MGM Grand Real Estate to be Acquired by Joint Venture of MGM Growth Properties and Blackstone REIT
MGM Grand Real Estate to be Acquired by Joint Venture of MGM Growth Properties and Blackstone REIT

MGM Resorts International · 15 Jan

MGM Resorts International (the "Company" or "MGM Resorts") (NYSE: MGM) today announced that it has entered into a definitive agreement pursuant to wh

Hospitality Technology Magazine · 15 Jan

With the Gastrofix acquisition, Lightspeed now has the capacity to offer solutions for restauranteurs across Europe.

Europe Hotel Transactions Bulletin - Week Ending 10 January 2020
Europe Hotel Transactions Bulletin - Week Ending 10 January 2020

HVS · 13 Jan

Covivio buys eight-hotel ex-Boscolo portfolio from Värde Partners, UBM forward-sells two hotels in Poland to Union, Atom Hoteles acquires its first N

PrivateDeal closes financing round and establishes Advisory Board
PrivateDeal closes financing round and establishes Advisory Board

eHotelier.com · 9 Jan

PrivateDeal's new advisory board consists of 5 seasoned entrepreneurs and Hospitality professionals.

4hoteliers.com · 8 Jan

Exhibitors and buyers from around the world cast their vote of confidence in Hong Kong as they came to the city for a series of trade fairs that went

Service Properties Trust Announces New Agreements with Marriott
Service Properties Trust Announces New Agreements with Marriott

Service Properties Trust · 6 Jan

Service Properties Trust (Nasdaq: SVC) today announced that it has entered agreements with Marriott International, Inc. (NYSE: MAR), or Marriott, whi

HVS Asia Pacific Hospitality Newsletter - Week Ending 3 January 2020
HVS Asia Pacific Hospitality Newsletter - Week Ending 3 January 2020

HVS · 6 Jan

Hana Financial Investment and Hotel Lotte to Acquire The Hotel at The Mark for USD175 Million, Silkari Acquires Management Rights of Oaks Lagoon in P

Gregorys Coffee Tames Online Menu Management
Gregorys Coffee Tames Online Menu Management

Hospitality Technology Magazine · 6 Jan

Here's how one coffee shop chain manages numerous menu items and multiple locations, with data going out to 75+ menu/review sites.

TPG Hotels & Resorts Selects Infor Hospitality to Standardize Processes
TPG Hotels & Resorts Selects Infor Hospitality to Standardize Processes

Hospitality Technology Magazine · 6 Jan

Infor HMS to streamline business operations from the reservations desk to the back office.

Experienced Buyers, Long-Term Fee Contracts, and the Value of Property Transactions in the Hotel Industry
Experienced Buyers, Long-Term Fee Contracts, and the Value of Property Transactions in the Hotel Industry

Cornell Hospitality Quarterly · 4 Jan

Cornell Hospitality Quarterly, Ahead of Print. Hotel property sales have often been bundled with contracts, such as franchise agreements and manageme

Accor to sale & manage back the MPvenpick hotels lease portfolio
Accor to sale & manage back the MPvenpick hotels lease portfolio

4hoteliers.com · 3 Jan

Accor announces it has agreed to restructure MPvenpick hotels' lease portfolio through a sale & management back agreement with HR Group

HVS Asia Pacific Hospitality Newsletter - Week Ending 27 December 2019
HVS Asia Pacific Hospitality Newsletter - Week Ending 27 December 2019

HVS · 30 Dec

PAG and Inmark Acquire Grand Hyatt Seoul for KRW560 Billion in Korea, Japan’s Haneda Airport to Open Haneda Airport Garden Mixed-use Complex in 2020,

Airbnb Responds to EU Court Decision
Airbnb Responds to EU Court Decision

Airbnb, Inc. · 20 Dec

Nathan Blecharczyk, Airbnb co-founder and chief strategy officer, has today written to major cities across Europe following a decision today from the

Viceroy Hotels & Resorts Gives Guests More Voice
Viceroy Hotels & Resorts Gives Guests More Voice

Hospitality Technology Magazine · 20 Dec

Viceroy L'Ermitage Beverly Hills adds Volara-powered Amazon Alexa voice assistants to every guest room as part of Viceroy Hotels & Resorts' rollout o

Xenia Hotels & Resorts Sells Marriott Griffin Gate Resort & Spa
Xenia Hotels & Resorts Sells Marriott Griffin Gate Resort & Spa

Hospitality Technology Magazine · 20 Dec

Xenia has completed the sale of the 409-room Marriott Griffin Gate Resort & Spa in Lexington, Kentucky for $51.5 million.

