On April 28th, Hyatt Hotels Corporation, headquartered in Chicago, announced the acquisition of 100% of the shares of UK boutique hotel booking website Travel Club Mr and Mrs Smith for £53 million. The deal is expected to be completed in the second quarter.
Founded in 2003 by James Lohan and Tamara Lohan, Mr & Mrs Smith started as a travel guide company and has gradually evolved into a platform that allows users to book boutique hotels, villas, and other accommodations from over 1,500 destinations worldwide. The platform currently has over one million members, and registration is …
