Fusion Hotels & Resorts’ acquirement of GLOW Hotels & Resorts will create one of the region’s strongest hospitality brand and management platforms.
Based in Thailand, GLOW has been operating hotels in 3 countries including Thailand, Malaysia, and Vietnam.
The acquirement will combine nearly 4,000 rooms and Fusion will operate the newly merged group. According to the press release, “Fusion will continue to focus on deepening its presence in Vietnam as well as capitalizing on its new Thailand foothold seeking other attractive growth opportunities in Southeast Asia through both post-pandemic consolidation and organic growth”.
Mr. Kevin Beauvais, formerly Founder and CEO of InVision Hospitality and GLOW Hotels & Resorts, holds the role of CEO of Fusion. He also held senior executive positions at Minor Group PLC and Marriott International for 25 years.
He said, “The union marks a new chapter for both Fusion and GLOW, allowing them to continue enhancing services to their customers, driving future growth, and delivering value to shareholders.”
Mr. Peter Meyer, CEO of Lodgis Hospitality Holdings – the owner of Fusion, said, “We are pleased to welcome Kevin to the leadership role of Fusion and integrate GLOW into the broader platform. The high caliber of the leadership team and the strong resiliency of Fusion in face of the most unprecedented challenges for the industry bolsters the business in Asia’s most attractive tourist destinations.”