For the week of Dec. 13-17, Hotel News Now's most-viewed content included Aimbridge Hospitality's acquisition of Prism Hotels & Resorts, a deal between MGM Resorts International and Hard Rock, and more.
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Aimbridge Hospitality executives' interest in hotel receiverships set in motion a deal to acquire third-party hotel operator Prism Hotels & Resorts.
As MGM Resorts International hinted to earlier in the year, it has announced a deal to sell the operations of its Mirage asset in Las Vegas to Hard Rock International, which has agreed to a long-term lease deal and plans to redevelop the property.
The moves Accor has made during the pandemic to grow its global portfolio and further organize its lifestyle brand offerings has readied the Paris-based hotel company for accelerated expansion.