Industry Update
Press Release19 February 2019

Best Western® Hotels & Resorts Acquires Global Upper Upscale And Luxury Hotel Collection, Worldhotels™

Best Western now boasts a portfolio of hotel brands in every chain scale segment

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Best Western International

Phoenix, AZ - Best Western® Hotels & Resorts announced today it has acquired renowned global hotel brand WorldHotels™ representing a collection of approximately 300 unique and special hotels and resorts in premier destinations around the world.

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"There is tremendous synergy between Best Western and WorldHotels. By joining forces in this new partnership, we will create competitive advantages for both companies," said David Kong, President and CEO of Best Western Hotels & Resorts. "I have the utmost respect for WorldHotels and believe in its vast potential."

The acquisition of WorldHotels was completed last week. The WorldHotels brand will play a critical role in enhancing Best Western's portfolio of offerings to include the upper upscale and luxury segments.

WorldHotels will maintain its distinctive personality and individuality while benefiting from Best Western's robust and scalable E-Commerce platform, strong partnerships, award-winning loyalty program, effective sales and marketing support, global distribution network, and powerful revenue engines.

"Best Western is one of the largest, most respected and trusted hotel brands," said Geoff Andrew, CEO, WorldHotels. "As we join forces, the combined power of our brands sets the stage for a bright future for both Best Western and WorldHotels. Through its established senior leadership team and regional presence in each market, Best Western brings a new level of expertise that will undoubtedly help grow the WorldHotels brand in key markets."

Best Western has been on a journey of amazing transformation over the past several years. In the last year alone, Best Western was named one of the world's Most Innovative Companies by Fast Company, expanded its portfolio to 13 dynamic brands reaching new guests in new segments, and won a record number of industry awards and accolades. The acquisition is a testament to Best Western's commitment to growth, modernization and continued progression, bolstering the company's position as a trusted leader in the global hospitality industry.

"In the coming months, our focus will be to unlock WorldHotels' potential by improving revenue delivery to its hotels while protecting its independent identity. We truly believe our platform and revenue engines will benefit WorldHotels and attract many more independence-minded, quality hotels to join the brand. We are very pleased that Geoff Andrew will continue as CEO of WorldHotels for the foreseeable future," concluded Kong.

About WorldHotels™ Collection

The WorldHotels™ Collection delivers proven soft brand solutions for a curated global offering of 300 of the finest independent hotels and resorts. Founded by hoteliers dedicated to the art of hospitality, only WorldHotels curates the best independent properties around the globe, each reflective of the locale by offering intuitive service, and a refined sense of character. WorldHotels' proprietary 'Start With Why' philosophy helps each hotel identify their unique set of assets that distinguish and elevate their guest experience and revenue generation performance from the competition. Geared to both business and leisure travelers, the WorldHotels Collection is classified into three tiers allowing guests to select the offering that meets their needs: WorldHotels Luxury, WorldHotels Elite and WorldHotels Distinctive.

About Best Western® Hotels & Resorts

Best Western Hotels & Resorts headquartered in Phoenix, Arizona, is a privately held hotel brand within the BWH Hotel GroupSM global network. With 17 brands and approximately 4,700 hotels in over 100 countries and territories worldwide*, BWH Hotel Group suits the needs of developers and guests in every market. Brands include Best Western®, Best Western Plus®, Best Western Premier®, Executive Residency by Best Western®, Vīb®, GLō®, Aiden®, Sadie®, BW Premier Collection® and BW Signature Collection®. Through recent acquisition, WorldHotels® Luxury, WorldHotels Elite and WorldHotels Distinctive brands are also offered. Completing the portfolio is SureStay®, SureStay Plus®, SureStay Collection® and SureStay StudioSM franchises**. For more information visit www.bestwestern.com or www.bestwesterndevelopers.com.

* Numbers are approximate, may fluctuate, and include hotels currently in the development pipeline.
**All Best Western, WorldHotels and SureStay branded hotels are independently owned and operated.

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Kelly Dalton
Director of Communications
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