M&A Deal Summary

Hyatt Acquires Dream Hotel Group

On February 2, 2023, Hyatt acquired restaurant Dream Hotel Group

Acquisition Highlights
  • This is Hyatt’s 2nd transaction in the Restaurants sector.
  • This is Hyatt’s 8th transaction in the United States.
  • This is Hyatt’s 3rd transaction in New York.

M&A Deal Summary
Date 2023-02-02
Target Dream Hotel Group
Sector Restaurants
Buyer(s) Hyatt
Deal Type Add-on Acquisition

Target

Dream Hotel Group

New York, New York, United States
website
Dream Hotel Group is a hotel brand and management platform acquisition, bringing a vibrant portfolio of lifestyle hotel brands – including Dream Hotels, The Chatwal and Unscripted Hotels. Dream Hotel Group was founded in 1986 and is based in New York.

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Buyer(S) 1

Buyer

Hyatt

Chicago, Illinois, United States

website

Category Company
Founded 1957
Sector Leisure
Employees50,000
Revenue 5.9B USD (2022)
DESCRIPTION

Hyatt is a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, and other properties. Hyatt House hotels offer apartment-style suites with full kitchens, living areas, and more, including a 24-hour gym, and in-house laundry. Hyatt was founded in 1957 and is based in Chicago, Illinois.

DEAL STATS #
Overall 8 of 9
Sector (Restaurants) 2 of 2
Type (Add-on Acquisition) 7 of 8
State (New York) 3 of 3
Country (United States) 8 of 8
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-15 Apple Leisure Group

Newtown Square, Pennsylvania, United States

Apple Leisure Group is a vertically integrated travel and hospitality company focused on packaged travel and resort/brand management in Mexico and the Caribbean. Apple Leisure Group was founded in 1969 and is based in Newtown Square, Pennsylvania.

Buy $2.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-28 Mr & Mrs Smith

London, United Kingdom

Mr & Mrs Smith is an operator of a travel club for hotel lovers a boutique and luxury hotel booking service specialising in the world’s most seductive stays. Mr & Mrs Smith was founded in 2003 and is based in London, United Kingdom.

Buy -
Mergr

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