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The Park Hotels is a chain of contemporary luxury five-star boutique hotels in India belonging to the Apeejay Surrendra Group, headquartered in Kolkata. [ 1 ] [ 2 ] [ 3 ] It comprises 30 hotels, including owned and leased, in 20 cities across four brands—The Park, The Park Collection, Zone by the Park and Zone Connect by the Park.
In 2018, Park Hotels sold 13 hotels that it considered "non-core" assets, including 10 of its 14 international properties, for a total of $519 million. [11] [12] [13] HNA Group, which had owned 25 percent of the company, sold all its shares in March 2018 in a stock buyback and a secondary offering for a total of $1.4 billion. [14] [15] [16] In ...
Park Hotel Group manages, owns and develops hotels in the Asia-Pacific region. Park Hotel Group was founded in 1961 and is based in Singapore. [1] The chairman is the Hong Kong billionaire Law Kar Po, [2] and the chief executive officer (CEO) is his son Allen Law. Park Hotel Group manages 16 hotels in eleven cities and eight countries in the ...
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Park Plaza International Hotels, Inns and Resorts was founded as a hotel management company and brand in 1986, [1] by Jonathan R. Read. [2] In 1994, Park Plaza International licensed the Park Plaza brand to "Park Plaza Hotels Limited" with rights to operate in Belgium, The Netherlands, Luxembourg, the United Kingdom and Israel.
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Hotels.com was established in 1991 by David Litman and Robert Diener as the Hotel Reservations Network (HRN), providing hotel booking via a toll-free phone number in the United States. [2] In 2001, the company was acquired by USA Networks Inc (USAI) which also acquired a controlling interest in Expedia, an online travel booking company.
It was floated on the Alternative Investment Market in 2007 [3] and it signed a contract to open 20 hotels in Russia in 2008. [ 4 ] In 2010, it opened a c.1,000-bedroom Park Plaza Hotel at Westminster Bridge in London [ 5 ] and, in 2013, it opened a 107-bedroom art’otel branded hotel in Amsterdam . [ 6 ]