Top Hotel Stories for 2015
Consolidation was the word of the year for the hotel industry in 2015, and likely will be in 2016 as well. Accor’s acquisition of FRHI catapulted the French chain into the U.S. luxury market; Marriott International’s takeover of Starwood Hotels & Resorts made it the largest hotel chain in the world, with 30 brands spanning the globe. And in order to compete, other chains will have to follow suit. So here, for your review, are a few of our top hotel stories of 2015.
From losing relationships to working with Chinese companies, insiders share their take on a new Starwood.
Europe’s AccorHotels Acquires Fairmont Parent FRHI
French hotel giant finds a foothold in North America.
Chinese Bidders Reportedly Set Sights on IHG, After Missing Out on Starwood
Chinese bidders are believed to be eyeing an acquisition of InterContinental Hotels Group, the Telegraph has reported.
Marriott to Buy Starwood, Creating World’s Largest Hotel Chain
Marriott International Inc. announced it will buy Starwood Hotels & Resorts in a $12.2 billion deal.
Hyatt Joins the Bidding to Buy Starwood
Hyatt bids against two Chinese companies for Sheraton Parent.
