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Apple Leisure Group | May 22, 2020
Apple Leisure Group Vacations (ALGV) announced today that it’s coming together with other hospitality operators to participate in a new ‘Buy One, Give One’ program, which serves the dual purpose of generating immediate revenue for hotels suffering from the effects of the ongoing COVID-19 crisis and providing a “thank you” gesture to the dedicated healthcare professionals who’ve worked tirelessly on the front lines of the pandemic.
As such, ALGV becomes ...
Hyatt Hotels Corporation | August 16, 2021
Hyatt Hotels Corporation today announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a leading luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC for $2.7 billion in cash. The transaction is anticipated to close in the fourth quarter of 2021, subject to customary closing conditions.
ALG’s resort brand management platform AMResorts® provides management s...
Travel + Leisure Group, Sobel Westex | August 27, 2021
The growing suite of consumer products and services developed by Travel + Leisure will soon include at-home luxury inspired by the world’s best destinations and resorts. Travel + Leisure Group has signed a licensing agreement with Sobel Westex – the leading provider of luxury hotel bedding, pillows and linens for the home that offer all of the comfort of a deluxe hotel room – to produce an exclusive collection of luxury linens and accessories. The company’s new product li...
DESTINATION AND TOURISM
Hyatt Hotels Corporation | January 25, 2022
Hyatt Hotels Corporation (NYSE: H) announced plans to accelerate its brand growth in the Americas region with a strong pipeline of expected hotel openings through 2023. Fueled by growing leisure travel demand, 45 hotels are expected to join Hyatt’s portfolio of brands, including Apple Leisure Group’s (ALG) AMRTM Collection brands, in 2022 and 2023 in key resort, all-inclusive and sought-after urban destinations. In addition, Hyatt has signed management and franchise agreements ...
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