Marriott International
Marriott International is a leading hospitality company with over 3,900 properties and approximately 1.7 million rooms across nearly 30 brands. Established in 1957, the company operates a diverse portfolio that includes well-known brands such as Marriott, Courtyard, and Sheraton, as well as newer lifestyle brands like Autograph, Tribute, Moxy, Aloft, and Element. As of the end of 2023, the company’s room distribution includes 10% luxury, 42% premium, 46% select service, and smaller percentages in midscale and other categories. Managed and franchised properties account for 97% of its total rooms, with North America representing 63% of the overall inventory. The majority of Marriott's revenue and profitability is derived from managed, franchise, and incentive fees, while the company also offers vacation packages that include luxury and all-inclusive options.
Past deals in Barbados
Elegant Hotels Group
Acquisition in 2019
Elegant Hotels Group is a hospitality company based in St. James, Barbados, specializing in the ownership and operation of luxury hotels and restaurants. The company manages a portfolio of seven hotels, including Colony Club, Treasure Beach, Tamarind, The House, Crystal Cove, Turtle Beach, and Waves, offering a total of 588 rooms. In addition to its hotel operations, Elegant Hotels Group operates a renowned restaurant called Daphne's. The company also oversees Hodges Bay Resort, a beachfront property located in Antigua. Established in 1998, Elegant Hotels Group focuses on delivering high-quality accommodations and services to enhance the experience of its guests in the Caribbean.
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