General World News

Minor Hotel Group completes €300m Tivoli acquisition

Minor Hotel Group has completed the final stage of its acquisition of Tivoli Hotels & Resorts, a well-known Portugal-based brand with 14 properties across Portugal and Brazil. The acquisition of Tivoli Hotels & Resorts, which totals €294.2 million, not only marks MHG’s strategic entry into Europe and Latin America, but also provides the group with a strong operating platform to drive further growth in those markets. read more >>>

Source : BreakingTravelNews.Com