Certares Affiliate Acquires Majority Interest in Hyatt Regency Greenwich from Trinity Investments

Certares and HRI Hospitality Acquire Two Hilton Hotels in Dana Point and San Antonio

May 19, 2022

Real Estate

Affiliates of Certares Real Estate Management LLC and HRI Hospitality, LLC acquired the DoubleTree Suites by Hilton Hotel Doheny Beach in Dana Point, California and the Hilton San Antonio Hill Country in San Antonio, Texas. Both properties will undergo comprehensive renovations — the Dana Point property will be rebranded within the Hilton family — as Certares and HRIH reposition the assets in their hospitality portfolio.

Trinity and Oaktree Acquire Hyatt Regency Indian Wells Resort & Spa

April 4, 2022

Restaurants & Hospitality

Funds managed by Trinity Real Estate Investments (Trinity) and Oaktree Capital Management acquired the 530-key Hyatt Regency Indian Wells Resort & Spa in Indian Wells, California. The joint venture plans a multi-million-dollar capital improvement program to reposition the resort while Hyatt continues to manage the property under a long-term management agreement.

Certares Makes Strategic Growth Investment in Avoya Travel

November 22, 2021

Restaurants & Hospitality

Funds managed by Certares Management LLC have closed a strategic growth investment in Avoya Travel, joining Jeff and Michael Anderson as co-owners. The minority investment (terms undisclosed) will support Avoya's technology and platform growth while Brad Anderson moves to an advisory role and Van Anderson retires.

Certares Makes Growth Investment in G Adventures

February 9, 2021

Restaurants & Hospitality

Certares has completed a growth-capital investment in small-group adventure tour operator G Adventures. Founder Bruce Poon Tip remains the controlling shareholder; the capital will be used to accelerate M&A activity, upgrade shared services platforms, and support company growth following the pandemic.

Certares and Knighthead Invest €300 Million in Avia Solutions Group

December 16, 2021

Aerospace & Defense

Avia Solutions Group has entered a strategic partnership with Certares Management LLC, with additional investment from Knighthead Capital Management, providing a €300 million investment. The capital will be used for strategic acquisitions, capital expenditures and general corporate purposes, and Certares will join the group's Board to support global expansion and capability growth.

Trinity Acquires 50% Stake in Omni San Diego Hotel

December 21, 2021

Real Estate

An investment fund managed by Trinity Fund Advisors LLC (on behalf of Trinity GP Fund I L.P.) acquired a 50% interest in the 511‑key Omni San Diego Hotel from JMI Realty. Omni Hotels & Resorts retains the remaining 50% and will continue to manage the property. Trinity and Omni plan a multimillion‑dollar capital improvement program to renovate guestrooms, reimagine food & beverage, and reposition the hotel to capture higher-rated transient and group demand in the growing San Diego market.