Herschend Completes Acquisition of Palace Entertainment’s U.S. Attractions

Destination Pet Acquires Pet Palace Pet Boarding Resort

June 21, 2023

Veterinary

Destination Pet has acquired Pet Palace Pet Boarding Resort, a luxury pet care operator with 11 locations across Ohio, Indiana, North Carolina and Pennsylvania and more than 500 employees. The acquisition expands Destination Pet’s national pet resort and clinic network, adds a luxury resort brand, and enables wider rollout of Destination Pet’s connected care model and Yourgi app; Pet Palace founder Brian Hudock will remain as a strategic advisor.

Penske Media Corporation Acquires The American Pavilion

January 6, 2022

Media & Entertainment

Penske Media Corporation (PMC) announced the acquisition of The American Pavilion, the long-running communications, hospitality and media center at the Cannes Film Festival. PMC plans to leverage its portfolio of brands to grow the Pavilion's Cannes presence, expand its student and emerging filmmaker programs, and extend the Pavilion's activities to additional festivals worldwide.

Hyatt Hotels Acquires Playa Hotels & Resorts N.V.

June 17, 2025

Food & Beverage

Hyatt Hotels Corporation completed its acquisition of Playa Hotels & Resorts N.V., an all-inclusive resort owner, operator and developer with properties in Mexico, the Dominican Republic and Jamaica. The transaction expands Hyatt’s Inclusive Collection by adding 15 all-inclusive resorts, including brands already represented in Hyatt’s system (Hyatt Ziva and Hyatt Zilara) as well as additional resort properties.

Penn National Gaming Acquires Operations of Hollywood Casino Perryville

July 1, 2021

Restaurants & Hospitality

Penn National Gaming completed the acquisition of the operations of Hollywood Casino Perryville from Gaming and Leisure Properties, Inc. for $31.1 million in cash and entered into a lease with GLPI for the facility real estate with annual rent of approximately $7.77 million. The deal, approved by the Maryland Lottery and Gaming Control Commission, expands Penn National's regional gaming footprint and omni-channel sports betting capabilities in Maryland.

Cedar Fair and Six Flags Complete Merger, Forming Six Flags Entertainment Corporation

July 1, 2024

Media & Entertainment

Cedar Fair, L.P. and Former Six Flags Entertainment Corporation completed a merger of equals effective July 1, 2024, and the combined company will operate under the name Six Flags Entertainment Corporation (NYSE: FUN). The transaction creates North America's largest regional amusement-park operator by combining complementary park portfolios, intellectual property and financial profiles to drive scale, operational efficiencies and accelerated park investments.

Lucky Strike Entertainment Acquires Two Water Parks and Three Family Entertainment Centers

July 31, 2025

Media & Entertainment

Lucky Strike Entertainment announced the acquisition of five location-based entertainment properties: Raging Waters Los Angeles (San Dimas, CA), Wet ’n Wild Emerald Pointe (Greensboro, NC), Castle Park (Riverside, CA), Boomers Vista (Vista, CA), and Boomers Palm Springs (Palm Springs, CA). The deal expands Lucky Strike’s national footprint in water parks and family entertainment centers, adding over 1.5 million annual visitors and creating additional scale and network effects across its portfolio.