Taj Hotels to Purchase Ritz-Carlton, Boston

Indian hotelier Taj Hotels Resorts and Palaces has signed a definitive purchase agreement to acquire the Ritz-Carlton, Boston, which it will rename the Taj Boston. Taj is buying the property for $170 million from its current owner Millennium Partners, the company announced Thursday. New York-based Galileo Global Advisors is advising Taj Hotels on the transaction, the second time the company has advised the hotelier on an acquisition.

Read more on:

Suggested Articles:

The outdoor experience at Virgin Hotels Las Vegas combines a resort pool, dayclub, The Promenade and Event Lawn. See more here.

Peru is beginning its tourism reactivation on November 1, including the opening of Machu Picchu and the resumptions of flights from the U.S.

Tourism commissioner Joseph Boschulte attributes much of the success in attracting visitors to the existence of the Travel Screening Portal.