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The company holds more than 500 patents and produces 1,000 products. [4] As of May 2013, Zhijun Yang is the managing director. [3] The company employs approximately 101,000 employees as of 2019, [1] and is 30% employee-owned. [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. [1] [2] The hotel groups may directly own the hotels, or operate them through a franchise or management agreement. [3]
On December 29, 2005, Hilton Hotels Corporation agreed to re-acquire the Hilton International chain from its British owner, Hilton Group plc, for £3.3 billion ($5.71 billion). As well as bringing the two Hilton companies back together as a single entity, this deal also included Hilton plc properties operating as Conrad Hotels, Scandic Hotels ...
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations. [2] [3] The company was formed on June 1, 2018, as a spin-off from Wyndham Worldwide, which is now known as Travel + Leisure. [4]
Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion. [9] [10] It was the largest Chinese acquisition of an American company to date. [11] The acquisition of Smithfield's 146,000 acres of land made WH Group, headquartered in Luohe, Henan province, one of the largest overseas owners of American farmland. [b]
Hampton by Hilton, formerly (and still commonly called) Hampton Inn or Hampton Inn & Suites, is an American chain of hotels trademarked by Hilton Worldwide. [2] The Hampton hotel brand is a chain of moderately priced, budget to midscale limited service hotels with limited food and beverage facilities.
Travelodge has been running in the UK since the first hotel opened at Burton Upon Trent in 1985. The company has been through several changes of ownership and reached £1bn in debts by 2008. The chain is currently being financed by Goldman Sachs and the hedge fund groups GoldenTree Asset Management and Avenue Capital Group. [13]
In 1995, Marriott was the first hotel company to offer online reservations. [23] In April 1995, Marriott acquired a 49% interest in The Ritz-Carlton Hotel Company. [24] Marriott believed that it could increase sales and profit margins for The Ritz-Carlton, a troubled chain with many properties either losing money or barely breaking even.