Highgate Takes Over Lotte’s New York Palace — How it Feeds the Next Deal
Lotte Hotels & Resorts, the hospitality arm of the South Korean conglomerate Lotte Group, has made a significant strategic move by handing over the operational reins of its crown jewel,…
Billionaire Tilman Fertitta Secures Deal to Acquire Caesars Entertainment in Multi-Billion Dollar Transaction
Billionaire entrepreneur Tilman Fertitta, owner of the Golden Nugget casino chain and Landry’s Inc. hospitality empire, has reached an agreement to acquire Caesars Entertainment in a transaction valued at approximately…
AirAsia Orders 150 Airbus A220s in Record $19 Billion Deal
KUALA LUMPUR & MIRABEL, QUEBEC – AirAsia, the prominent Southeast Asian low-cost carrier, has announced a monumental deal for 150 Airbus A220 aircraft, an agreement valued at an estimated $19…
Long Lake Management to Acquire American Express Global Business Travel in $6.3 Billion Cash Deal, Signalling New Era for Business Travel Innovation.
Long Lake Management, a prominent private equity firm bolstered by the strategic backing of influential technology and travel investors General Catalyst and Alpha Wave, has reached a definitive agreement to…
Scandic Hotels Group Moves Closer to Dalata Deal as Leadership Overhaul Begins
The top leadership of Dalata Hotel Group PLC, Ireland’s preeminent homegrown hotel operator, is set to undergo a significant transition with the announcement that both CEO Dermot Crowley and the…
Hilton’s Yotel Franchise Deal Tests New ‘Platform’ Model
Hilton’s landmark agreement with Yotel, set to integrate approximately 5,700 rooms into its vast system without the traditional route of brand acquisition, represents a pivotal moment for the hospitality giant…
Tripadvisor Strikes Deal with Activist Investor Starboard Value, Reshaping Board and Strategic Outlook
Tripadvisor, the venerable online travel giant known for its vast repository of user-generated reviews and travel planning tools, announced Monday evening that it has reached a significant agreement with activist…













