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Aviation News
WestJet to be Acquired by Onex

WestJet to be Acquired by Onex

WestJet Airlines Ltd. announced today it has entered into a definitive agreement that provides for its acquisition in an all-cash transaction. Under the terms of the agreement, Onex Corporation and its affiliated funds will acquire

Hotels & Resorts
Xenia Hotels & Resorts Acquires Waldorf Astoria Atlanta Buckhead

Xenia Hotels & Resorts Acquires Waldorf Astoria Atlanta Buckhead

Xenia Hotels & Resorts today announced its acquisition of the former Mandarin Oriental, Atlanta, a 127-room luxury hotel located in the upscale Buckhead area of Atlanta, Georgia, for $53.5 million, or approximately $421,000 per key. The hotel was rebranded as Waldorf Astoria

Hotels & Resorts
Hyatt to Acquire Two Roads Hospitality

Hyatt to Acquire Two Roads Hospitality

Hyatt Hotels Corporation today announced an agreement, an international lifestyle hotel management company with a unique collection of distinctive brands, properties and a robust development pipeline around the globe. Through the addition of Two Roads,

Hotels & Resorts
AccorHotels Completes Acquisition of Mövenpick Hotels & Resorts

AccorHotels Completes Acquisition of Mövenpick Hotels & Resorts

AccorHotels announces the completion of its acquisition of Mövenpick Hotels & Resorts. The Enterprise Value (EV) represents CHF 560M (€482M) and encompasses 100% of Mövenpick company’s share capital, as well as ownership of the Mövenpick