Hotels, Motels & Cruise Lines
Accor SA:Announces take-over of Fastbooking, a digital services provider for hotel industry.Fastbooking to deliver its solutions designed to improve performance and visibility of clients, operating independently within Accor.
Easyhotel PLC:Acquires a freehold office and restaurant at 47 Castle Street, Liverpool, where it intends to convert the offices to an easyHotel.Property is located in the centre of Liverpool.The purchase of the building and conversion project is expected to cost around 3 mln pounds.
Indian Hotels Company Ltd:Says the board of directors accorded their approval to the proposed acquisition of the balance 80.1 pct stake in Lands End Properties Private Ltd (LEPPL), for an aggregate consideration not exceeding 170 mln Indian Rupees.It is thereby making LEPPL a 100 pct subsidiary of the company.Pursuant to the foregoing, ELEL Hotels & Investments Ltd, the licensee of the Erstwhile Hotel Sea Rock Site, will become a subsidiary of the company.
CH Bailey Plc:Acquires residential property in Malta.
Marriott International Inc:Has completed acquisition of Delta Hotels and Resorts brand and management and franchise business from Delta Hotels Limited Partnership, subsidiary of British Columbia Investment Management Corporation (bcIMC).Says transaction increases Marriott's distribution in Canada to more than 120 hotels and 27,000 rooms, making Marriott the largest full-service hotel company in Canada.With closing of Delta transaction, Marriott's development pipeline in Canada exceeds 45 properties and 7,300 rooms.
Dalata Hotel Group PLC:Enters into an agreement to acquire the Maldron Hotel Wexford.Acquires the freehold interest in the Maldron Hotel Wexford for a consideration of 3.53 mln euros.Consideration is payable in cash.Acquisition will consolidate the Group's position and allow it to develop the business of the hotel to its full potential.Transaction will complete in April 2015.
Grupo Hotelero Santa Fe SAB de CV:Signs contract to acquire hotel Krystal Satelite Maria Barbara in Mexico City for 266 million pesos.Will finance the acquisition from recent public offer and a bank loan of about 48.2 million pesos.To invest additional 39.0 million pesos in various improvements and general adjustments.Hotel counts 215 five-star rooms.
Dalata Hotel Group PLC:Announces that it has completed the acquisition of the Holiday Inn Belfast.