AccorHotels and Mövenpick Hotels & Resorts finalize merger

AccorHotels and Mövenpick Hotels & Resorts finalize merger

With the close of this acquisition, AccorHotels has become the largest operator by room number in the Middle East and Africa.

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CityCenter sells Mandarin Oriental Las Vegas for USD 214 million

CityCenter sells Mandarin Oriental Las Vegas for USD 214 million

CityCenter is jointly owned by a wholly owned subsidiary of MGM Resorts International and Infinity World Development Corp (a wholly owned subsidiary of Dubai World).

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Coca-Cola buys Costa Coffee for USD 5 billion

Coca-Cola buys Costa Coffee for USD 5 billion

The acquisition will expand the existing Coca-Cola coffee lineup by adding another leading brand and platform.

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Amadeus acquires TravelClick for USD 1.5 billion

Amadeus acquires TravelClick for USD 1.5 billion

Deal will significantly expand Amadeus’ presence in the hospitality sector.

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