Hints and tips:
..., purchased 17 hotels in the country from the Equity Inmuebles fund....
...The pension fund, which manages nearly $300bn in assets, is investing in Vantage’s Europe, Middle East and Africa businesses after its US private equity owner, DigitalBridge, hired advisers this spring to...
...The big hotel openings of 2024....
...Choice’s $90 cash and stock offer values Wyndham’s equity at $7.8bn. That is a 22 per cent premium to the shares’ undisturbed three month average....
...A new “Guest Favorites” feature, which directs users to the 2mn best-reviewed properties on the platform, was launched in November and is aimed at luring more customers away from hotels with its quality...
...Calay cited the example of InterContinental Hotels Group which suspended its dividend during the Covid pandemic in March 2020....
...Choice Hotels International has gone public with a nearly $10bn hostile bid for rival Wyndham Hotels and Resorts, after six months of takeover talks to create one of the biggest US budget hotel operators...
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
...Its properties include the City of Dreams resort and casino in Macau, which includes the Morpheus Hotel designed by Zaha Hadid Architects. It raised $1.1bn when it listed on Nasdaq in 2006....
...Speculation of a private equity bid sent them soaring last week. Payments remain an emerging theme for investors....
...Private equity company EIG was to take over offshore gas assets in the break-up of the company....
...But the elephant in the ballroom at the Roosevelt Hotel was Elon Musk....
...Koch Industries made its investment in Victoria in 2020 through its Koch Equity Development unit, which makes private equity and private credit style investments while applying the Wichita, Kansas-based...
...The volumes of hotel deals struck in Europe increased to €4.3bn in the first quarter, according to real estate advisers Cushman & Wakefield....
...from Coty (WSJ) Alleged Odey victims seek safeguarding of firm’s assets ahead of litigation (FT) UK ministers intervene in 8 deals involving China-linked investment (FT) There’s a hot new hedge fund hotel...
...Law firm Skadden has appointed Rich Youle, co-head of its private equity group, as head of its London office, replacing Pranav Trivedi....
...Cascade also owns most of the Four Seasons Hotels and Resorts, for example. Still, it’s an interesting portfolio....
...Khoo Zing Sheng, equity research analyst at AmBank Research, suggested there was room to deal with the pressures in a project that was just 15 per cent complete....
...Private equity firms such as KKR and Bain have long viewed Japan as rich in targets....
...In today’s newsletter: The private equity doctor is in Boehly’s crypto dilemma Bond bears’ big bet on Japan (Anti)trust me, I’m a doctor To understand how private equity is changing US healthcare, it...
...Over at Ozy Media, which billed itself as a media company at the forefront of “the New and the Next”, founder Carlos Watson was arrested at a hotel last week on fraud charges....
...Part of that included carrying on with the conference at Hong Kong’s five-star Conrad hotel, fittingly themed “Embracing Reality”. On the surface, things seemed like business as usual....
...A good example is Johnsons Service Group, a provider of hotel laundry services and workwear, which, awash with debt, faced a near-death experience in the 2008-09 financial crisis....
...And finally Just a short drive from the Queen’s beloved Balmoral in Aberdeenshire is the glorious Fife Arms, a boutique hotel from the founders of global gallery Hauser & Wirth....
...Opinion: QE has become ‘Hotel California’ for central banks, writes Megan Greene. Five more stories in the news 1....
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