May 23 (Reuters) - Regal Hotels International Holdings Ltd <0078.HK>:Full Season entered into LOI with potential JV partner.Pursuant to LOI, full season shall, pay a deposit of US$1 million to an escrow agent.LOI in relation to possible cooperation on a property development project in New York.
May 22 (Reuters) - Belmond Ltd : :Belmond announces acquisition of cap juluca in anguilla.Belmond Ltd - deal for approximately $84.6 million.Belmond -deal initially expected to be financed using cash on hand and $45.0 million of borrowings under co's previously undrawn $105.0 million revolving credit facility.Belmond Ltd says anticipates that Cap Juluca will generate adjusted EBITDA of between $12 million and $14 million following renovation and expansion.
May 19 (Reuters) - Indian Hotels Company Ltd :Says to consider scheme of amalgamation of Tifco Holdings Limited, wholly owned subsidiary, with company.
May 18 (Reuters) - Holloway Lodging Corp :Holloway Lodging Corp announces repayment of maturing mortgages and refinancing transactions.Has refinanced all of its 2017 mortgage maturities.Has entered into a credit facility with a syndicate of lenders led by CWB Franchise Finance.Credit facility consists of a $50.0 million term loan and a $30.0 million revolver.Holloway Lodging- has repaid an aggregate of $90.3 million of debt set to mature in 2017, as of May 17, Holloway has total debt outstanding of $212.4 million.Holloway Lodging - has also entered into a commitment letter for a mortgage secured by two hotels located in Alberta with an Alberta-based credit union.Holloway Lodging - mortgage expected to have maximum principal amount of $17.5 million, interest rate of 4.25 pct, an amortization period of 15 years & a 5-year term.
May 5 (Reuters) - AccorHotels Annual Shareholders Meeting.:Accorhotels shareholders reject a proposal blocking the granting of further double-voting rights to long term shareholders..Some 52.36 percent of the votes were cast in favour of the proposal at the annual shareholders meeting while the proposal needed a two-thirds majority to be approved..A group of 14 shareholders, led by Paris-based investment firm PhiTrust and representing 2.3 percent of AccorHotels's capital, had filed the proposal to block the further granting of double voting rights. nL8N1I52M8.
May 5 (Reuters) - Capital Estate Ltd <0193.HK>-:Company placed order to subscribe for allocated shares in IPO of Bocom International.Maximum amount of subscription monies payable is us$9 million.
Intrawest Resorts Holdings Inc :IntraWest Resorts - if merger deal terminated for failure to obtain approvals, Hawk Holding will be required to pay co $66.2 million - SEC filing.
PANDOX AB : PANDOX AB (PUBL) PLANS TO ACQUIRE SILKEN BERLAYMONT IN BRUSSELS FOR MEUR 32.7 . PURCHASE PRICE AMOUNTS TO MEUR 32.7, CORRESPONDING TO APPROXIMATELY MSEK 315, AND IS FINANCED BY EXISTING CREDIT FACILITIES . TRANSACTION AND TRANSFER OF POSSESSION ARE EXPECTED TO BE COMPLETED AT END OF MAY 2017 . PLANS TO ACQUIRE SILKEN BERLAYMONT IN BRUSSELS, BELGIUM . FOR 2017 HOTEL IS EXPECTED TO CONTRIBUTE EQUIVALENT OF APPROXIMATELY MSEK 70 IN REVENUE AND MSEK 10 IN CASH EARNINGS ON AN ANNUALIZED BASIS .SELLER IS HOTEL BERLAYMONT SA/URVASCO HOTEL SA VIA TRUSTEE WHERE PANDOX HAS RECEIVED NECESSARY COURT APPROVAL TO ENTER INTO AN AGREEMENT TO ACQUIRE HOTEL.
AccorHotels : Says acquires VeryChic, a digital platform for private sale of luxury hotel rooms and apartments a digital platform for the private sale of luxury hotel rooms and apartments, cruises, breaks and packages. . It says VeryChic offers, via its website and mobile application, more than 4,000 exclusive private sales at attractive prices to a member base of more than 5 million. . AccorHotels did not give value of transaction . Says transaction will strengthen AccorHotels expertise in private sales and enable VeryChic to accelerate international development. Further company coverage: [ACCP.PA] (Reporting by Paris Newsroom) ((email@example.com; +33 1 49 49 54 52;)).