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Priceline.com to Acquire KAYAK

NORWALK, Conn.—Priceline.com Incorporated announced that it has signed a definitive agreement for the Priceline Group to acquire KAYAK in a stock and cash transaction. Under the terms of the agreement, the transaction values KAYAK at $1.8 billion or $40 per ...

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Four Points by Sheraton to Debut in Berlin

BERLIN—Starwood Hotels & Resorts Worldwide, Inc. announced plans to introduce its Four Points by Sheraton brand to Berlin in 2014. Owned by Proprietas s.r.o., Four Points by Sheraton Berlin Airport will be the first Four Points by Sheraton hotel in ...

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Cobblestone Continues Growth by Signing Three Hotels

NEENAH, Wis.—Cobblestone Hotels announced the signing of three new build hotels in one week. “This is an extremely exciting time for Cobblestone Hotels” says Brian Wogernese, president of Cobblestone Hotels, in an announcement. “There is not another brand that is ...

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Hyatt Announces Purchase of Downtown Minneapolis Hotel

CHICAGO—Hyatt Hotels Corporation announced that a Hyatt affiliate acquired a select service hotel in downtown Minneapolis and will rebrand the hotel as Hyatt Place Minneapolis Downtown following $20 million in capital improvements. The rebranding is scheduled for the summer of ...

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