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Kasa enters into a strategic combination with Mint House [Yahoo! Finance]
Last marriott international - class a earnings: 2/26 04:30 pm
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Apart-hotel company Kasa has entered into a strategic combination with residential hospitality provider Mint House, through which Kasa will integrate its portfolio of nearly 1,000 units nationwide, according to a Wednesday announcement. The combination — representing a cashless, all-equity combination, Kasa CEO Roman Pedan told Hotel Dive — will expand Kasa's footprint in “multiple high-growth, premier markets,” including Washington, D.C.; Dallas; Nashville; and St. Petersburg and Tampa, Florida, according to a release. The deal comes as hospitality brands increasingly turn to consolidation to grow scale in the apartment-style accommodations sector. The combination “is proof that the alternative accommodations sector is maturing,” Pedan told Hotel Dive. “As the category evolves, owners are prioritizing disciplined operators with the infrastructure and processes to perform consistently across market cycles.” The move follows other recent brand tie-ups in the apartment-style ac
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- Marriott International (NASDAQ:MAR) had its price target raised by analysts at Morgan Stanley from $296.00 to $328.00. They now have an "overweight" rating on the stock.[MarketBeat]
- Marriott International (NASDAQ:MAR) had its price target raised by analysts at Barclays PLC from $276.00 to $320.00. They now have an "equal weight" rating on the stock.[MarketBeat]
- Marriott International (NASDAQ:MAR) had its price target raised by analysts at Citigroup Inc. from $285.00 to $345.00. They now have a "neutral" rating on the stock.[MarketBeat]
- Luxury Group, Marriott International Named Official Hotel Partner of the United States SailGP Team [Yahoo! Finance Canada][Yahoo! Finance Canada]
- THE RITZ-CARLTON, AMELIA ISLAND INTRODUCES NEW SIGNATURE EXPERIENCES[PR Newswire]
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SEC Filings
- 1/9/26 - Form 8-K
- 1/5/26 - Form 4
- 1/5/26 - Form 4
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