Activist Investor Urges Legoland Operator Merlin to Go Private


A rainbow appears in the sky near the London Eye, operated by Merlin Entertainments. An investor wants the company to go private. Bloomberg

Skift Take: It’s difficult to see ValueAct capital getting its way unless 30 percent shareholder and Danish billionaire Kjeld Kirk Kristiansen backs the plan. Needless to say Merlin’s board still believes it is on the right track.

— Patrick Whyte

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Hyatt Launches New Lifestyle Brand Division to Meet Growing Demand

Michael Nagle  / Bloomberg

Hyatt’s new lifestyle division includes Andaz, Alila, Joie de Vivre, Thompson Hotels, tommie, and Hyatt Centric (pictured above). Michael Nagle / Bloomberg

Skift Take: Hyatt is not the first and will not be the last hotel chain to launch a new lifestyle brand or division. You can take that to the bank. The sector’s popularity is only matched by that of the homesharing market.

— Danni Santana

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