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Enterprise Hotel & Resort Operators sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Enterprise Hotel & Resort Operators

1.1 - About Enterprise Hotel & Resort Operators sector

Companies in the Enterprise Hotel & Resort Operators category develop, manage, and franchise global lodging and integrated resort portfolios. Strategic buyers deliver branded hospitality experiences, centralized reservations, and owner services that align property operations with consistent standards. By combining rooms, dining, meetings, entertainment, and destination amenities, they create scale advantages that drive occupancy, RevPAR, and ancillary revenue while improving guest satisfaction across business and leisure travel.

These operators structure brand franchising and management agreements, supplying standards, marketing support, and global distribution to owners. They run central reservation platforms and call centers, integrate with OTAs and GDS, and deploy revenue management engines to optimize pricing, inventory, and channel mix. They manage loyalty ecosystems, MICE venues, and full-service food and beverage operations. Integrated resort leaders add casino gaming, retail, spa, and live entertainment, while mountain brands operate lifts and season pass programs.

Primary customer segments include property owners and developers, corporate travel buyers, and leisure guests. Outcomes typically include higher occupancy and RevPAR through optimized pricing and global distribution, stronger loyalty and repeat visitation via rewards programs, and diversified ancillary revenue from events, dining, gaming, and retail. Owners gain operational efficiency, consistent brand quality, and access to centralized reservation, staffing, and procurement capabilities that scale across portfolios.

2. Buyers in the Enterprise Hotel & Resort Operators sector

2.1 Top strategic acquirers of Enterprise Hotel & Resort Operators companies

Marriott International Logo

Marriott International

HQ: United States Website
  • Description: Provider of global hospitality services, Marriott International operates, franchises and licenses a portfolio of hotel, resort, residential and timeshare brands, managing over 9,000 properties and 1.7 million rooms worldwide through managed, franchised and company-owned locations.
  • Key Products:
  • Lodging Brand Operations & Franchising: Operates, franchises and licenses 37+ hotel, resort, residential and timeshare brands, supplying owners with brand standards, marketing, and global distribution across 9,000 properties
  • Hotel Reservation Centers: Runs 20 dedicated reservation centers that handle worldwide booking inquiries, centralize inventory and provide multilingual customer support for all Marriott brands
  • Vacation Ownership & Timeshare: Offers branded timeshare products such as Marriott Vacation Club, giving customers deeded or points-based ownership in resort accommodations and access to an exchange network
  • Marriott Bonvoy Loyalty Program: Unified rewards platform enabling guests to earn/redeem points across Marriott’s portfolio, providing tiered benefits, no blackout date redemptions and personalized ambassador service for elite members.
  • Rationale: Provider of lodging brand franchising, centralized reservation centers, and Marriott Bonvoy loyalty program driving unified distribution, occupancy, and RevPAR.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Enterprise Hotel & Resort Operators sector

M&A buyer group 1: Hotel Management Services

6 companies View group →
Description: Companies in the Hospitality Hotel Management Services category operate as third‑party hotel managers and operators for owners and investors. They deliver turnkey property operations, brand standards compliance, staffing, revenue strategy, distribution, guest experience, engineering, and financial reporting. The value proposition is stabilizing performance, raising RevPAR and occupancy, improving profit margins, and reducing operational risk across single assets and multi‑property portfolios.
Aimbridge Hospitality

Aimbridge Hospitality

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of global hospitality management services operating over 80 hotel brands, leveraging proprietary data and deep market expertise to deliver compelling results for hotel owners and exceptional guest experiences worldwide.
  • Key Products:
  • Hospitality Management Services: End-to-end hotel operations management using proprietary market data and insights to maximise owner returns and guest satisfaction across 80 international brands
  • Luxury & Resort Operations: Specialised management for luxury, resort and highly complex, distinctive properties, applying focused expertise to enhance experiences and asset value
  • Taste & Theory Restaurant Group Solutions: Provides total food & beverage concept development, branding and operational support for hotel restaurants, boosting on-property dining revenues
  • All-Inclusive Division Services: Dedicated management platform tailored to all-inclusive properties, meeting expanding market needs with specialised resources and focused operational support.
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Enterprise Hotel & Resort Operators sector

3.1 - Buyout funds in the Enterprise Hotel & Resort Operators sector

Buyout Funds investing in Enterprise Hotel & Resort Operators companies

51+ funds
Description: Buyout funds focused on Enterprise Hotel & Resort Operators companies globally.

