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Displaying documents 105-112 of 4307, with best matches first:

105. IHG Agrees to Buy Regent Hotels and Resorts
InterContinental Hotels Group has agreed to acquire a 51% stake in Regent Hotels and Resorts for $39 million in cash. IHG will have the right to acquire the remaining 49% interest in a phased manner from 2026.
106. Shiji Acquires ReviewPro
Shiji (Hong Kong) has acquired a majority stake in ReviewPro, a cloud-based data and analytics provider of guest intelligence solutions for hotels. Since signing its first clients in September 2009, ReviewPro today has more than 30,000 hotel clients across all segments of the industry, including brands such Melia, Ascott, Kempinski, Red Lion Hotels and citizenM.
107. AccorHotels in Talks to Acquire FCDE’s Stake in Groupe Noctis
AccorHotels and the FCDE (Fonds de Consolidation et de Développement des Entreprises) have confirmed that they are in exclusive talks about acquiring 100% of the latter’s minority interest in Groupe Noctis.
108. Red Planet Hotels Becomes Third Largest Investor in Tune Hotels
Red Planet Hotels has invested in a 16.05% stake in the rapidly expanding Tune Hotels operation as both companies seek to grow the booming low cost hotel brand. The deal cements Red Planet Hotels – who is a major franchisee of the brand across South-East Asia – as the third largest investor in Tune Hotels with 9,975,038 shares, providing further value to Red Planet Hotel’s sharehol
109. Nok Partners Scoot
Nok Air and Scoot have signed a memorandum of understanding to establish a new low-cost airline to be based in Bangkok. The new airline will be named NokScoot and will be based at Don Mueang International Airport. It will operate widebody aircraft on medium and long-haul international routes. Nok and its alliance will have a 51% stake and Scoot will have 49%. The initial investment
110. Sabre to Acquire Abacus
Sabre has entered into a definitive agreement to acquire Abacus International, a global distribution system (GDS) in the Asia Pacific region. Abacus is currently owned by a consortium of 11 Asian airlines along with Sabre, which has a 35% stake in the company. Sabre will purchase the remaining portion of Abacus for net cash consideration of $411 million.
111. Fiji Airways Reports H1 2014 Results
Fiji Airways Group today reported its unaudited interim results for the first half of 2014, announcing an increase in operating profits to the corresponding period last year. The group, legally known as Air Pacific Limited, comprises of Fiji Airways (Fiji’s National Airline), its subsidiary Fiji Link and a 38.75% stake in the Sofitel Fiji Resort & Spa on Denarau Island. The group r
112. Air Seychelles Reports First Profit in Three Years
Air Seychelles, the national airline of the Republic of Seychelles, has reported a net profit of US$1 million for the 2012 financial year. The positive result comes just 12 months after Etihad Airways acquired a 40% stake in the airline and was awarded a five year management contract. The profit follows three years of significant losses.

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