Category: Hotel Industry News

Hyatt Hotels opens Hyatt Centric Congress Avenue Austin in Texas

Raghuram Kadari- February 7, 2023

Hyatt Hotels Corporation in partnership with real estate investment firm McWhinney has opened Hyatt Centric Congress Avenue Austin in Texas. The 31-story lifestyle hotel, which ... Read More

Hyatt Hotels strengthens global lifestyle footprint via Dream Hotel acquisition

Raghuram Kadari- February 7, 2023

Hyatt Hotels Corporation has completed the previously announced acquisition of the Dream Hotel Group, a lifestyle hotel brand and management platform. The consideration for the ... Read More

Kasada to build dual-branded hotel in Abidjan, Côte d’Ivoire

Raghuram Kadari- January 25, 2023

Kasada, a real estate private equity platform, will develop a new dual-branded hotel in the Angré district, Abidjan, Côte d'Ivoire. The hotel, which will be ... Read More

MCR buys Courtyard Dallas Grand Prairie hotel in Grand Prairie, Texas

Raghuram Kadari- January 13, 2023

US hotel management company MCR has acquired the Courtyard Dallas Grand Prairie hotel in Grand Prairie, Texas for an undisclosed amount. The Courtyard Dallas Grand ... Read More

Hyatt Hotels opens lifestyle hotel FirstName Bordeaux in France

Raghuram Kadari- January 13, 2023

American multinational hospitality company Hyatt Hotels has opened FirstName Bordeaux, a lifestyle hotel, in France, further expanding the brand across Europe. FirstName Bordeaux is the ... Read More

RateGain Travel to buy American travel data exchange platform Adara

Raghuram Kadari- January 4, 2023

RateGain Travel Technologies, an Indian travel and hospitality technology firm, will acquire Adara, a US-based data exchange platform, in an all-cash transaction valued at $16.1 ... Read More

Hyatt to acquire lifestyle hotel brand and management platform Dream Hotel Group

Raghuram Kadari- December 6, 2022

Hyatt Hotels will acquire Dream Hotel Group for $125 million upfront plus an additional $175 million over the next six years, as part of its ... Read More

Hyatt Regency Trivandrum : Hyatt opens third hotel property in Kerala

Raghuram Kadari- November 29, 2022

American hospitality company Hyatt Hotels has opened Hyatt Regency Trivandrum, marking its third Hyatt property in the Indian state of Kerala and the sixteenth in ... Read More

Nekajui, a Ritz-Carlton Reserve Residence, in Costa Rica gets $130m booster

Raghuram Kadari- October 31, 2022

Investment firms Gencom and Mohari Hospitality have raised $130 million in financing for the ongoing construction of Nekajui, a Ritz-Carlton Reserve Residence, a new ultra-luxury ... Read More

Marriott partners with Grupo Puntacana and MAC Hotels to construct all-inclusive hotel in Dominican Republic

Raghuram Kadari- October 26, 2022

Marriott International has signed a management agreement with Grupo Puntacana and MAC Hotels for the construction of the W All-Inclusive Punta Cana in Uvero Alto ... Read More