Aramark Acquires Forever Resorts Properties

Acquisition of premier private sites advances Aramark Destinations growth strategy

Aramark (NYSE: ARMK), a global leader in hospitality, facilities management and uniforms, recently announced that it has signed an agreement to acquire a collection of premier Forever Resorts destination properties offering hospitality across North America, in conjunction with the company’s rebranding of its Leisure division to Aramark Destinations.

The acquisition significantly strengthens the position of the new Aramark Destinations brand in North America and supports the company’s strategy to grow its portfolio of destinations and cultural attractions across the country.

“Aramark Destinations’ acquisition of Forever Resorts properties is another step in our long-term strategy to serve as a leader in the hospitality industry and grow our portfolio of unique attractions and destinations across the country. North America, said Bruce W. Fears, President and CEO of Aramark Destinations. “Both companies share a passion for hospitality and service, and the cultural similarities between us will make this a natural transition. Forever Resorts has a fantastic team of dedicated hospitality professionals, and we look forward to seeing them join us in providing exceptional and authentic experiences to travelers around the world while continuing the legacy of Rex Maughan and his love for nature and the great outdoors.

One of the nation’s largest National Park Service concessionaires, Scottsdale, AZSince its founding in 1981 by Rex Maughan, Forever Resorts has focused on properties with access to nature and a unique environment for vacations.

Transition to Aramark destinations

Beginning in April 2022, Forever Resorts will transfer operations from 12 unique outdoor vacation and adventure destinations to Aramark Destinations, all of which are in or near national parks, recreation areas and national forests. across the United States.

Properties

These properties include Grand Canyon Lodge – North Rim, The Lodge at Bryce Canyon, Red Canyon Village, Signal Mountain Lodge & Marina, Chisos Mountain Lodge, Big Bend Resort & Adventures, Cedar Pass Lodge in Badlands National Park, Minute Man RV Park & Lodging, Rock Harbor Lodge at Isle Royale Resorts, Mad River Boat Trips, Scenic Safaris at Jackson Hole, and Mormon Lake Lodge.

Aramark Destinations’ diverse collection of properties and activities in America’s greatest national parks and protected lands provide unforgettable and memorable experiences. Outdoor adventures can range from rock climbing lessons at Yosemite National Park and boat trips on Lake Powell to breathtaking lake views at Isle Royal National Park in Lake Superior Michigan.

The rebranding of Aramark Leisure to Aramark Destinations is a natural progression of the company’s operations and its commitment to providing curated tourism experiences while honoring the many protected lands on which it operates guest services. The company has a deep respect for the environment and natural resources and recognizes the need to protect the places where we live, work and play.

For more information, visit www.aramarkhospitalitymanagement.com.

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