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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 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...
Travel Technology
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. ...
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, ...
Hospitality Management
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