Tag: group

Hyatt to Acquire Apple Leisure Group, Expanding Global Brand Presence in Luxury Leisure Travel | Business

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CHICAGO–(BUSINESS WIRE)–Aug 15, 2021– Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a leading luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC for $2.7 billion in cash. The transaction is anticipated to…

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Hyatt Hotels acquires Apple Leisure Group

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Amid concerns about the spread of the highly-contagious delta variant, Hyatt Hotels is expanding its luxury hotels and resorts by acquiring Apple Leisure Group from KKR and KSL Capital Partners. The company is placing a bet on leisure travel, pushing its revenues from the segment over the 50% mark, from 45%, with business travel making…

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IBI Group Awarded Operations Services Contract for City of

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TORONTO, Aug. 06, 2021 (GLOBE NEWSWIRE) — IBI Group (TSX:IBG) has been selected by the City of Toronto to operate the Road Emergency Services Communications Unit (RESCU) Traffic Operations Centre (TOC) for a period of up to five years. In addition to operations, the firm will provide professional services and traffic management solutions, enhancing the…

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