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Argo Group to sell South Yarra hotel

2017-11-24 theage.com.au
Melbourne's buoyant accommodation sector has prompted local developer Argo Group to offer a 93-room hotel to the market.

Argo Group to sell South Yarra hotel

2017-11-24 smh.com.au
Melbourne's buoyant accommodation sector has prompted local developer Argo Group to offer a 93-room hotel to the market.

The Northbourne Avenue office building that's now the Mantra MacArthur Hotel

2017-10-20 smh.com.au
On a corridor where many of its neighbouring buildings are being torn down, a dated, former government office building has been turned into a four star hotel.

Coast firm ignites passion for travel

2017-10-19 perthnow.com.au
While the rise of internet booking sites sparked predictions of the demise of traditional travel agents, the Gold Coast-based Ignite Travel Group is moving in the other direction, expanding in to a business empire employing more than 150 staff.

Australia's competition watchdog to probe Accor buyout of Mantra

2017-10-18 thestar.com.my
Australia's competition regulator said on Wednesday it will review French hotelier Accor SA's $920 million buyout of Australian hotel operator Mantra Group Ltd.

Australia's competition watchdog to probe Accor buyout of Mantra

2017-10-18 reuters
SYDNEY (Reuters) - Australia’s competition regulator said on Wednesday it will review French hotelier Accor SA’s $920 million buyout of Australian hotel operator Mantra Group Ltd.

Hotel sector preparing for a shake-up

2017-10-13 theage.com.au
The Australian hotel sector is set for a major shake-up following news that Mantra Group has entered into an agreement with the Paris-based Accor in a deal valued at about $1.2 billion.

Hotel sector preparing for a shake-up

2017-10-13 smh.com.au
The Australian hotel sector is set for a major shake-up following news that Mantra Group has entered into an agreement with the Paris-based Accor in a deal valued at about $1.2 billion.

Aussie hotel giant Mantra agrees to Accor’s buyout

2017-10-13 thestar.com.my
SYDNEY: Australia’s No. 2 hotel company Mantra Group Ltd has agreed to a A$1.18bil (US$920mil) buyout from larger Accor SA, a deal which would join the country’s top two hotel groups at a time when tourism is rising sharply. (1-0)

Deals of the day-Mergers and acquisitions

2017-10-12 reuters
Oct 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Thursday:

Mantra agrees to Accor offer

2017-10-12 perthnow.com.au
MANTRA Group has agreed to be taken over by French hotel giant Accor in a $1.18 billion deal that reflects growing consolidation in the accommodation sector.

Mantra says 'oui' to French giant Accor's $1.2b bid

2017-10-12 theage.com.au
The Australian hotel sector will see a major shift in its landscape after the Mantra Group accepted an offer from French-based global giant operator Accor, valued at about $1.2 billion. (56-0)

Mantra says 'oui' to French giant Accor's $1.2b bid

2017-10-12 smh.com.au
The Australian hotel sector will see a major shift in its landscape after the Mantra Group accepted an offer from French-based global giant operator Accor, valued at about $1.2 billion. (56-0)

UPDATE 2-Australia hotel giant Mantra rolls out the carpet for Accor $920 mln bid

2017-10-12 reuters
SYDNEY (Reuters) - Australian No. 2 hotel company Mantra Group Ltd agreed on Thursday to a A$1.18 billion ($920 million) buyout from larger Accor SA, a deal which would join the country’s top two hotel groups at a time when tourism is rising sharply. (1-0)

UPDATE 1-Australia's Mantra Group accepts Accor's $920 mln bid

2017-10-12 reuters
* Merger needs foreign investment, competition approvals (Adds share movement, background, analyst comment and details about deal)