Berlin-based hospitality brand Numa Group has acquired Dutch aparthotels operator YAYS Group from Proprium Capital Partners. The companies did not disclose details of the deal.
Choice Hotels has made yet another, more assertive move in its hostile takeover bid of rival Wyndham. It looks like shareholders will be voting on a potential merger when they consider board elections in May.
Airbnb made public filings on Tuesday showing that its acquisition of AI company GamePlanner.AI was paid partially with stock valued at about $104.5 million.
Adam Cheyer has driven a lot of success through his work at past companies. Now he's at Airbnb, showing the company really is serious about its dedication to integrating AI.
Choice Hotels is seeing weakness in its hotel development pipeline. That may not improve much if it remains distracted by pursuing a merger with Wyndham.
Given a string of bad luck events, it can seem like Ace Hotels is a jinxed brand. But any visit to its properties in New York, New Orleans, or LA will reveal an electric vibe that's a reminder it can be salvaged and taken to the next level.
Ambuja Neotia, a real-estate developer and operator in Kolkata, has bought Tree of Life Resorts and Hotels, a collection of 14 boutique hotels across India with about 200 rooms that…