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Tag: luxury

How Apple deal benefits Hyatt: A big play for luxury, all-inclusives: Travel Weekly

Posted on August 28, 2021 by sNawaWebs.ADV

The pandemic has done little to curb the hospitality industry’s appetite for all-inclusive expansion, with Hyatt Hotels Corp.’s agreement to acquire Apple Leisure Group (ALG) turning up the heat in an already white-hot sector. The $2.7 billion transaction, which is set to close in the fourth quarter, was the biggest all-inclusive play by a leading…

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

Posted on August 25, 2021 by sNawaWebs.ADV

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 is betting on luxury travel with $2.7 billion resorts deal

Posted on August 24, 2021 by sNawaWebs.ADV

CNN, CNNBUSINESS, WPIX By Hanna Ziady, CNN Business Hyatt is expanding its reach in luxury resorts, betting that pent-up demand following the pandemic will boost demand for upmarket leisure travel. The US hotel group said in a statement Sunday that it has agreed to buy luxury resorts operator Apple Leisure Group from private equity firms…

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Check in for a luxury city escape with Boutique 50

Posted on July 31, 2021 by sNawaWebs.ADV

With travel restrictions in place for most of the last year, we’ve all been missing going away for the night and having a change of scenery. But now that our world is opening back up, we can enjoy luxury escapes once again – and Boutique 50 is the perfect place to start. This brand-new hotel,…

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