Apollo Global Management

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Enterprise Hotel & Resort Operators
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Enterprise Hotel & Resort Operators sector

Growth Equity Funds in Enterprise Hotel & Resort Operators companies

41+ funds
Description: Growth equity funds focused on Enterprise Hotel & Resort Operators companies globally.

Ardian

Website HQ: France
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Enterprise Hotel & Resort Operators
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Enterprise Hotel & Resort Operators companies

4.2 - Public trading comparable groups for Enterprise Hotel & Resort Operators sector

Valuation benchmark group 1: Full-Service Hotel and Resort Operators

12 companies View group →
Description: Companies in this public trading comparables group operate full-service hotels and integrated resorts offering rooms, food & beverage, entertainment, and ancillary services. Models span owned, leased, and managed assets with diversified revenue beyond lodging. They are comparable because of shared demand drivers, operating economics, seasonality, asset intensity, and reliance on RevPAR, occupancy, ADR, and EBITDA performance across urban, destination, and mixed-use hospitality portfolios.
Marriott logo

Marriott

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of hospitality services operating hotels and restaurants, which include room revenue and diverse dining experiences, alongside outsourcing contracts in IT services, business processes, and various consulting roles. Offering guests a variety of lodging options, Marriott strives to create memorable experiences across its many brands. They are committed to innovation and serving their community through sustainable and ethically sound practices.
  • Key Products:
  • Hotel Accommodation: Luxurious and budget-friendly rooms and suites ranging from Marriott Hotels and Resorts to JW Marriott and Courtyard by Marriott
  • Restaurant Services: Diverse dining experiences available within Marriott properties
  • Event Planning: Venues and services for conferences, weddings, and events
  • Loyalty Programs: Marriott Bonvoy rewards program offering points and privileges
  • Vacation Ownership: Timeshare opportunities through Marriott Vacation Clubs.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Enterprise Hotel & Resort Operators sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Enterprise Hotel & Resort Operators sector

Who are the top strategic acquirers of Enterprise Hotel & Resort Operators companies?

Top strategic buyers in this sector include Marriott International, a provider of global hospitality services, marriott international operates, franchises and licenses a portfolio of hotel, resort, residential and timeshare brands, managing over 9,000 properties and 1.7 million rooms worldwide through managed, franchised and company-owned locations. .

Which buyer groups are most relevant for Enterprise Hotel & Resort Operators companies?

Relevant strategic buyer groups similar to the Enterprise Hotel & Resort Operators sector include Hotel Management Services because they share similar customer segments and product capabilities.

Financial Investors in Enterprise Hotel & Resort Operators sector

Which are the top PE firms investing in Enterprise Hotel & Resort Operators companies?

Potential investors in the broader Enterprise Hotel & Resort Operators space include Ardian and Apollo Global Management.

Who are the top buyout funds acquiring Enterprise Hotel & Resort Operators companies?

Active PE funds and buyout funds acquiring companies in the Enterprise Hotel & Resort Operators space include Apollo Global Management.

Who are the top growth equity funds investing in Enterprise Hotel & Resort Operators companies?

Growth funds investing in the broader Enterprise Hotel & Resort Operators sector include Ardian.

Valuation of Companies in Enterprise Hotel & Resort Operators sector

Which are the key public companies that are relevant trading comps for Enterprise Hotel & Resort Operators companies?

Key trading comparable groups include Marriott, a provider of hospitality services operating hotels and restaurants, which include room revenue and diverse dining experiences, alongside outsourcing contracts in it services, business processes, and various consulting roles. offering guests a variety of lodging options, marriott strives to create memorable experiences across its many brands. they are committed to innovation and serving their community through sustainable and ethically sound practices..

Which are the key trading comparable groups for Enterprise Hotel & Resort Operators companies?

Similar trading comparable companies include Full-Service Hotel and Resort Operators. Our platform tracks detailed trading comparable groups in the Enterprise Hotel & Resort Operators sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Enterprise Hotel & Resort Operators sector?

Our platform tracks M&A transactions in the Enterprise Hotel & Resort Operators sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Enterprise Hotel & Resort Operators?

Access recent funding rounds in the Enterprise Hotel & Resort Operators sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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