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Business Travel

HYATT TO ACQUIRE APPLE LEISURE GROUP, EXPANDING GLOBAL BRAND PRESENCE IN LUXURY LEISURE TRAVEL

Hyatt Hotels Corporation | August 16, 2021

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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...

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TRAVEL ADVISORS HIGHLIGHT COMPANIES HANDLING COVID-19 PANDEMIC THE BEST

Travel Advisors | June 04, 2020

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As travel restrictions are lifted and more destinations are reopening to the public, travel advisors continue to work diligently for their clients. While some brands have dropped the ball, many companies within the industry have gone above and beyond for travel advisors when it mattered the most. The agents who have worked tirelessly since the coronavirus outbreak began are now sharing their positive stories. One of the groups making a huge splash is the American Society of Travel Advisors (ASTA...

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Travel Technology

ENNISMORE AND SHIVOM LLC ANNOUNCES SIGNING A NEW MAMA SHELTER IN LA

ENNISMORE | September 20, 2023

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Ennismore and Shivom LLC to Launch Mama Shelter Downtown LA in 2026, the Second of Its Kind in the City: Ennismore and its partner Shivom LLC are set to open Mama Shelter Downtown LA in 2026, following the success of Mama Shelter LA in 2015. Mama Shelter Downtown LA, housed in the transformed Mart South Building in Downtown LA, will offer 149 keys, including 145 standard rooms and four suites, known for its lively design, exceptional dining, and entertainment. ...

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Travel Technology

MADISON SQUARE GARDEN ENTERTAINMENT CORP. AGREES TO SELL MAJORITY INTEREST IN TAO GROUP HOSPITALITY

businesswire | April 21, 2023

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Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment” or “Company”) today announced that it has agreed to sell its 66.9% majority interest in Tao Group Hospitality to Mohari Hospitality, a global investment company focused on the luxury lifestyle and hospitality sectors, in a transaction that values Tao Group Hospitality at $550 million. The transaction is expected to close in May. Upon completion of the sale of its majority interest, ...

Read More
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Business Travel

HYATT TO ACQUIRE APPLE LEISURE GROUP, EXPANDING GLOBAL BRAND PRESENCE IN LUXURY LEISURE TRAVEL

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...

Read More
news image

TRAVEL ADVISORS HIGHLIGHT COMPANIES HANDLING COVID-19 PANDEMIC THE BEST

Travel Advisors | June 04, 2020

As travel restrictions are lifted and more destinations are reopening to the public, travel advisors continue to work diligently for their clients. While some brands have dropped the ball, many companies within the industry have gone above and beyond for travel advisors when it mattered the most. The agents who have worked tirelessly since the coronavirus outbreak began are now sharing their positive stories. One of the groups making a huge splash is the American Society of Travel Advisors (ASTA...

Read More
news image

Travel Technology

ENNISMORE AND SHIVOM LLC ANNOUNCES SIGNING A NEW MAMA SHELTER IN LA

ENNISMORE | September 20, 2023

Ennismore and Shivom LLC to Launch Mama Shelter Downtown LA in 2026, the Second of Its Kind in the City: Ennismore and its partner Shivom LLC are set to open Mama Shelter Downtown LA in 2026, following the success of Mama Shelter LA in 2015. Mama Shelter Downtown LA, housed in the transformed Mart South Building in Downtown LA, will offer 149 keys, including 145 standard rooms and four suites, known for its lively design, exceptional dining, and entertainment. ...

Read More
news image

Travel Technology

MADISON SQUARE GARDEN ENTERTAINMENT CORP. AGREES TO SELL MAJORITY INTEREST IN TAO GROUP HOSPITALITY

businesswire | April 21, 2023

Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment” or “Company”) today announced that it has agreed to sell its 66.9% majority interest in Tao Group Hospitality to Mohari Hospitality, a global investment company focused on the luxury lifestyle and hospitality sectors, in a transaction that values Tao Group Hospitality at $550 million. The transaction is expected to close in May. Upon completion of the sale of its majority interest, ...

Read More

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C-Suite On Deck

Responsive image

Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...

Contact Us