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Carlyle acquired the business from Marriott Corp. which sold its In-Flite Services catering business to Marriott’s upper management. Carlyle took a 50% stake, committing $93.8 million. The business was renamed Caterair. The investment was funded primarily by a massive issuance of junk bond financing, as was the trend at that time.
Airline meal. An airline meal, airline food, or in-flight meal is a meal served to passengers on board a commercial airliner. These meals are prepared by specialist airline catering services and are normally served to passengers using an airline service trolley . These meals vary widely in quality and quantity across different airline companies ...
HMSHost is an American highway and airport food-service company, a wholly owned subsidiary of the Swiss company Dufry. As of 2014, Steve Johnson is the CEO of HMSHost.
Continuing with food services, Marriott eventually became involved with airline in-flight food service. This segment of their enterprise continues to be a large part of their business, providing food services to many major airlines.
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family.
Marriott International. Marriott International, Inc. is an American multinational company that operates, franchises, and licenses lodging brands that include hotel, residential, and timeshare properties. [1] [2] Marriott International owns over 30 hotel and timeshare brands with 8,785 locations and 1,597,380 rooms across its network. [3]
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