M&A Deal Summary

Davidson Hotels Acquires Hotel Viking

On May 9, 2017, Davidson Hotels acquired leisure company Hotel Viking

Acquisition Highlights
  • This is Davidson Hotels’ 1st transaction in the Leisure sector.
  • This is Davidson Hotels’ 1st transaction in the United States.
  • This is Davidson Hotels’ 1st transaction in Rhode Island.

M&A Deal Summary
Date 2017-05-09
Target Hotel Viking
Sector Leisure
Buyer(s) Davidson Hotels
Deal Type Add-on Acquisition

Target

Hotel Viking

Newport, Rhode Island, United States
Hotel Viking is a hospitality company, encompasses 208 guestrooms, two restaurants, a six-treatment room spa, approximately 15,000 square feet of meeting space, wedding chapel, and is located a short walk from Newport’s famous harbor, restaurants and bars, as well as the town’s beaches and mansions. Hotel Viking was founded in 1926 and is based in Newport, Rhode Island.

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Buyer(S) 1

Buyer

Davidson Hotels

Memphis, Tennessee, United States
Category Company
Sector Leisure
DESCRIPTION

Davidson Hotels operated full service hotels primarily located in the southeastern U.S.

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Rhode Island) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
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