Hotels, Motels & Cruise Lines

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CH Bailey Plc acquires residential property in Malta

Wednesday, 1 Apr 2015 11:19am EDT

CH Bailey Plc:Acquires residential property in Malta.

Marriott International Inc completes acquisition of Delta Hotels and Resorts

Wednesday, 1 Apr 2015 08:00am EDT

Marriott International Inc:Has completed acquisition of Delta Hotels and Resorts brand and management and franchise business from Delta Hotels Limited Partnership, subsidiary of British Columbia Investment Management Corporation (bcIMC).Says transaction increases Marriott's distribution in Canada to more than 120 hotels and 27,000 rooms, making Marriott the largest full-service hotel company in Canada.With closing of Delta transaction, Marriott's development pipeline in Canada exceeds 45 properties and 7,300 rooms.

Dalata Hotel Group PLC announces acquisition of Maldron Hotel Wexford

Tuesday, 31 Mar 2015 02:00am EDT

Dalata Hotel Group PLC:Enters into an agreement to acquire the Maldron Hotel Wexford.Acquires the freehold interest in the Maldron Hotel Wexford for a consideration of 3.53 mln euros.Consideration is payable in cash.Acquisition will consolidate the Group's position and allow it to develop the business of the hotel to its full potential.Transaction will complete in April 2015.

Grupo Hotelero Santa Fe SAB de CV acquires hotel Krystal Satelite Maria Barbara

Thursday, 26 Mar 2015 07:41pm EDT

Grupo Hotelero Santa Fe SAB de CV:Signs contract to acquire hotel Krystal Satelite Maria Barbara in Mexico City for 266 million pesos.Will finance the acquisition from recent public offer and a bank loan of about 48.2 million pesos.To invest additional 39.0 million pesos in various improvements and general adjustments.Hotel counts 215 five-star rooms.

Dalata Hotel Group PLC announces completion of acquisition

Wednesday, 25 Mar 2015 08:25am EDT

Dalata Hotel Group PLC:Announces that it has completed the acquisition of the Holiday Inn Belfast.

TA Global Bhd's subsidiary to acquire 2 pieces of freehold vacant commercial land

Thursday, 19 Mar 2015 08:00pm EDT

TA Global Bhd:Says Metro Ingenious Sdn Bhd, subsidiary of company entered into sale and purchase agreement with Europlus Corporation Sdn Bhd to acquire 2 pieces of freehold vacant commercial land.To acquire piece of freehold vacant commercial land measuring about 277,969 square metres held under Title No. Geran 56575, Lot 16531, Seksyen 20, Bandar Serendah, Daerah Ulu Selangor, Negeri Selangor.Also to acquire piece of freehold vacant commercial land measuring about 490,238 square metres held under Title No. Geran 56577, Lot 16532, Seksyen 20, Bandar Serendah, Daerah Ulu Selangor, Negeri Selangor.Says acquisition of properties for total purchase price of 106,860,000 Ringgit.

Mantra Group Ltd announces Outrigger Hotels & Resorts Australia Pty Ltd acquisition and equity raising

Wednesday, 18 Mar 2015 06:08pm EDT

Mantra Group Ltd:Entered into agreement to acquire Outrigger Hotels & Resorts Australia Pty Ltd for $29.5 million, subject to customary completion adjustments and conditions.Says that as a result, Mantra Group is launching fully underwritten institutional placement to raise about $50 million to assist in funding Outrigger Acquisition as well as providing Mantra Group with additional capital to fund identified pipeline opportunities.Mantra Group will also offer all existing eligible shareholders in Australia and New Zealand the opportunity to acquire additional shares (up to a fixed amount) via a non-underwritten share purchase plan (together with placement, the equity raising).

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$75.00
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