An investment vehicle backed by Elliott Management has invested in hotels, following similar moves by other big-money firms. Fun fact: The $370 million deal coincides with the acquisition of U2's The Clarence Hotel.
MMGY Global has been acquired by EagleTree Capital, a private equity firm. The travel and tourism agency's previous owner was Peninsula Capital Partners LLC. The terms of the transaction were…
Choice Hotels on Wednesday called on Wyndham Hotels & Resorts to return to merger talks while publicly responding to concerns Wyndham executives had raised about "execution risk" — including questions…
If an alternative asset investor like Blackstone gets interested, things could get even more interesting. Same if European hotel giant IHG made a bid of its own.
The market is skeptical that Choice's hostile takeover bid for Wyndham will be successful. The Skift Travel 200 sheds light on the hotel sector and the thinking behind this offer.
There's nothing quite as exciting in the corporate world than an unwelcome takeover offer. On this episode of the Skift Travel Podcasts, Skift's hotel experts deal with the drama.