Add-on Acquisition • Restaurants

Travel + Leisure Acquires Sol Melia SA

On June 7, 2010, Travel + Leisure acquired restaurant Sol Melia SA

Acquisition Context
  • This is Travel + Leisure’s 1st transaction in the Restaurants sector.
  • This is Travel + Leisure’s 1st transaction in Spain.

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M&A Deal Summary

Date June 7, 2010
Target Sol Melia SA
Sector Restaurants
Buyer(s) Travel + Leisure
Deal Type Add-on Acquisition

Target Company

Sol Melia SA

Palma, Spain
Sol Melia SA (Tryp Hotel Brand) is an owns and operator of restaurants in Spain.
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Buyer Overview 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 Context for Buyer #
Overall 2 of 14
Sector: Restaurants 1 of 1
Type: Add-on Acquisition 2 of 13
Country: Spain 1 of 1
Year: 2010 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-22 Hoseasons Group

Suffolk, United Kingdom

Hoseasons Group Ltd. is an independent self-catering holiday agency in the UK, offering country cottages, holiday lodges and parks, and boating holidays throughout the UK and Ireland. It also offers a growing range of self-catering products to customers wishing to take holidays in Europe.

Buy £51M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-30 ResortQuest International

Fort Walton, Florida, United States

ResortQuest International, Inc. is a provider of full-service vacation condominiums and home rentals in the U.S. Headquartered in Fort Walton Beach, Florida.

Buy $56M

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