Media › Tech Giant Prosus to Purchase Latin America's Top Online Travel Agency, Despegar for $1.7bn
 
 

Tech Giant Prosus to Purchase Latin America's Top Online Travel Agency, Despegar for $1.7bn

2024-12-23 17:12:13| Hotel Resource

Global technology company Prosus is set to acquire Despegar, the leading online travel agency in Latin America, for $1.7 billion. The acquisition will be at $19.50 per share, marking a 33% premium on the share price as of December 20, 2024.


Category: Hospitality

 

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October 2024: European Hotel Market Trends Show Stability and Growth Amid Challenges

2024-12-23 17:07:37| Hotel Resource

The European hotel market experienced moderate growth with overall stability in October 2024, particularly in Southern Europe and major cities. 


Category: Hospitality

 

Bab Samhan, A Luxury Collection Hotel, Opens in Riyadh's Historic Diriyah District

2024-12-23 16:55:22| Hotel Resource

The first of its kind in Diriyah, the hotel blends seamlessly with the region's traditional mudbrick architecture. It features open courtyards and spaces for guests to gather, offering a mix of ancient and modern design elements inspired by the local environment.


Category: Hospitality

 

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