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M&A in Hospitality: Stick or Twist?
February 15, 2018
By Stéphane Haddad What's the outlook for mergers and acquisitions (M&A) activity in the hospitality sector in 2018? We saw deals peak a few years ago in 2015, not in the number of deals as such – they have continued to grow – but rather in the value of the transactions. Landmark deals involving the Marriott's acquisition of the Starwood group and Accor's purchase of Fairmont Hotels & Resorts helped push the value of deals that year to some 200.3 billion US dollars. Since that peak of activity in 2015, M&A activity has cooled somewhat, with two years at a more reasonable pace in the region of 70 billion do...
M&A’s Impact On The Hotel Talent Market
Chris Mumford | September 27, 2016
By Chris Mumford What challenges will we face as the sector consolidates? "I expect there are a lot of people out on the market at present?" I have been presented with this supposition on a large number of occasions this year, mostly by small to medium sized hotel groups who are hopeful that the consolidation currently underway in the sector equates to an abundance of laid off talent that they can snap up. The thinking goes that the M&A activity currently underway such as the Marriott/Starwood and Accor/FRHI deals will result in the exit of senior executives from these companies thereby giving rise to an influx of highly experienced...
