Prime Supplier Member News: AccorHotels Acquires 21c Museum Hotels

Prime Supplier Member News: AccorHotels Acquires 21c Museum Hotels

Welcome 21c Museum Hotels to the AccorHotels Family

AccorHotels recently announced that it has signed an agreement to acquire 85% of 21c Museum Hotels. 21c combines a multi-venue contemporary art museum, boutique hotels, and chef-driven restaurants, with 11 properties currently open and under development across the United States.

We are delighted to welcome 21c Museum Hotels as part of the AccorHotels family of brands, hence strengthening the Group’s footprint in North America in a very unique and promising niche. Together, we have a tremendous opportunity to grow the 21c brand, as well as introduce MGallery into the North American market, building both brand equities and further expanding the full range of unparalleled experiences for our guests.” Said Kevin Frid, COO, North & Central America, AccorHotels.

About 21c Museum Hotels

21c Museum Hotels was founded in 2006, in Louisville, by philanthropists and contemporary art collectors Laura Lee Brown and Steve Wilson. Inspired by the idea that art can ignite urban revitalization and catalyze civic connection, Brown and Wilson rehabilitated a series of 19th-century warehouses in Louisville’s downtown arts and theater district to open the first 21c Museum Hotel.

The success of the Louisville flagship created opportunities for expansion; today the company operates eight 21c properties in Bentonville, Cincinnati, Durham, Kansas City, Lexington, Louisville, Nashville and Oklahoma City, with 3 more in development in Des Moines, Miami, and Chicago.

21c Museum Hotels is proud to announce our entry into the AccorHotels family. AccorHotels is one of the world’s leading hotel operators and will be a perfect partner and catalyst for 21c’s continued growth. We are confident that the unique spirit of 21c will not only be preserved but will flourish within the MGallery collection of boutique hotels. 21c will continue to bring the work of today’s most dynamic and engaging contemporary artists to the public, and this partnership will be a tremendous boost for 21c’s continued development in North America and abroad. We are extremely excited to see what the future holds.” Said 21c founder, Steve Wilson.

The purchase price for the 85% stake is $39 million, excluding potential earn-out. No real estate is included in this acquisition. The transaction should be completed during the third quarter of 2018.

21c Museum Hotels will join AccorHotels’ MGallery collection of boutique hotels, marking the introduction of the MGallery brand into the North American Market. This agreement will allow 21c Museum Hotels to leverage AccorHotels’ leading global hospitality platform while retaining its independent spirit.

“This is very exciting news for 21c Museum Hotels – who recently joined The American Meetings Network as a Prime Supplier Member. We look forward to seeing the positive impact this deal will have on the future of the 21C Museum Hotel brand.” Said Paul Steinmetz, Director of The American Meetings Network.

Interested in becoming an American Meetings Network Prime Supplier Member?

Contact Paul Steinmetz, Director of The American Meetings Network by phone at (954) 440-1274 or email at psteinmetz@americanmeetings.com

American Meetings Network Success Story: Discover The Palm Beaches

American Meetings Network Success Story: Discover The Palm Beaches

A Success Story

Our Prime Supplier Member of the month, Discover The Palm Beaches, recently secured a large global sales meeting – a direct result of joining The American Meetings Network and attending AMI Global Procurement Day!

“The American Meetings Network has been an extremely valuable resource for our sales team. Global Procurement Day allowed us the rare opportunity to meet face-to-face with AMI’s meeting planners and sourcing team, and it was those meetings that ultimately led to Discover The Palm Beaches contracting a very significant piece of business for Palm Beach County.”

Brandon Hall- Discover The Palm Beaches

About Global Procurement Day

AMI’s Global Procurement Day, The American Meetings Network’s quarterly procurement engagement is strategically designed to match our Corporate Meeting Planners and Sourcing Managers with our Partner Supplier Network.

Aurelio DeMendoza, AMI’s SR VP Marketing and Strategic Alliances mentions that “Our network brings together the best meeting planning talent, venues, technology, and services worldwide to build and flawlessly deliver the custom virtual and live meeting experiences our clients demand for engaging their key audiences. It’s the best way to be a part of our meetings and events.”

Your Company Can Be Our Next Success Story!

As part of AMI’s commitment to our supplier partners, in 2018, we have expanded the number of procurement days allowing for smaller, more intimate interactions with our talented AMI meeting managers and sourcing professionals.

Another Successful American Meetings Network’s Global Procurement Day!

Another Successful American Meetings Network’s Global Procurement Day!

American Meetings, Inc. (AMI) CEO, Andy McNeill, and the AMI Network Team hosted another successful Global Procurement Day on Thursday, May 10th, 2018.

The two-day event took place at the beautiful oceanfront Hilton Fort Lauderdale Beach Resort with a kick-off dinner and meet & greet at the delicious Surf, Sun and Sand. The next day, supplier partners had the chance to attend business opportunity meetings with AMI meetings managers to showcase their company’s services and to begin developing solid business relationships. They also had the opportunity to attend a Procurement Panel discussion with keynote speakers, Dawn Ozanne-Tolman from GuideWell (Blue Cross & Blue Shield) and Todd Rice from American Airlines.

Who Attended?

As part of our commitment to our supplier partners, in 2018, we have expanded the number of procurement days allowing for smaller, more intimate interactions with our talented AMI meeting managers and sourcing professionals.

The purpose of our Global Procurement Day is to develop stronger and deeper relationships with our partner suppliers, while also preparing them to work closely with our global network.  Attendee’s included:

About the American Meetings Network and Global Procurement Day

Our network brings together the best meeting planning talent, venues, technology, and services worldwide—to build and flawlessly deliver the custom virtual and live meeting experiences our clients demand engaging their key audiences.

AMI Global Procurement Day is the American Meetings Network quarterly procurement engagement strategically designed to match our Meeting Planners and Sourcing Managers with our Partner Supplier Network.