Magnuson Hotels Closes 2019 with Record Performance
Magnuson Hotels Closes 2019 with Record Performance

Hospitality Technology Magazine · 20 Dec

Magnuson attributes its 2019 growth to the launch in May 2018 of Magnuson Direct, its direct distribution/ hotel management platform which combines s

Davidson Hotels & Resorts Adds King Charles Inn to Portfolio
Davidson Hotels & Resorts Adds King Charles Inn to Portfolio

Hospitality Technology Magazine · 20 Dec

Lifestyle and luxury vertical Pivot Hotels & Resorts is selected by High Street Real Estate Partners and WHI Real Estate Partners to operate boutique

Accor announces completion of asset-light roadmap
Accor announces completion of asset-light roadmap

eHotelier.com · 19 Dec

In line with its communicated strategy and timeline, Accor announced the completion of its asset-light roadmap with the disposal of Orbis and the sal

Accor announces the disposal of its 85.5% stake in Orbis to AccorInvest for €1.06bn
Accor announces the disposal of its 85.5% stake in Orbis to AccorInvest for €1.06bn

Accor · 17 Dec

Accor announces today it entered into a binding agreement to sell its 85.8% stake in Orbis to AccorInvest at a price of PLN115 per share, correspondi

Accor To Sale & Manage Back The Mövenpick Hotels Lease Portfolio
Accor To Sale & Manage Back The Mövenpick Hotels Lease Portfolio

Accor · 17 Dec

Accor announces it has agreed to restructure Mövenpick hotels' lease portfolio through a sale & management back agreement with HR Group, a German pri

Global Newsletter: December 17, 2019
Global Newsletter: December 17, 2019

4hoteliers.com · 17 Dec

Hong Kong instability results in major job losses, W signed for Cairo, the challenge of work-life balance for hoteliers and is Black Friday worth it?

Marriott signs a W Hotel in Cairo, Egypt
Marriott signs a W Hotel in Cairo, Egypt

4hoteliers.com · 17 Dec

Marriott International announced it has entered into an agreement with Landmark Sabbour to bring the W Brand's bold design

Myanma Tourism Bank to start tourism fund to promote Myanmar's tourism sector
Myanma Tourism Bank to start tourism fund to promote Myanmar's tourism sector

4hoteliers.com · 17 Dec

Myanmar-based Myanma Tourism Bank has announced its intent to channel 5% of its earnings into a tourism fund to promote Myanmar's tourism sector

Texas Western Hospitality Streamlines Financial, Strategic Business Planning
Texas Western Hospitality Streamlines Financial, Strategic Business Planning

Hospitality Technology Magazine · 17 Dec

The hotel management company maximizes business planning efficiency by leveraging business intelligence and data integration software from ProfitSwor

HVS Asia Pacific Hospitality Newsletter - Week Ending 13 December 2019
HVS Asia Pacific Hospitality Newsletter - Week Ending 13 December 2019

HVS · 16 Dec

Accor to Sell Half its Stake in Huazhu for USD451 Million, Giarn Family Acquires Hotel Cairns in Queensland, Australia for AUD11 Million, Myanma Tour

Europe Hotel Transactions Bulletin - Week Ending 13 December 2019
Europe Hotel Transactions Bulletin - Week Ending 13 December 2019

HVS · 16 Dec

M&G sells portfolio of six UK Travelodges to Investra, Pestana Delfim Beach & Golf Hotel in Portugal sold to BPI pension fund, PFA buys Zleep hotel d