Forum Events and Media Group Ltd, the parent company of the prominent media platform Hotel Designs, has officially acquired SPACE magazine and its related brands. The acquisition from Purple Media Solutions Ltd is set to significantly broaden Hotel Designs' presence in the international hotel design publishing sector.
Key Takeaways
- Forum Events and Media Group, publisher of Hotel Designs, has purchased SPACE magazine.
- The acquisition includes associated brands Global Design Review and HotelSpecOnline.
- The move aims to create a comprehensive media service combining digital, print, and live events.
- This strategic purchase is intended to expand the company's reach within the global hospitality and design community.
Strategic Acquisition Broadens Media Footprint
In a significant development for the hospitality design media landscape, Forum Events and Media Group Ltd has announced its acquisition of SPACE magazine. The deal also includes the magazine's associated portfolio, which consists of the Global Design Review and HotelSpecOnline platforms. The seller is Purple Media Solutions Ltd, a respected publisher in the industry.
This purchase represents a strategic effort by Hotel Designs to consolidate its market position and enhance its service offerings. The company stated its mission is to create unique conversations within the industry, a goal it believes will be advanced by integrating SPACE magazine's assets.
Since its launch in 2015, SPACE magazine has established itself as an influential publication among hoteliers, interior designers, and architects. The synergy between the two brands was a primary driver for the acquisition, which aims to provide a more holistic media solution for readers and commercial partners.
Background on the Companies
Hotel Designs was acquired by Forum Events & Media Group Ltd in 2015, the same year SPACE magazine was launched. Since then, Hotel Designs has grown into a leading platform for professionals across the hospitality sector, including designers, architects, developers, and suppliers.
Creating a Comprehensive Media Platform
The integration of SPACE magazine's assets will allow Hotel Designs to offer what it describes as a 360-degree media solution. This model combines digital content, print publishing, and live events to engage with its audience across multiple channels.
The expanded portfolio is expected to provide greater value to advertisers and partners by offering access to a larger and more diverse audience within the hospitality design community. The combined experience of both teams is anticipated to foster innovation in content delivery and commercial opportunities.
Sarah Beall, Managing Director of Forum Events & Media Group Ltd, commented on the strategic fit between the brands.
"We are thrilled to welcome SPACE magazine into our growing family of media brands. Its reputation for excellence aligns perfectly with our mission to connect professionals through meaningful content and live events. This acquisition allows us to further enhance our offerings to the hospitality design community."
Leadership Voices on the New Chapter
Leaders from Hotel Designs expressed optimism about the acquisition, highlighting its timing and potential. Katy Phillips, Publisher of Hotel Designs, emphasized the brand's commitment to evolution and meeting client needs.
"This marks an exciting new chapter for Hotel Designs," Phillips stated. "As a brand, we’re constantly evolving to meet the needs of our clients – always striving to do things differently and challenge convention. SPACE magazine is a respected voice in the industry, and we’re delighted to showcase our clients across an even bigger stage."
A Milestone Year
The acquisition coincides with Hotel Designs' tenth anniversary celebrations and its preparations for The Brit List Awards 2025, an annual event that recognizes excellence in British hospitality and design.
A Personal Connection for the Editor
For Sophie Harper, Editor of Hotel Designs, the acquisition holds personal significance. She noted the timing was particularly pertinent as the brand celebrates a decade of growth and strengthens its offerings.
"For me personally, being reunited with the SPACE brand feels like a homecoming, and I look forward to working again with our esteemed friends and colleagues to become a formidable team," Harper said. She added that the partnership will unite "two visionary media forces, combining exceptional talent, creativity, and innovation within the hospitality design industry."
Ensuring a Smooth Transition
Forum Events has committed to a seamless transition for all stakeholders. The company plans to uphold the editorial integrity of SPACE magazine while exploring new avenues for growth. This includes developing expanded digital initiatives and creating integrated event experiences that leverage the strengths of both brands.
The existing readership and advertiser relationships built by Purple Media Solutions will continue to be a priority under the new ownership. The goal is to build upon the strong foundation established by SPACE magazine and enhance its value within the newly combined portfolio.
As Hotel Designs prepares for its upcoming awards ceremony, the acquisition adds another reason for celebration, signaling a new phase of growth and a strengthened position in the global hospitality design market.