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In November 2022, Hyatt acquired Dream Hotels Group, a lifestyle hotel operator for $125 million, with up to an additional $175 million over the next six years as properties come into the pipeline and open. Dream Hotels Group's portfolio include 12 managed or franchised lifestyle hotels under four brands. [27]
Hyatt Regency is a brand of hotels under the Hyatt banner. The brand contains 211 locations in 189 cities over 40 countries, [ 1 ] [ 2 ] and is one of the company's 14 hotel brands overall. [ 2 ] It tends to cater to business travelers.
Marriot International, the largest hotel chain in the world by far. This is the list of chain-branded hotels around the world. This is a listing of some of the major hotel brands worldwide. [1] [2] The hotel groups may directly own the hotels, or operate them through a franchise or management agreement. [3]
Hospitality company Hyatt Hotels Corp (NYSE: H) has agreed to acquire Apple Leisure Group (ALG), a luxury resort-management services, travel, and hospitality group, from affiliates of each of KKR ...
CHICAGO – Hyatt is buying resort company Apple Leisure Group for $2.7 billion in a bet that luxury leisure travel will continue to recover from the COVID-19 pandemic. “We are very bullish on ...
[8] [6] Following Commune's merger with Destination Hotels in 2016, the Alila and the other Commune-owned brands were incorporated under the then recently established holding company Two Roads Hospitality. Alila subsequently joined Hyatt in November 2018 as a result of the purchase of Two Roads Hospitality by the Hyatt Hotels Corporation. [11]
Ista Hotels to Be Rebranded as Hyatt Hotels Strategic tie up for hotels in Bangalore, Hyderabad, Pune, Amritsar, and Ahmedabad CHICAGO--(BUSINESS WIRE)-- Hyatt Hotels Corporation (NYS: H ...
Four Seasons Hotel Shanghai, China: Opened in 2002 as the first Four Seasons hotel in China. In 2020, the company announced that the hotel would be closed for renovations, which commenced in June 2022. [179] The hotel was delisted from the Four Seasons website afterwards, and Hyatt announced that it will reopen the hotel as an Alila in 2024. [180]