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December 13, 2016

Supplier News: Inside the New Banyan, AccorHotels Partnership

banyan tree

A big new hotel partnership leads this week's meetings industry supplier news. 

Banyan Tree, AccorHotels Partner for Growth

This week Banyan Tree Hotels & Resorts has announced a new strategic partnership with AccorHotels. 

The agreement, which includes a significant investment from AccorHotels, allows both companies to co-develop the brands owned by Banyan Tree around the world. Banyan Tree will remain an independent company and continue to secure hotel management agreements on its own while taking advantage of AccorHotels’ help in growing the brands worldwide. 

Banyan Tree will also have access to AccorHotels’ global reservations and sales network, as well as its loyalty program, Le Club AccorHotels.

AccorHotels will invest an initial SGD 24 million (c. €16 million) in Banyan Tree through a mandatory convertible debenture that at conversion will give AccorHotels an approximately 5 percent stake in Banyan Tree. AccorHotels has an option to purchase an additional approximately 5 percent stake.

Visit www.banyantree.com

Now Open: Sonesta Silicon Valley

In the United States, Sonesta has expanded to the West Coast with the opening of the Sonesta Silicon Valley

The 236-room hotel in the San Jose / Santa Clara area has 4,400 square feet of flexible meeting space accommodating social and business gatherings for up to 200 guests. Six available meeting and event spaces and a dedicated convention services and catering team are available to handle all details. Audio-visual equipment and services are also available on-site.

Other amenities include an outdoor swimming pool and sun deck, outdoor firepit, fitness center, 24-hour business center, complimentary shuttle service, complimentary parking and complimentary high-speed Wi-Fi. The hotel’s on-site restaurant, Brandon’s Restaurant & Grill, serves locally-inspired cuisine for breakfast, lunch and dinner, and in-room dining is also available. 

The hotel is 40 miles south of downtown San Francisco, five minutes from the San Jose International Airport and near the headquarters of Cisco, Intel, Apple, Hewlett Packard and Google

Visit www.sonesta.com/siliconvalley

Ithaca Marriott Downtown to Open December 12

On the opposite coast, the opening of the Ithaca Marriott Downtown on the Commons is set for December 12. 

The 159-room hotel has more than 2,300 square feet of flexible meeting space, including three meeting rooms with floor-to-ceiling windows overlooking the Commons, and planning, catering and audiovisual services. The largest venue, the Gorges Ballroom, will accommodate up to 175.

The hotel is on Aurora Street, billed as Ithaca’s “Restaurant Row,” and two miles from Cayuga Lake, the longest of the Finger Lakes. There is also an indoor-outdoor restaurant and fitness center, as well as a complimentary shuttle to nearby Cornell University, Ithaca College and Tompkins Regional Airport (ITH).

Visit www.ithacamarriottdowntown.com

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