3 Acquisitions of Companies in the Hotel Industry

January 15, 2023
Acquisitions Hub

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.

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:

Parsippany, New Jersey, United States

Where to find them:

Industry:

Hospitality, Hotel

Details about the buyer:

A firm in the hospitality industry that primarily owns, operates, and franchises hotels

Headquarter:

Spokane, Washington, United States

Where to find them:

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:

Chester, Cheshire, United Kingdom

Where to find them:

Industry:

Hospitality, Hotel, Leisure, Lifestyle, Travel, Travel Accommodations

Details about the buyer:

Seera is a travel and tourism firm with a well-balanced portfolio of reliable brands that routinely goes above and beyond for customers.

Headquarter:

Riyadh, Ar Riyad, Saudi Arabia

Where to find them:

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:

Taipei, T'ai-pei, Taiwan

Where to find them:

Industry:

Commercial Real Estate, Hospitality, Hotel, Media and Entertainment, Real Estate, Real Estate Investment

Details about the buyer:

Private jet and limo services are provided by VIP Global, a private aviation and chauffeur service company.

Headquarter:

Taipei, T'ai-pei, Taiwan

Where to find them: