Minor International (MINT) announced today that it has reached agreement to acquire 30,000,000 shares in NH Hotel Group in a transaction valued at EUR 192 million, which together with its existing shareholding will increase MINTs stake in NH Hotel Group to 8.6% on a fully diluted basis.
Brazil continues streak of occupancy and room-rate growth - Costa Rica breaks April performance records - Peru room rates increase for first time in 2018
Italy occupancy reaches all-time high for April - Switzerland posts lowest April ADR on record - Poland performance comparisons positive due to Easter calendar shift
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with both Henderson Park and Hines for the first Grand Hyatt hotel in Greece, Grand Hyatt Athens. The opening is expected in Q3 2018.