Out of 60 sectors in the Mergr database, restaurants ranked 38 in number of deals in 2013. The largest restaurants acquisition in 2013 was Hyatt Place Waikiki Beach - which was acquired by Host Hotels & Resorts for $139M.
Join Mergr to view all 47 acquisitions of restaurants companies in 2013, including 15 acquisitions by private equity firms, and 32 by strategics.
175 Paoakalani Avenue,
Honolulu,, Hawaii 96815
The hotel is located just 1.5 blocks from Waikiki Beach and is also in close proximity to the Waikiki Aquarium, the Honolulu Zoo and the Kalakaua shopping/entertainment district. Waikiki is a high demand leisure market with occupancy at nearly 90%, an internationally diverse demand base, and high barriers to entry.
Hyatt Place Waikiki Beach was acquired by Host Hotels & Resorts on June 3, 2013.
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