News for the Hospitality Executive
Marketing & Technology Group Acquires HOTELS
CHICAGO--May 17, 2010 - Integrated media publisher Marketing & Technology Group (MTG) today announced that it has acquired HOTELS magazine from Publisher Dan Hogan. The purchase includes all print, online and event assets, including sister publication HOTELS’ Investment Outlook, hotelsmag.com, and a suite of electronic newsletters. Terms were not disclosed.
“HOTELS is an excellent strategic fit for our company”
Hogan recently purchased HOTELS from Reed Business Information as part of RBI’s divestiture from its U.S. trade media business.
Effective immediately, Hogan and a core team of HOTELS veterans, including Editor-in-Chief Jeff Weinstein; U.S. Sales Managers Amy Vaxman and David Wood; and European Sales Representatives Brigitte and Caroline de Donnea, and Stephen Waddell, will join MTG to immediately begin work on producing a June issue of HOTELS and a relaunch of its Web site.
HOTELS’ sister publication, HOTELS’ Investment Outlook, will resume publication in the fourth quarter of 2010, Hogan said.
With this purchase, MTG expands its portfolio of award-winning food and hospitality brands, which include Meatingplace for the North American beef, pork and poultry industries; Plate for the U.S. foodservice industry; and CarneTec, for the Latin-American meat and poultry industries.
“HOTELS is an excellent strategic fit for our company,” said Mark Lefens, president of Marketing & Technology Group. “It is global in scope and it brings an allied, but not overlapping, market to our existing brands. Moreover, HOTELS is extremely well regarded in its field, largely due to the expertise and relationships Dan and his team have built over the past 20 years. They—like we—believe that quality matters. Sharing that common vision is critical to our mutual success.”
“Since its launch in 1966, HOTELS has always been the authoritative source of information for the global hotel market. It’s a proud brand with a very loyal following,” Hogan said. “My primary goal throughout this process was to find a partner for HOTELS that would respect its legacy and invest in its future. Our first order of business together is to restore the distinctive luster HOTELS has always enjoyed and resume serving this global market.”
About Marketing & Technology Group: Founded in
& Technology Group is a Chicago-based business-to-business media
whose properties serve the global information needs of professionals in
red meat and poultry processing, foodservice and hospitality