Hospitality Design - April 2023 - 78
business sense mergers + acquisitions
By Kathryn Greene
Photography by Gaƫlle Le Boulicaut, Yoshihiro Makino,
Laura Metzler and courtesy of Dream, Radisson, and Viceroy
COME TOGETHER
A slew of recent mergers and acquisitions reshape the industry
As the hospitality industry continues to rebound from the challenges of the past several years, a wave of merger and acquisition
activity further underscores its recovery. According to Bruce Ford, senior vice president of Lodging Econometrics, " 2023 is the
beginning of the operating and real estate recovery. " From outright sales to strategic unions, a fl urry of activity promises to remake
the industry across all sectors.
April 2021
Marriott
Vacations
Worldwide
purchased
Welk Resorts
Oct 2021
Accor-Hoxton
merger completed
Jan 2022
TPG Hotel Group
purchased Marshall
Hotel Company
April 2022
Remington Hotel Group
acquired Chesapeake
Hotels
Aug 2022
Choice Hotels
acquired Radisson
July 2021
Outrigger
purchased
Manthai
Dec 2021
Aimbridge Hospitality
acquired Prism Hotels
and Resorts
April 2022
Benchmark acquired
Provenance Hotels
May 2022
Brookfield acquired
Watermark
SO/Paris
Accor, Europe's largest
hotel brand, merged
with the London-based
Ennismore, best known
for the Hoxton collection
of community-oriented
properties. The new
venture is owned one-third
by Ennismore CEO Sharan
Pasricha and two-thirds
by Accor, and folds in
the Hoxton, Gleneagles,
Delano, Mondrian,
Morgans Originals, SO/,
Hyde, Mama Shelter,
25hours, 21c Museum
Hotels, TRIBE, JO&JOE,
and Working From_ brands
under a single umbrella.
The Radisson Hotel Green Bay
In August 2022, Choice Hotels International, one of the largest
lodging franchisors in the world, completed its acquisition of
Radisson Hotels Americas. The deal, worth $675 million, added
67,000 keys and nine brands to the Maryland-based group,
expanding its market share in upper-midscale, upscale fullservice,
and upper-upscale segments.
078
April 2023 hospitalitydesign.com
http://www.hospitalitydesign.com
Hospitality Design - April 2023
Table of Contents for the Digital Edition of Hospitality Design - April 2023
contents
from the editor
people: hd summit
people: cityscene atlanta
sketchbook
interview: ariel levinsohn
hdac spotlight: roger smith
interview: on our radar
business sense: project breakdown: moxy lower east side
business sense: brand identity: thompson hotels
business sense: new brands
business sense: mergers + acquisitions
open table: interview: tao group hospitality
open table: interview: kwame onwuachi
open table: interview: authentic hospitality
open table: interview: omar tate + cybille st. aude-tate
open table: f+b roundup
hd expo preview
from the show director
hd expo products
places: las vegas
women in design awards
conference highlights
designer profile: alfredo paredes
icff preview
bath
fabric + vinyl
flooring
made in america
seating
technology
projects
bab al shams
alila kothaifaru maldives
marriott bethesda downtown at marriott hq
hyatt regency san francisco downtown soma
hotel miwo
hotel silena
hospitality design portfolio
ad index
back space: charlie hammond
Hospitality Design - April 2023 - Intro
Hospitality Design - April 2023 - Cover1
Hospitality Design - April 2023 - Cover2
Hospitality Design - April 2023 - 1
Hospitality Design - April 2023 - 2
Hospitality Design - April 2023 - 3
Hospitality Design - April 2023 - contents
Hospitality Design - April 2023 - 5
Hospitality Design - April 2023 - 6
Hospitality Design - April 2023 - 7
Hospitality Design - April 2023 - 8
Hospitality Design - April 2023 - 9
Hospitality Design - April 2023 - from the editor
Hospitality Design - April 2023 - 11
Hospitality Design - April 2023 - 12
Hospitality Design - April 2023 - 13
Hospitality Design - April 2023 - 14
Hospitality Design - April 2023 - 15
Hospitality Design - April 2023 - people: hd summit
Hospitality Design - April 2023 - 17
Hospitality Design - April 2023 - 18
Hospitality Design - April 2023 - 19
Hospitality Design - April 2023 - 20
Hospitality Design - April 2023 - 21
Hospitality Design - April 2023 - 22
Hospitality Design - April 2023 - 23
Hospitality Design - April 2023 - people: cityscene atlanta
