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Soon after, in May 1996, Granada announced its intention to sell the 18 luxury hotels of the Forte Hotels chain, but to retain the 85 hotels in the Meridien Hotels chain. [8] The 2000 merger of Forte and caterer Compass Group , and demerger within a year, passed the Forte Hotels division's three remaining brands (Le Méridien, Heritage Hotels ...
The top tier of hotels were discreetly branded Exclusive Hotels by Forte, and included some of the world's most venerable 5 star hotels, for example, the Hôtel George-V, Plaza Athénée and Hotel de la Tremoille in Paris; Brown's Hotel, Grosvenor House and the Hyde Park Hotel in London; the Ritz in Madrid; the Westbury and Plaza Athénée in ...
The first hotel purchased by the newly formed company in 1997 was a former Forte Group hotel, The Balmoral Hotel in Edinburgh, which had been put up for sale by new owners Granada plc. In 2001, following the de-merger of Compass Group from Granada's media interests, the use of the Forte trademark was returned to Sir Rocco Forte in a gesture ...
Marriot International, the largest hotel chain in the world by far. This is the list of chain-branded hotels around the world. This is a listing of some of the major hotel brands worldwide. [1] [2] The hotel groups may directly own the hotels, or operate them through a franchise or management agreement. [3]
Ultimately, Granada succeeded with a £3.87 billion tender offer in August 1995 that left the family with around £350 million in cash. In 2001, following the de-merger of Compass Group from Granada's media interests, the use of the Forte trademark was returned to Forte in a gesture intended to dispel the bitter legacy of the takeover.
The company was established in 1928 by a group of European hoteliers. [4] With 38 initial members, among them Hotel Negresco in Nice, the Mena House in Cairo, the Montreux Palace in Montreux and King David Hotel in Jerusalem, the organization was initially known as "The Luxury Hotels of Europe and Egypt". [5]
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