Hyatt Taking Over Two Roads Hospitality

Category: Hotels, Posted:09 Oct 2018 | 06:48 am

Consolidation on the hotel map is continuing unabated, with the latest news being global operator Hyatt Corporation announcing a deal to acquire Two Roads Hospitality for a reported USD480 million.

Two Roads is a boutique multi-branded management group that includes Alila, Commune, Thompson and Joie de Vivre, whose total portfolio is 85 properties.

According to press reports the deal is expected to reach USD600 million once final adjustments are made which could equate to a multiple on earnings of 12, once integration is complete.

This is the second recent acquisition for Hyatt, with the other being the wellness group Miraval.

Other News

What is Being Thailand 2025?

Category: Hotels|Tourism, Posted:14 Mar 2025 | 13:58 pm Welcome to the exhilarating start of something new in the wellness space. Being Thailand 2025 is the first step in an ongoing series of events. It’s about elevating connections and being a place of inspiration. This unique B2B platform is about creating lasting bonds between wellness businesses, services, products, and entrepreneurs. From its core mission […]

C9 Hotelworks Releases Bangkok Serviced Apartment Market Update

Category: Hotels|Tourism, Posted:08 Mar 2025 | 09:17 am According to C9 Hotelworks new Bangkok Serviced Apartment Market Update 2025 report, operators are seeing a surge in short-term demand, despite a rising influx of expatriates. Bangkok’s serviced apartment market has expanded at a 6.2% compound annual growth rate (CAGR) over the past decade, driven by the expansion of international brands such as The Ascott […]

The C9 Sessions. Property Market Update – Thailand’s Short and Long-Term Rental Market

Category: Hotels|Real estate, Posted:03 Mar 2025 | 16:12 pm The C9 Sessions is headed to Bangkok on Tuesday 11th March 2025. One of the hottest topics out there at the moment is Thailand’s rental market. With a backdrop of surging tourism numbers vacation rentals are in high demand. While on the investment side, longer term letting is becoming an increasingly attractive yield play for […]

More Insider News