Hospitality Design - April 2023 - 25
Hospitality Design - April 2023 - 26
Hospitality Design - April 2023 - 27
Hospitality Design - April 2023 - 28
Hospitality Design - April 2023 - sketchbook
Hospitality Design - April 2023 - 30
Hospitality Design - April 2023 - 31
Hospitality Design - April 2023 - 32
Hospitality Design - April 2023 - 33
Hospitality Design - April 2023 - 34
Hospitality Design - April 2023 - 35
Hospitality Design - April 2023 - 36
Hospitality Design - April 2023 - 37
Hospitality Design - April 2023 - 38
Hospitality Design - April 2023 - 39
Hospitality Design - April 2023 - 40
Hospitality Design - April 2023 - interview: ariel levinsohn
Hospitality Design - April 2023 - 42
Hospitality Design - April 2023 - 43
Hospitality Design - April 2023 - 44
Hospitality Design - April 2023 - 45
Hospitality Design - April 2023 - 46
Hospitality Design - April 2023 - hdac spotlight: roger smith
Hospitality Design - April 2023 - 48
Hospitality Design - April 2023 - interview: on our radar
Hospitality Design - April 2023 - 50
Hospitality Design - April 2023 - 51
Hospitality Design - April 2023 - 52
Hospitality Design - April 2023 - 53
Hospitality Design - April 2023 - 54
Hospitality Design - April 2023 - 55
Hospitality Design - April 2023 - 56
Hospitality Design - April 2023 - business sense: project breakdown: moxy lower east side
Hospitality Design - April 2023 - 58
Hospitality Design - April 2023 - 59
Hospitality Design - April 2023 - 60
Hospitality Design - April 2023 - 61
Hospitality Design - April 2023 - business sense: brand identity: thompson hotels
Hospitality Design - April 2023 - 63
Hospitality Design - April 2023 - 64
Hospitality Design - April 2023 - 65
Hospitality Design - April 2023 - 66
Hospitality Design - April 2023 - 67
Hospitality Design - April 2023 - 68
Hospitality Design - April 2023 - 69
Hospitality Design - April 2023 - 70
Hospitality Design - April 2023 - business sense: new brands
Hospitality Design - April 2023 - 72
Hospitality Design - April 2023 - 73
Hospitality Design - April 2023 - 74
Hospitality Design - April 2023 - 75
Hospitality Design - April 2023 - 76
Hospitality Design - April 2023 - 77
Hospitality Design - April 2023 - business sense: mergers + acquisitions
Hospitality Design - April 2023 - 79
Hospitality Design - April 2023 - 80
Hospitality Design - April 2023 - 81
Hospitality Design - April 2023 - 82
Hospitality Design - April 2023 - 83
Hospitality Design - April 2023 - 84
Hospitality Design - April 2023 - 85
Hospitality Design - April 2023 - 86
Hospitality Design - April 2023 - 87
Hospitality Design - April 2023 - open table: interview: tao group hospitality
Hospitality Design - April 2023 - 89
Hospitality Design - April 2023 - 90
Hospitality Design - April 2023 - 91
Hospitality Design - April 2023 - 92
Hospitality Design - April 2023 - 93
Hospitality Design - April 2023 - 94
Hospitality Design - April 2023 - open table: interview: kwame onwuachi
Hospitality Design - April 2023 - 96
Hospitality Design - April 2023 - 97
Hospitality Design - April 2023 - 98
Hospitality Design - April 2023 - open table: interview: authentic hospitality
Hospitality Design - April 2023 - 100
Hospitality Design - April 2023 - 101
Hospitality Design - April 2023 - 102
Hospitality Design - April 2023 - open table: interview: omar tate + cybille st. aude-tate
Hospitality Design - April 2023 - open table: f+b roundup
Hospitality Design - April 2023 - 105
Hospitality Design - April 2023 - 106
Hospitality Design - April 2023 - 107
Hospitality Design - April 2023 - 108
Hospitality Design - April 2023 - 109
Hospitality Design - April 2023 - 110
Hospitality Design - April 2023 - 111
Hospitality Design - April 2023 - 112
Hospitality Design - April 2023 - 113
Hospitality Design - April 2023 - 114
Hospitality Design - April 2023 - 115
Hospitality Design - April 2023 - 116
Hospitality Design - April 2023 - 117
Hospitality Design - April 2023 - 118
Hospitality Design - April 2023 - 119
Hospitality Design - April 2023 - 120
Hospitality Design - April 2023 - 121
Hospitality Design - April 2023 - 122
Hospitality Design - April 2023 - 123
Hospitality Design - April 2023 - 124
Hospitality Design - April 2023 - 125
Hospitality Design - April 2023 - 126
