MCLEAN, Va. – Hilton (NYSE: HLT) has announced the acquisition of the Graduate Hotels brand from Adventurous Journeys Capital Partners, positioning the global hospitality leader to expand its presence in the lifestyle hotel market. The $210 million deal will see Hilton taking over all rights to the Graduate brand, as well as entering into franchise agreements with the more than 35 existing and pipeline Graduate properties.
The transaction, slated to close in the second quarter of 2024, is…
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