M&A Deal Summary

Travel + Leisure Acquires Fën Hotels S.A

On December 1, 2016, Travel + Leisure acquired leisure company Fën Hotels S.A

Acquisition Highlights
  • This is Travel + Leisure’s 11th transaction in the Leisure sector.
  • This is Travel + Leisure’s 1st transaction in Uruguay.

M&A Deal Summary

Date 2016-12-01
Target Fën Hotels S.A
Sector Leisure
Buyer(s) Travel + Leisure
Deal Type Add-on Acquisition

Target

Fën Hotels S.A

Montevideo, Uruguay
Fën Hotels S.A owns, operates, franchises a chain of hotels that offers hospitality services.

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Buyer(S) 1

Buyer

Travel + Leisure

Orlando, Florida, United States

Category Company
Founded 1990
Sector Leisure
Employees19,000
Revenue 3.9B USD (2024)
DESCRIPTION
Wyndham's corporate headquarters in Orlando, Florida.
Wyndham's corporate headquarters in Orlando, Florida.

Travel + Leisure is a hospitality company with operations across six continents. Wyndham offers individual consumers and business customers a broad array of hospitality products and services, as well as various accommodation alternatives and price, ranges through a portfolio of brands. Travel + Leisure was founded in 1990 and is based in Orlando, Florida.


DEAL STATS #
Overall 12 of 14
Sector: Leisure M&A 11 of 13
Type: Add-on Acquisition M&A Deals 12 of 13
Country: Uruguay M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-02 Vacation Palm Springs Real Estate

Palm Springs, California, United States

Vacation Palm Springs Real Estate, Inc. is a provider of vacation homes and condos for rent and sale. Vacation Palm Springs Real Estate, Inc. was established in 2001 and is headquartered in Palm Springs, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-18 La Quinta Holdings

Irving, Texas, United States

La Quinta Holdings Inc. is an owner and operator of hotels under the La Quinta brand. La Quinta was formed in 1968 and is based in Irving, Texas.

Buy $2.0B