Hyatt acquires Apple Leisure Group
The acquisition will accelerate the transformation into a less asset-intensive company, and the first step is in line with Hyatt’s commitment to sell 2 billion USD worth of hotels by the end of 2024.
Hyatt President and CEO Mark Hoplamazian said in a statement: The acquisition of ALG properties will double Hyatt’s global resort footprint. (MTI)
Related news
Could a volcano paralyze European tourism today?
Fifteen years after the 2010 eruption of the Icelandic volcano…
Read more >
Hygiene problems at a wellness hotel, NAV drained the pool water
The National Tax and Customs Administration (NAV) had to drain…
Read more >
Overtourism in Europe: water cannon protests in Barcelona, bans in Budapest
Short-term rentals, hordes of tourists and overburdened infrastructure are straining…
Read more >Related news
Could a volcano paralyze European tourism today?
Fifteen years after the 2010 eruption of the Icelandic volcano…
Read more >
International quotation system – a more transparent event planning market
MaReSz proposes the introduction of an international quotation system for…
Read more >
Overtourism in Europe: water cannon protests in Barcelona, bans in Budapest
Short-term rentals, hordes of tourists and overburdened infrastructure are straining…
Read more >
