Westmont Hospitality Hotel
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Westmont Hospitality Hotel - overview
Established
1975
Location
Toronto, ON, Canada
Primary Industry
Consumer Services
About
Westmont Hospitality Group is a key player in the global hospitality sector, focusing on hotel management and operations while delivering value to owners and guests across a diverse portfolio of over 500 properties. Founded in 1975 in Toronto, Canada, Westmont Hospitality Group specializes in hotel management and operations. The company has effectively operated without any significant pivots in business strategy and does not have known subsidiaries. It was founded by individuals whose specific histories are not detailed.
Westmont Hospitality Group operates as a prominent player in the global hospitality industry, specializing in hotel management and operations. The company manages a diverse portfolio of over 500 hotels, including budget and luxury accommodations, full-service hotels, limited-service business hotels, large conference venues, boutique hotels, and high-end luxury properties. Westmont enhances the guest experience while providing exceptional value to hotel owners and stakeholders, serving major brands such as Fairmont, Hilton, Accor, and Marriott in key markets including Europe, Asia, and the Middle East. Westmont Hospitality Group generates revenue primarily through hotel management contracts, ownership interests, and advisory services.
The company engages in B2B transactions, partnering with well-known hotel brands to manage hotel operations effectively. Revenues are tied to hotel profitability and occupancy rates, deriving additional income from revenue-sharing agreements and performance-based management fees.
Primary Industry
Consumer Services
Sub Industries
Hospitality Services
Website
www.whg.com
Total Amount Raised
Subscriber access only
Westmont Hospitality Hotel - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| N/A | Completed | Hyatt Regency Jacksonville Riverfront | - | ||||||||
| N/A | Completed | Red Roof Inn Irvington, Red Roof Inn Tucson | - | ||||||||
| Secondary Buyout | Completed | Jurys Inn Group Ltd. | - | ||||||||
| Restructuring | Completed | Jurys Inn Group Ltd. | - | ||||||||
| Trade Sale | Completed | Libertel | - |
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