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Hotels, Lodging, Restaurants & Travel M&A image Hotels, Lodging, Restaurants & Travel M&A » By The Online Investor Staff, updated Wed., Apr. 24, 10:09 PM Recent mergers and acquisitions in the Hotels, Lodging, Restaurants & Travel M&A category.

Slide #55. Marriott International, Inc. Gaylord Entertainment Company, now Ryman Hospitality Properties, Inc.

Acquirer: Marriott International, Inc. (MAR)
Acquiree: Gaylord Entertainment Company, now Ryman Hospitality Properties, Inc. (RHP)
Details: Marriott International, Inc. said that it has completed the transaction announced on May 31 with Gaylord Entertainment Company, now Ryman Hospitality Properties, Inc. (NYSE: RHP), to acquire the Gaylord brand and hotel management company for $210 million.

Marriott International is an operator, franchisor, and licensor of hotel, residential, and timeshare properties under various brand names at different price and service points. Co. has two operating segments: U.S and Canada and International. Co.'s Luxury hotel brands include JW Marriott, The Ritz-Carlton, and St. Regis. Co.'s Premium hotel brands include Marriott Hotels, Sheraton, Delta Hotels, Marriott Executive Apartments, and Marriott Vacation Club. Co.'s Select hotel brands include Courtyard, Residence Inn, Fairfield, SpringHill Suites, Four Points, TownePlace Suites, Protea Hotels, Aloft Hotels, AC Hotels by Marriott, Element Hotels, and Moxy Hotels.

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Marriott International is an operator, franchisor, and licensor of hotel, residential, and timeshare properties under various brand names at different price and service points. Co. has two operating segments: U.S and Canada and International. Co.'s Luxury hotel brands include JW Marriott, The Ritz-Carlton, and St. Regis. Co.'s Premium hotel brands include Marriott Hotels, Sheraton, Delta Hotels, Marriott Executive Apartments, and Marriott Vacation Club. Co.'s Select hotel brands include Courtyard, Residence Inn, Fairfield, SpringHill Suites, Four Points, TownePlace Suites, Protea Hotels, Aloft Hotels, AC Hotels by Marriott, Element Hotels, and Moxy Hotels.

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Company Name:  Marriott International, Inc.
Stock buyback:  MAR buyback
Website:  www.marriott.com
Sector:  Hotels, Lodging, Restaurants & Travel
Number of ETFs Holding MAR:  100
Total Market Value Held by ETFs:  $8.47B
Total Market Capitalization:  $68.73B
% of Market Cap. Held by ETFs:  12.33%
Company Name:  Ryman Hospitality Properties Inc
Stock buyback:  RHP buyback
Website:  www.rymanhp.com
Sector:  REITs
Number of ETFs Holding RHP:  45
Total Market Value Held by ETFs:  $1.10B
Total Market Capitalization:  $6.36B
% of Market Cap. Held by ETFs:  17.26%
 

April 24, 2024    10:09 PM Eastern
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