Most of the business houses are opting for merger and acquisition process nowadays as they have found it as an amazing doorway to promote and expand their business. Many big hoteliers in the past few years have merged with the big names as to build a platform for themselves in the hotel industry. This has also helped them to promote the business on global end, to grow and develop in the present times and to reach to the target audience. Even the consumers are being benefitted in return, as they are getting cost-friendly options and Patrick Imbardelli believes that it has broadened the horizon of the hotel industry.
Increase in Company’s Value
As the companies go ahead for the merger process, they can get a lead in the hospitality industry as both the businesses can work as one team and think about the growth of the hotel. Most of the …