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A hotel consolidator (also called a hotel broker) is a travel company (travel agency or tour operator) or business that buys up blocks of hotel rooms at a predetermined destination and then resells them as package holidays [1] or at discounted rates to final customers.
In 1993, HFS purchased the Super 8 brand, franchised to 1,000 motels, for $125 million, [7] [8] and bought the 61-hotel Park Inn brand. [9] The company made a brief foray into the casino industry, but then spun off that business in November 1994 as National Gaming. [10] In 1995, HFS launched a new hotel brand, Wingate Inn. [11]
Mark Samuel Hoplamazian [1] (born November 27, 1963) is an Armenian American businessman, who has been the president and CEO of Hyatt Hotels Corporation since December 2006. [2] Through marriage he is a member of the Kohler family .
In April 2001, Six Continents bought the UK-based Posthouse Hotels business from Compass Group for £810 million, and during the following year re-branded the 79 hotels to Holiday Inn. [ 2 ] In 2003 it de-merged into a pubs business, Mitchells & Butlers , and the remaining hotels and soft drinks business of Britvic , were renamed as ...
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Host Hotels & Resorts, Inc. is an American real estate investment trust that invests in hotels. As of December 31, 2023, the company owned 77 upscale hotels containing approximately 42,000 rooms in the United States , Brazil , and Canada . [ 1 ]
Vantage Hospitality Group was founded in 1999 and had over 1,000 properties around the U.S. and Canada by 2016. [1] By 2016, Vantage Hospitality operated 10 brands, including Best Value Inn and Value Inn Worldwide. [1] America's Best Value Inn received a Hotel Vikas diamond award in 2010 in the Best Hotel Franchisor category. [2]
The Hotel Collection (formerly Puma Hotels Collection until 2013, Barceló Hotels until 2012 [1] and the Paramount Group of Hotels before that) was a group of 4-star mid-market hotels operating in the United Kingdom. The group also included 18 health and leisure clubs.