Tag: Hotel Acquisitions
Artotel inks Dafam Hotel takeover deal
Artotel Group has acquired a majority stake in Dafam Hotel Management (DHM), which owns and operates 24 hotels in Indonesia with a total of...
Outrigger acquires trio of Thailand resorts
Outrigger Hospitality Group has completed its purchase of the Manathai Hotels and Resorts brand, inclusive of three beach resorts in southern Thailand.
The former Manathai...
Malaysia hotels draw growing investor interest amid pandemic
The pandemic has exacted a toll on the hospitality industry, with more hotel owners putting their properties up for sale at below market rates,...
HSH to acquire remaining stake in The Peninsula Bangkok
The Hongkong and Shanghai Hotels (HSH) is set to gain full ownership of The Peninsula Bangkok, through an acquisition of the remaining 50 per...
Destination Capital plots acquisition spree in Thailand and APAC
Bangkok-based real estate advisory firm Destination Capital will join forces with its capital partners to acquire, manage and rebrand hotel assets in Thailand and...
Hadiprana to take over management of The Chedi Club Ubud
The Chedi Club Tanah Gajah Ubud, is set to be taken over by a brand-new hotel management group, Hadiprana Hospitality.
The formal handover from the...
South Korean firm leads consortium to acquire US hotels under China’s...
A consortium led by South Korea’s Mirae Asset Global Investments (MAGI) has agreed to buy 15 hotels in the US from China's troubled Anbang...
Oyo snaps up data science firm specialising in dynamic pricing
India-based Oyo Hotels & Homes has acquired Danamica to leverage the Copenhagen-based data science company's machine learning and business intelligence capabilities, particularly in dynamic...
Why Steven Pan sold Regent
When Steven Pan fought off some 20 suitors eight years ago to become the new owner of Regent Hotels & Resorts, he had high...
