Live Breaking News & Updates on Hospitality Reits Trbc Level 5
Stay updated with breaking news from Hospitality reits trbc level 5. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Singapore's SC Capital Partners aims to raise around $550 million for a new fund targeting hard-hit Japanese hotels, its chairman told Reuters, betting tourism will come back strongly once the coronavirus pandemic subsides. ....
2 Min Read LONDON (Reuters) - On a London rooftop terrace on Monday, hundreds of people savoured the chance to meet and drink together for the first time in months, after the government eased COVID-19 restrictions and allowed pubs and restaurants to serve small groups outdoors. Slideshow ( 5 images ) The Skylight bar in the east of the capital was abuzz with chatter and laughter, a welcome return to some kind of normality for Britons who had endured one of the world’s longest lockdowns. “Best I’ve ever felt,” said Chloe Hicks, a student, when asked what it was like to meet up with friends over a drink. “It’s really nice to be back out and with everyone.” ....
By Reuters Staff 1 Min Read SAO PAULO (Reuters) - Brazilian listed medical services firm Diagnósticos da América SA, known as DASA, said on Monday that the board of the company has approved a proposed acquisition of two rival medical companies. According to the filing, the board authorized its wholly owned subsidiary Ímpar Serviços Hospitalares SA to buy up to 100% of the stock of Andrade da Silva Participações SA and up to 100% of the stock capital of Mendes da Silva Participações SA. DASA said the subsidiary has agreed to pay about 400 million reais ($72.05 million) in cash as part of the deal. The transaction will also entail issuance of some 12.5 million shares by Impar, which will be given as payment to the sellers, the filing said. ....
By Reuters Staff 2 Min Read (Reuters) - U.S. timeshare operator Hilton Grand Vacations Inc said on Wednesday it would buy Diamond Resorts International Inc for about $1.4 billion, as the hospitality industry readies for a recovery from the COVID-19 pandemic blow. Bookings have bounced back from April 2020 lows on a relative easing of lockdowns, while a wider rollout of COVID-19 vaccines is expected to support a rebound in leisure travel. Timeshare operators such as HGV and Diamond Resorts, along with vacation rentals firms including Airbnb Inc and Vrbo, stand to benefit from an uptick in leisure travel. Meanwhile, business travel-reliant hotel chains including Marriott and smaller rival Hilton Worldwide are seen as having a longer path to recovery. ....
U.S. timeshare operator Hilton Grand Vacations Inc said on Wednesday it would buy Diamond Resorts International Inc for about $1.4 billion, as the hospitality industry readies for a recovery from the COVID-19 pandemic blow. ....