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New Deal


Announced

Completed

Lowe completed the acquisition of vacation rental management business from Hyatt.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Private

hotels

hospitality

United States

Hotels and Motels

Single Bidder

Friendly

Acquisition

Domestic

Majority

Synopsis

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Lowe, a national real estate investor, developer and manager completed the acquisition of vacation rental management business from Hyatt. Financial terms were not disclosed. “Our hospitality management business was formed in 1973 to provide residential resort management services. This transaction represents a welcome return for Lowe and CoralTree to the roots of our business and to familiar markets where we have been active for decades,” Rob Lowe, Lowe Co-CEO.

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