Category: Hotel Industry News

PAG to acquire KKR’s controlling stake in Australian Venue Co

businessnewstoday- August 25, 2023

Global investment firm KKR and PAG, a leading Asia Pacific alternative investment firm, announced today that they have entered into definitive agreements for PAG to ... Read More

Former 21c Museum Hotel Oklahoma City becomes Fordson Hotel: A new chapter with Hyatt Hotels

businessnewstoday- August 1, 2023

Hyatt Hotels Corporation (NYSE:H) has made public its collaboration with Hall Capital and Avion Hospitality as the Fordson Hotel, formerly known as 21c Museum Hotel ... Read More

Global Hospitality Investment acquires Doubletree Resort Scottsdale Paradise Valley

businessnewstoday- July 29, 2023

Global Hospitality Investment Group (GHIG), a prominent player in hospitality-centric real estate private equity, announced today its acquisition of the Doubletree Resort Scottsdale Paradise Valley. ... Read More

Zarnik introduces revamped B2B e-commerce platform for Indian hoteliers

businessnewstoday- July 22, 2023

Zarnik, a startup founded by Kerala-based entrepreneurs, has introduced a refreshed B2B e-commerce platform. It is specifically designed to meet the requirements of small and ... Read More

Oklahoma unveils plans for $2bn American Heartland Theme Park and Resort

businessnewstoday- July 19, 2023

Oklahoma officials and leadership from American Heartland today announced the forthcoming American Heartland Theme Park and Resort, a more than $2 billion entertainment destination in ... Read More

Marriott Bonvoy expands Japanese portfolio with Ritz-Carlton, Fukuoka

businessnewstoday- July 1, 2023

Marriott Bonvoy's The Ritz-Carlton announces the inauguration of The Ritz-Carlton, Fukuoka, located on Kyushu Island in Southern Japan. The luxury hotel stands tall in the ... Read More

Hotel JAL City Bangkok opens July 3, offering special rates for early bookings

businessnewstoday- June 16, 2023

The Hotel JAL City Bangkok, which postponed its opening due to the COVID-19 pandemic, is now slated to commence operations on July 3rd, 2023. The ... Read More

Royal Orchid & Regenta Hotels opens Regenta Arie Lagoon in Negombo, Sri Lanka

businessnewstoday- June 13, 2023

Indian hotel chain Royal Orchid & Regenta Hotels has announced the launch of its first international venture, Regenta Arie Lagoon, in the picturesque Thalahena, Negombo, ... Read More

Royal Orchid Hotels opens Regenta Central City Vilas Palace hotel on Chandigarh-Ambala highway

businessnewstoday- May 29, 2023

Regenta Central City Vilas Palace, owned by Indian hotel chain Royal Orchid Hotels Limited (ROHL), has opened its doors as a new hotel located on ... Read More

Hyatt Hotels to acquire hotel booking service Mr & Mrs Smith for £53m

businessnewstoday- April 28, 2023

Hyatt Hotels has agreed to acquire Mr & Mrs Smith, a London-based boutique and luxury hotel booking service, for £53 million in an all-cash deal. ... Read More