Company acquisitions in the Hotel industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 3 acquisitions that took place in the Hotel industry.
Elegant Resorts acquired by Seera
Details about the transaction:
Acquisition amount: $23,339,356
Announcement: 6 February 2014
Details about the company:
A travel agency called Elegant Resorts exclusively provides the best hotels and exceptional customer service for opulent experiences.
Headquarter:
Where to find them: Website
Industry: Hospitality, Hotel, Leisure, Lifestyle, Travel, Travel Accommodations
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Knights Inn acquired by Red Lion Hotels
Details about the transaction:
Acquisition amount: $27,000,000
Announcement: 4 April 2018
Details about the company:
Knights Inn offers affordable online hotel and motel room reservations.
Headquarter:
Where to find them: Website
Industry: Hospitality, Hotel
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
VIP Clubs | Taiwan acquired by VIP Global | Our Focus is You
Details about the transaction:
Acquisition amount: $6,800,000
Announcement: 31 December 2015
Details about the company:
A luxury resorts and private mansion rental and lease management firm with a passion for quality control, VIP is established in Taiwan.
Headquarter:
Where to find them: Website
Industry: Commercial Real Estate, Hospitality, Hotel, Media and Entertainment, Real Estate, Real Estate Investment
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
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