Hospitality Design - April 2023 - hd expo preview
Hospitality Design - April 2023 - from the show director
Hospitality Design - April 2023 - 129
Hospitality Design - April 2023 - hd expo products
Hospitality Design - April 2023 - 131
Hospitality Design - April 2023 - 132
Hospitality Design - April 2023 - 133
Hospitality Design - April 2023 - places: las vegas
Hospitality Design - April 2023 - 135
Hospitality Design - April 2023 - 136
Hospitality Design - April 2023 - 137
Hospitality Design - April 2023 - 138
Hospitality Design - April 2023 - 139
Hospitality Design - April 2023 - 140
Hospitality Design - April 2023 - 141
Hospitality Design - April 2023 - 142
Hospitality Design - April 2023 - women in design awards
Hospitality Design - April 2023 - 144
Hospitality Design - April 2023 - 145
Hospitality Design - April 2023 - 146
Hospitality Design - April 2023 - 147
Hospitality Design - April 2023 - 148
Hospitality Design - April 2023 - conference highlights
Hospitality Design - April 2023 - 150
Hospitality Design - April 2023 - 151
Hospitality Design - April 2023 - 152
Hospitality Design - April 2023 - 153
Hospitality Design - April 2023 - 154
Hospitality Design - April 2023 - 155
Hospitality Design - April 2023 - 156
Hospitality Design - April 2023 - designer profile: alfredo paredes
Hospitality Design - April 2023 - icff preview
Hospitality Design - April 2023 - 159
Hospitality Design - April 2023 - 160
Hospitality Design - April 2023 - bath
Hospitality Design - April 2023 - 162
Hospitality Design - April 2023 - 163
Hospitality Design - April 2023 - 164
Hospitality Design - April 2023 - fabric + vinyl
Hospitality Design - April 2023 - 166
Hospitality Design - April 2023 - 167
Hospitality Design - April 2023 - 168
Hospitality Design - April 2023 - flooring
Hospitality Design - April 2023 - 170
Hospitality Design - April 2023 - 171
Hospitality Design - April 2023 - 172
Hospitality Design - April 2023 - made in america
Hospitality Design - April 2023 - 174
Hospitality Design - April 2023 - seating
Hospitality Design - April 2023 - 176
Hospitality Design - April 2023 - 177
Hospitality Design - April 2023 - 178
Hospitality Design - April 2023 - technology
Hospitality Design - April 2023 - 180
Hospitality Design - April 2023 - projects
Hospitality Design - April 2023 - bab al shams
Hospitality Design - April 2023 - 183
Hospitality Design - April 2023 - 184
Hospitality Design - April 2023 - 185
Hospitality Design - April 2023 - 186
Hospitality Design - April 2023 - 187
Hospitality Design - April 2023 - alila kothaifaru maldives
Hospitality Design - April 2023 - 189
Hospitality Design - April 2023 - 190
Hospitality Design - April 2023 - 191
Hospitality Design - April 2023 - marriott bethesda downtown at marriott hq
Hospitality Design - April 2023 - 193
Hospitality Design - April 2023 - 194
Hospitality Design - April 2023 - 195
Hospitality Design - April 2023 - hyatt regency san francisco downtown soma
Hospitality Design - April 2023 - 197
Hospitality Design - April 2023 - 198
Hospitality Design - April 2023 - 199
Hospitality Design - April 2023 - hotel miwo
Hospitality Design - April 2023 - 201
Hospitality Design - April 2023 - 202
Hospitality Design - April 2023 - 203
Hospitality Design - April 2023 - hotel silena
Hospitality Design - April 2023 - 205
Hospitality Design - April 2023 - 206
Hospitality Design - April 2023 - 207
Hospitality Design - April 2023 - 208
Hospitality Design - April 2023 - 209
Hospitality Design - April 2023 - 210
Hospitality Design - April 2023 - hospitality design portfolio
Hospitality Design - April 2023 - 212
Hospitality Design - April 2023 - 213
Hospitality Design - April 2023 - 214
Hospitality Design - April 2023 - 215
Hospitality Design - April 2023 - 216
Hospitality Design - April 2023 - 217
Hospitality Design - April 2023 - 218
Hospitality Design - April 2023 - 219
Hospitality Design - April 2023 - 220
Hospitality Design - April 2023 - 221
Hospitality Design - April 2023 - ad index
Hospitality Design - April 2023 - 223
Hospitality Design - April 2023 - back space: charlie hammond
Hospitality Design - April 2023 - Cover3
Hospitality Design - April 2023 - Cover4
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