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Candlewood competes with other value-priced, extended-stay hotels such as TownePlace Suites and Mainstay Suites. [2] In 2024, IHG announced the entry of the Candlewood Suites brand into the German market as part of a vast franchise and cooperation agreement with German hotel operator Novum Hospitality which in turn will rebrand their current ...
In 2004, IHG acquired the Candlewood Suites brand, a midscale extended stay hotel brand with 108 franchised properties in the United States, for $15 million. [21] [22] IHG divested its soft drink holdings in 2005, selling its 48 percent stake in Britvic for £371 million through an initial public offering. [23] [24]
In 2011, 11 additional posts were added under IHG Army Hotels purview as part of the PAL program; [7] with the addition of 18 posts in 2013. [8] As of 2014, IHG Army Hotels operate upgraded and renovated military lodgings, Holiday Inn Express, Staybridge Suites, and Candlewood Suites on 41 Army posts.
Home2 Suites by Hilton is an American all-suite extended-stay hotel featuring contemporary accommodations and customizable guest room design. It competes with TownePlace Suites by Marriott and InterContinental Hotels Group's Candlewood Suites. The Memphis, TN originated hotel brand targets both business and leisure travelers. [4]
Marriot International, the largest hotel chain in the world by far. This is the list of chain-branded hotels around the world. This is a listing of some of the major hotel brands worldwide.
At the time of the merger, Extended Stay America operated 475 hotels; Blackstone increased that number with the addition of 132 from Homestead Studio Suites. [9] [10] Homestead, which was founded by Security Capital in 1992, had been acquired by Blackstone in November 2001 for US$740 million. All of Blackstone's extended-stay hotels consisting ...
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