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White Paper

Mergers and acquisitions of international hotel companies

Published 15 May 2025 · English

Notable M&A deals in the hotel industry include Marriott International’s acquisition of Starwood Hotels & Resorts Worldwide, Accor’s acquisition of Mövenpick Hotels & Resorts and InterContinental Hotels Group’s (IHG) acquisition of Six Senses Hotels Resorts Spas.

Some hotel companies use M&A to expand into different market segments, acquire new brands aligned with emerging trends, or enter new geographical markets. Meanwhile, some companies pursue horizontal M&A to enhance their market power through operational and financial synergies.

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