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Choice Hotels International is the parent company of a number of hotel brands split among various market segments, in addition to a vacation rentals brand. As of the third quarter 2023, Choice Hotels franchised nearly 7,500 hotels, representing nearly 630,000 rooms, in 46 countries and territories. [5] [63] [79] [80]
Hyatt has expanded its footprint through a number of acquisitions, including the acquisition of AmeriSuites (later rebranded Hyatt Place) in 2004, Summerfield Suites (later rebranded Hyatt House) in 2005, Two Roads Hospitality in 2018, Apple Leisure Group in 2021, Dream Hotel Group in 2023 and Standard International in 2024.
In 2016, Hilton was named one of the "World's 25 Best Multinational Workplaces" by Fortune and Great Place to Work. [89] [90] [91] In 2017, Fortune ranked Hilton number 26 in their list of "The 100 Best Companies to Work For". [92] [93] In 2019, Fortune ranked Hilton number 1 in their list of "The 100 Best Companies to Work For". [94]
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Vi Senior Living, formerly known as Classic Residence by Hyatt, was founded in 1987 by Penny Pritzker. [3] [4] The Pritzker family background in founding the Hyatt hotel chain and Marmon Group inspired Penny Pritzker's vision to bring high-end hospitality to senior living communities across the United States.
In 2010, a majority stake of Joie de Vivre was purchased by Geolo Capital, the private equity firm founded by Hyatt Hotels heir John Pritzker.A $150 million fund to acquire additional hotels was established as part of the deal, with plans to acquire $300 million to $500 million in hotels over a three-to-five-year period. [3]
Fairmont Hotels & Resorts is a global chain of luxury hotel that operates more than 70 properties worldwide, with a strong presence in Canada. [1]The company originated from two hotel businesses established in the late 19th century, the Canadian Pacific Limited-owned Canadian Pacific Hotels & Resorts, and Fairmont Hotels.
In August 2021, Hyatt Hotels Corporation announced that it is buying Apple Leisure Group for $2.7 billion in cash. [6] The acquisition was completed on November 2, 2021. [ 7 ]
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