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Lodging
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Yatra Confirms Commencement of Unsolicited Partial Tender Offer by Magna Holdings Ltd.

GURUGRAM, India & NEW YORK--(BUSINESS WIRE)--Yatra Online, Inc. (NASDAQ: YTRA) today confirmed the commencement of an unsolicited partial tender offer by Magna Holdings Ltd....
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UNITE HERE Launches GraduateFails.org About AJ Capital Partners and Graduate by Hilton Hotels

WASHINGTON--(BUSINESS WIRE)--Hotel workers’ union UNITE HERE has launched the website GraduateFails.org detailing ways AJ Capital Partners and Graduate by Hilton Hotels have failed workers and communities across the country. The website is accompanied by digital ads to hotel customers and follows the issuing of a travel advisory for the brand. Graduate Hotels are owned by AJ Capital Partners, and their preferred operator is Schulte Hospitality Group. Graduate by Hilton Hotels are themed around...
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CORRECTING and REPLACING Amid Declining Book Value, ACRES Commercial Realty Struggles to Sell REO Property Due to Labor Dispute with Philadelphia Hospitality Union UNITE HERE Local 274

PHILADELPHIA--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions to the first paragraph. The updated release reads: AMID DECLINING BOOK VALUE, ACRES COMMERCIAL REALTY STRUGGLES TO SELL REO PROPERTY DUE TO LABOR DISPUTE WITH PHILADELPHIA HOSPITALITY UNION UNITE HERE LOCAL 274 UNITE HERE Local 274 has learned that ACRES Commercial Realty (NYSE:ACR) recently told investors that ‘not having a contract’ was ‘holding up efforts’ to sell its Phil...
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Balfour Beatty Appoints Sarah Brand as Vice President of Tampa Buildings Operations

TAMPA, Fla.--(BUSINESS WIRE)--Sarah Brand named vice president of Buildings operations in Tampa....
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Apple Hospitality REIT Announces Monthly Distribution

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution...
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Access Point Financial and TMGOC Ventures Co-Originate $120 Million Bridge + Pref Equity to Recapitalize the New Dual-Branded Fairmont/Element in Downtown New Orleans for the Kailas Companies

ATLANTA--(BUSINESS WIRE)--Access Point Financial & TMGOC Ventures announced the co-origination of a $120 million bridge loan & preferred equity investment for Kailas Companies...
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HGV Announces New Share Repurchase Plan

ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE:HGV) (“HGV” or “the Company”) today announced that its Board of Directors has approved a two-year share repurchase plan authorizing the Company to repurchase up to an aggregate of $600 million of its outstanding shares of common stock. The new repurchase plan will commence once the existing two-year repurchase plan, which was approved by the Board of Directors in July 2025 for an aggregate amount of up to $600 million, is fully c...
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Casago Completes Local Franchise Sales of Former Vacasa Markets

PHOENIX, Ariz. & PORTLAND, Ore.--(BUSINESS WIRE)--Just over one year after completing its acquisition of Vacasa, the largest vacation rental management company in the industry, Casago today announced it has completed the sale of all former Vacasa markets. In September, the company will conclude the process of moving markets into local franchise ownership or new ownership structures. Described as a watershed moment for the sector, Casago’s May 1, 2025 acquisition of Vacasa brought together two c...
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StayTerra Appoints Amy Kothari as Chief Executive Officer

NEW YORK--(BUSINESS WIRE)--StayTerra, a platform of premier vacation rental brands in top destinations across America, today announced the appointment of Amy Kothari as Chief Executive Officer, effective immediately. Ms. Kothari will lead the platform's next chapter, deepening StayTerra’s focus on best-in-class property management for owners and seamless, elevated experiences for guests. Her appointment reflects StayTerra’s commitment to building a world-class leadership team with the depth and...
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Hospitality Ventures Management Group (HVMG) Names Pete Sams President

ATLANTA--(BUSINESS WIRE)--Hospitality Ventures Management Group (HVMG) announced that Pete Sams has joined the company as president....