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 located within the complex being developed by HCCP, will include minimized water consumption as well as efficient energy and waste management to meet international environmental and social standards. The complex […]
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 Prairie marks the company’s eighth hotel in Dallas and its 39th hotel in Texas. Located at 2850 South State Hwy 161, the acquired property is a four-story, select service hotel […]
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 first hotel in France to join the JdV by Hyatt collection of independent hotels. Designed by architect Nicolas Adnet from Studio MHNA, FirstName Bordeaux offers 147 guestrooms and suites with […]
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 million (INR 132.4 crores). The asset purchase agreement is anticipated to establish a comprehensive artificial intelligence (AI) driven travel-intent and data platform that processes more than 200 billion availability, rates, […]
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 asset-light growth strategy. The transaction is expected to increase the lifestyle hotel offerings of the American multinational hospitality company in Nashville, South Beach, Hollywood, Durham, New York City, and Catskills. […]
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 the country. The other two Hyatt properties in Kerala include Grand Hyatt Kochi and Hyatt Regency Thrissur. Hyatt Regency Trivandrum, which is spread over 2.2 acres, is designed for business […]
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 boutique resort and branded residences in Costa Rica. Nekajui, a Ritz-Carlton Reserve Residence, is located on Peninsula Papagayo, a 1,400-acre private club and resort community situated on the north Pacific […]
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 in the Dominican Republic. W All-Inclusive Punta Cana Uvero Alto will be an adults-only all-inclusive luxury property and will consist of 349 guest rooms with balconies and plunge pools, as […]
Indian Hotels Company (IHCL) has opened the Sawai Man Mahal in Jaipur in the state of Rajasthan, taking its total number of hotels to eight in the capital city, with two under development. Inspired by the rich Rajputana heritage, the mahal consists of spacious 51 rooms, which open into private courtyards laced with greenery. It also […]
HCL Technologies said that it will launch InFusion THoR, a touchless hospitality and reservations solution at Dreamforce 2022 to be held in San Francisco from 20-22 September. According to the Indian IT services provider, its digital hospitality management solution has been designed for the transformation of the user experience by enabling unique QR codes that […]