M&A Deal Summary

Remington Hotels Acquires Chesapeake Hospitality

On April 18, 2022, Remington Hotels acquired leisure company Chesapeake Hospitality for 16M USD

Acquisition Highlights
  • This is Remington Hotels’ 1st transaction in the Leisure sector.
  • This is Remington Hotels’ largest (disclosed) transaction.
  • This is Remington Hotels’ 1st transaction in the United States.
  • This is Remington Hotels’ 1st transaction in Maryland.

M&A Deal Summary
Date 2022-04-18
Target Chesapeake Hospitality
Sector Leisure
Buyer(s) Remington Hotels
Deal Type Add-on Acquisition
Deal Value 16M USD

Target

Chesapeake Hospitality

Greenbelt, Maryland, United States
Chesapeake Hospitality is an operator of a hotel management company. Chesapeake Hospitality is based in Greenbelt, Maryland.

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Buyer(S) 1

Buyer

Remington Hotels

Dallas, Texas, United States
Category Company
Founded 1968
Sector Leisure
DESCRIPTION

Remington Hotels is an operator of a dynamic, growing, independent hotel management company. Remington Hotels was founded in 1968 and is based in Dallas, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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