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Mantra Group
Accor APAC’s CEO: “Almost one acquisition per month for the last two years”
On Monday, I reported on the latest in a long line of company acquisitions by AccorHotels, when the company announced its purchase of the Mantra Group in Australia. Almost every day I find myself reading about another intriguing buy from the French hotel group. But what is tying all these Accor deals together?
Accor becomes Australia’s second biggest employer after USD 1.2 billion acquisition of Mantra Group
Recent weeks have seen a flurry of deals and acquisitions from the French multinational and industry juggernaut Accor. May alone saw the USD 105 million purchase of Chilean hotel group, Atton Hoteles; April concluded with the sensational buy-up of Mövenpick Hotels & Resorts — for a cool USD 567 million, on top of successful deals for a 50% interest in Mantis Group and the full acquisition of table reservation platform, ResDiary.
Where to Stay: new hotels from Waldorf Astoria, Sofitel, Rosewood and more
Rosewood Sanya (pictured above) Location: Part of a 16-hectare integrated resort development in Haitang Bay, next to a large convention centre Grade: Luxury Keys: 246, including 45 with balcony plunge pools Facilities: Five restaurants and lounges, a spa, fitness centre, indoor and outdoor yoga areas, a 110-metre swimming pool on the 13th floor, another outdoor […]
Australia’s Mantra Group agrees artistic acquisition
Mantra Group, the Australian hotel company, has entered into an agreement to acquire the Art Series Hotel Group. The deal with the Deague Group is worth approximately AU$52.5 million (US$41.6m) and will see Mantra take control of seven luxury hotels featuring more than 1,000 guest rooms. As a result, Event Hospitality & Entertainment, which manages […]
Two new hotels touch down at Sydney Airport
Travellers at Sydney Airport will soon have the option of breaking up their journey at a choice of two new hotels. Earlier this week, Australia’s Mantra Group officially opened Mantra Hotel at Sydney Airport, a 136-room upscale hotel located close to the domestic terminals, T2 and T3. The eight-storey property will feature a 24-hour reception, […]
Where to Stay: new hotels from Hyatt, Dusit, Holiday Inn Express, and more
Citadines Bayfront Nha Trang Location: In a seafront development on Tran Phu Street, in Vietnam’s popular resort town Grade: Upscale serviced residence Keys: 310 studios and one-bedroom apartments Facilities: Swimming pools, gymnasium, residents’ lounge, business centre, children’s playroom, yoga room and restaurant Meeting space: Ballroom and meeting rooms available They say: “Citadines Bayfront Nha Trang… […]
Where to Stay: new hotels from Fairmont, Regent, Hilton and more
Hilton Garden Inn Singapore Serangoon Location: Singapore’s Little India district Grade: Midscale Keys: 328 Facilities: Restaurant, 24-hour “grab and go” F&B outlet, fitness centre, outdoor pool, business centre Meeting space: One boardroom They say: “The opening of Hilton Garden Inn Singapore Serangoon furthers our mission to be the most hospitable company in the world, especially […]
Where to Stay: New hotels in KL, Shenzhen, Sydney and more…
Mercure Kuala Lumpur Shaw Parade Location: Pudu, on the fringe of KL’s Bukit Bintang retail and entertainment area Grade: Upper-midscale Keys: 213 Facilities: Restaurant, lobby lounge, rooftop pool with bar, fitness centre Meeting space: Three meeting rooms accommodating up to 60 guests They say: “Mercure Kuala Lumpur Shaw Parade blends local charms with modernity” We […]
Where to Stay: New hotels in Singapore, the Maldives, Greek Islands and more…
Hotel G Singapore (pictured above) Location: Close to Singapore’s main shopping street, Orchard Road, and few minutes away from Bugis and Dhoby Ghaut MRT stations Grade: Upper-upscale Keys: 308 Facilities: Two restaurants, wine bar, 24-hour gym, free smartphone in every room Meeting space: Unspecified They say: “We hope… [to] appeal to today’s travellers who are […]
Where to Stay: New hotels in Laos, Australia, the US and more
Banyan Tree’s The Grand Luang Prabang Location: On the banks of the Mekong River in the UNESCO-listed town of Luang Prabang, northern Laos Grade: Luxury Keys: 75 Facilities: Restaurant and bar, swimming pool, museum Meeting space: Unspecified They say: “Savour the hotel’s old-world charm with wooden shutters, large windows and Laotian textiles” We say: Colonial-style […]
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