Hotels, Motels & Cruise Lines
Action Hotels PLC:Agrees to jointly acquire, with Action Group Holdings, a prime freehold plot of land located in Dubai's Healthcare City.Plot is being acquired directly from the Dubai government for a consideration of $15.7 mln.
InterContinental Hotels Group PLC:To acquire Kimpton Hotels & Restaurants for $430 mln in cash.Acquisition makes IHG the clear market leader in the boutique segment, the fastest growing segment in the industry.BofA Merrill Lynch acted as financial adviser to IHG.
Tallink Grupp AS:Announces that it has signed with Meyer Turku Oy a Letter of Intent for the construction of an environmentally friendly car-passenger ferry for the Tallinn-Helsinki route shuttle operations.Says the ship will cost around 230 million euros and will be built at Turku shipyard for delivery in the beginning of 2017.Says the new ferry will be about 212 meters in length with a gross tonnage of 49 000.Says the ship will operate on the route between Helsinki and Tallinn and she is planned to carry 2800 passengers.
Dalata Hotel Group PLC:Enters into an agreement to acquire the Pillo Hotel & Spa in Galway city.Company has agreed to acquire the freehold interest in the Pillo Hotel Galway along with a number of related interests for a consideration of 10.5 mln euros.Pillo Acquisition is conditional upon the approval of the Competition and Consumer Protection Commission.It is expected that the transaction will complete within 30 working days.Pillo Hotel Galway is a 4 star hotel located close to Galway City Centre.Hotel contains 104 bedrooms, a spa and fitness suite, a restaurant and 5 meeting rooms.Included within the purchase is an underground car park with 215 spaces, 400 square metres of fully let office space and a vacant retail unit comprising of 1,200 square metres.
Red Lion Hotels Corp:Has acquired an adaptive reuse property located at Baltimore's Inner Harbor in Maryland.Says 130-room hotel is expected to open in summer 2015 as company's first Hotel RL.
Club Mediterranee SA:Says Fosun raised his offer on Club Mediterranee to 23.5 euros per share from 22.0 euros per share.Says AMF has released a notice which extended the duration of the tender to December 17.
Norwegian Cruise Line Holdings Ltd:Announced acquisition of Prestige Cruises International, Inc. (Prestige), in cash and stock for a total transaction consideration of $3.025 billion, including the assumption of debt.
Hyatt Hotels Corp:Announces that a Hyatt affiliate has acquired its partners' 92 percent interest in the 491-room Hyatt Regency Lost Pines Resort and Spa in Austin/Bastrop, Texas, for about $143 million.