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New Deal


Announced

Hyatt Hotels to acquire the lifestyle hotel brand and management platform from Dream Hotel Group for $300m.

Financials

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Transaction Value£248m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Real Estate

Single Bidder

Domestic

Majority

hotel operator

Hotels and Motels

Private

Pending

Friendly

United States

Synopsis

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Hyatt Hotels, a hospitality company, agreed to acquire the lifestyle hotel brand and management platform from Dream Hotel Group, a hotel brand and management company, for $300m. “Hyatt has a proven track record of preserving what makes lifestyle hotels special and is the ideal new home for our growing Dream Hotel Group brands. As an owner of Dream Hotel Group properties, I look forward to the next part of our journey and am confident there is a bright future ahead for our hotels, owners, guests and team members as part of the Hyatt family," Sant Singh Chatwal, Dream Hotel Group Chairman and Founder.

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