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.
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.
artnership to boost HVS Indias annual turnover by up to 75% - Multiple big-ticket hotel funding, divestments & acquisitions already underway
Under the new partnership, hotels using both the eDream BOOKING engine and SiteMinders distribution technology can manage their availability and rates in real-time between their hotel management system and their Brand.com website.