Analyst: More consolidations likely to come in hotel space

07/18/2014 | HotelNewsNow.com

Vantage Hospitality's deal to acquire six core brands and 225 hotels under America's Best Franchising is an indication that the robust financing environment is encouraging more lodging companies to seek consolidation deals, analyst Ryan Meliker said. Other major brand deals in 2014 include Marriott International's purchase of Protea Hospitality Group in South Africa, Norway-based Rica Hotels' acquisition by Swedish Scandic Hotels and Starwood Capital Group's acquisition of Four Pillars Hotels in the U.K.

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