Raines Acquires Hp Hotels To Accelerate Strategic Growth And Expand Property Management Capabilities
Acquiring Company
Raines
Acquired Company
HP Hotels
Description
Raines, a fully integrated hotel development, management, and investment company, has acquired HP Hotels, a full-service, third-party hotel management company, resulting in operational expansion throughout the southeast and southwestern United States. The financial terms of the transaction are not being publicly disclosed.
Other recent acquisitions in Real Estate and Hospitality
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Highgate And Flynn Properties Acquire The Huntington Hotel (March 20, 2023)
- Society Pass Inc. (Nasdaq: Sopa)’S Travel Platform, Nusatrip, Acquires Vietnam’S Vleisure, Marks Its First Acquisition Outside Of Indonesia (April 13, 2023)
- Giri Hotels Acquires Anchorage By The Sea In Ogunquit, Maine (April 25, 2023)
- Noble Acquires The Hampton Inn & Suites Charlottesville | At The University (April 25, 2023)
- Accesso® Acquires Ski Technology Provider Paradocs (April 24, 2023)
- Target Hospitality Announces Acquisition Of Strategic Humanitarian Assets (April 17, 2023)
Who to call at Raines, and when
When Raines changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Raines raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Raines, from your own LinkedIn network
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Frequently asked
Who acquired HP Hotels?
HP Hotels was acquired by Raines. The deal was reported on March 14, 2023. Raines is one of the leading hospitality management, development, and investment organizations offering a comprehensive approach to its impressive property portfolio and client base. Raines is privately held and operates in Real Estate.
When did Raines acquire HP Hotels?
Raines's acquisition of HP Hotels was reported on March 14, 2023. Raines, a fully integrated hotel development, management, and investment company, has acquired HP Hotels, a full-service, third-party hotel management company, resulting in operational expansion throughout the southeast and southwestern United States. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does HP Hotels do?
With an extraordinary range of services and decades of experience, HP brings a flexible and solutions-based approach to hospitality management. It is privately held.
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