2001 |
The industry is hit hard by 9 / 11 . U . S . hotels lose more than US $ 700 million in revenue in the two weeks immediately following the terrorist attacks . |
2006 |
AccorHotels acquires FRHI Holdings Ltd . for
US $ 2.9 billion .
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2016 |
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Starwood Hotels & Resorts Worldwide acquires Le Méridien .
2007
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2000 |
Hotwire and TripAdvisor launch .
1999
Westin Hotels introduces the Westin Heavenly Bed , manufactured exclusively for the company .
1999
The Burj al Arab opens in December , symbolizing the start of the tourism boom in the UAE .
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2002
An outbreak of what is believed to be SARS begins in the Guangdong province of China , which borders on Hong Kong , resulting in a very serious negative impact to travel and tourism .
2003
Six Continents ( formerly Bass ) finalizes the separation of the group ’ s hotels and becomes InterContinental Hotels Group PLC .
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2005
Hilton Hotels Corp . announces it will acquire Hilton International for approximately US $ 5.71 billion in an all-cash transaction .
2004
Expedia acquires TripAdvisor .
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Blackstone buys Hilton Hotels Corp . for US $ 26 billion in cash .
2008
Bill Marriott and Ian Schrager officially announce the Edition brand .
2009
Marriott launches the Autograph Collection , a soft brand for upscale and luxury independent hotels .
2013
Hilton Worldwide goes public .
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2016
Starwood Hotels & Resorts Worldwide accepts Marriott International ’ s buyout offer worth approximately US $ 13.6 billion .
2015
Expedia and Orbitz merge .
2014
Hilton sells the Waldorf Astoria New York to Anbang Insurance Group Co . Ltd . for US $ 1.95 billion .
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