M&A Deal Summary

Best Western Hotels & Resorts Acquires World Hotels AG

On February 18, 2019, Best Western Hotels & Resorts acquired leisure company World Hotels AG from ALHI

Acquisition Highlights
  • This is Best Western Hotels & Resorts’ 1st transaction in the Leisure sector.
  • This is Best Western Hotels & Resorts’ 1st transaction in Germany.

M&A Deal Summary

Date 2019-02-18
Target World Hotels AG
Sector Leisure
Buyer(s) Best Western Hotels & Resorts
Sellers(s) ALHI
Deal Type Divestiture

Target

World Hotels AG

Frankfurt am Main, Germany
World Hotels AG is an owns and operator of an independent upper-upscale and luxury-level hotels and resorts and independent hotel brands around the world. World Hotels was founded in 1970 and is based in Frankfurt am Main, Germany.

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Buyer(S) 1

Buyer

Best Western Hotels & Resorts

Phoenix, Arizona, United States

Category Company
Founded 1946
Sector Restaurants
DESCRIPTION

Best Western International, Inc. is a privately held hotel brand with a global network of over 4,200 hotels in nearly 100 countries and territories worldwide*. Best Western offers 13 hotel brands to suit the needs of developers and guests in every market: Best Western®, Best Western Plus®, Best Western Premier®, V?b®, GL?®, Executive Residency by Best Western®, Sadie HotelSM, Aiden HotelSM, BW Premier Collection® by Best Western, and BW Signature Collection® by Best Western, as well as its recently launched franchise offerings: SureStay® Hotel by Best Western, SureStay Plus® Hotel by Best Western and SureStay Collection® by Best Western**.


DEAL STATS #
Overall 1 of 1
Sector: Leisure M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

ALHI

Dalllas, Texas, United States

Category Company
Founded 1986
Sector Leisure
DESCRIPTION

ALHI is an operator of a hotel that works with meeting professionals, association managers, incentive/recognition specialists, and business executives across North America and around the world to create effective solutions for tens of thousands of programs and events. ALHI was founded in 1986 and is based in Dallas, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Leisure M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-07 World Hotels AG

Frankfurt am Main, Germany

World Hotels AG is an owns and operator of an independent upper-upscale and luxury-level hotels and resorts and independent hotel brands around the world. World Hotels was founded in 1970 and is based in Frankfurt am Main, Germany.

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