Announced
Financials
Tags
Majority
Single Bidder
Friendly
Hotels and Motels
Private
Cross Border
Pending
Mexico
hotel operation
Acquisition
Synopsis
Aimbridge Hospitality, a multinational hospitality company, agreed to acquire Grupo Hotelero Prisma, the largest third-party operator in the Mexico market. Financial terms were not disclosed. "We are honored to bring in the portfolio of Grupo Hotelero Prisma and its incredibly talented team of like-minded and energetic professionals. The continued expansion of Aimbridge and its alliances with the world's top hospitality brands has been a priority for us since the early days. This new relationship sets us on a path for a successful expansion in a previously untapped market," Dave Johnson, Aimbridge Hospitality Executive Chairman.
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