Aaaaaaaaand the consolidation continues!First we saw it with the airlines,where the "big six" US carriers became the "big three." And now we're slowly seeing it with hotels. Marriott recently announced that they're acquiring Starwood, which I consider to be pretty devastating, and given how much I love Starwood Preferred Guest. SPG members own lots of questions which we likely won't accept an answer to for a while. Late final year IHG announced that they were taking over Kimpton.
Well,here's the next hotel acquisition. Accor has announced that they're acquiring Fairmont, Raffles and Swissôtel.
Here are the major points regarding the takeover:The post Breaking: Accor Acquires Fairmont, or Raffles,And Swissôtel appeared first on One Mile at a Time.
Source: boardingarea.com