“What Consolidation Means For Your Business”
John Fareed, Principal of John Fareed Hospitality Consulting LLC, moderated a panel at the 2016 Annual Hotel Data Conference. The program title was “What Consolidation Means For Your Business.” The panel discussed how mergers and acquisitions are changing the landscape of the hotel industry—including those between Marriott International and Starwood Hotels & Resorts Worldwide, AccorHotels and FRHI Holdings, and Destination Hotels and Commune Hotels & Resorts—and how they may affect distribution strategies, comp sets and day-to-day business planning. The event, held at The Omni Nashville Hotel, September 6-8, 2016, was hosted by STR and HotelNewsNow. Panelists included Pacrim Hospitality’s Glenn Squires, New Castle Hotels & Resorts’ Gerry Chase and Apple Hospitality REIT’s Liz Perkins. To view HNN’s coverage of the panel click here.