury brand, the area is something of a weak spot for the company, with no true high-end offering. It sounds like IHG is well on the way to rectifying this.

Patrick Whyte, Skift | 6 years ago

InterContinental Hotels Wants to Buy Luxury Brands

Hotels

Hilton CEO Believes Direct Booking Campaign Is Key to Improved Guest Experience

The direct booking wars are the true infinity war, at least in hospitality. In other words, don't expect a truce anytime soon.

Deanna Ting, Skift | 6 years ago

Hilton CEO Believes Direct Booking Campaign Is Key to Improved Guest Experience

Business Travel

American Express GBT Deal Means More Mergers Will Be Coming

American Express Global Business Travel is making a shrewd, and expensive, move to become the world's biggest travel management company by a wide margin. More consolidation is almost certain to hit corporate travel as a result.

Andrew Sheivachman, Skift | 6 years ago

American Express GBT Deal Means More Mergers Will Be Coming

Business Travel

American Express Global Business Travel Agrees to Buy Hogg Robinson Group

Hogg Robinson Group has gone through a significant amount of restructuring in recent years. The board obviously thinks now is the right time to cash in.

Patrick Whyte, Skift | 6 years ago

Hotels

Wyndham Worldwide Is Buying La Quinta for $1.95 Billion

Wyndham CEO Geoff Ballotti wasn't kidding when he told us he had big plans for 2018 at last year's Skift Global Forum.

Deanna Ting, Skift | 6 years ago

Wyndham Worldwide Is Buying La Quinta for $1.95 Billion

Hotels

A Look Back at What the Hospitality Industry Taught Itself in 2017

In 2017, the hotel industry took stock of the prior year's major mergers, focused on putting them all together, and worked on figuring out a path into the future.

Deanna Ting, Skift | 6 years ago

A Look Back at What the Hospitality Industry Taught Itself in 2017