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Group’s takeover by Marriott expected to close in coming weeks
Audacious bid for Starwood Hotels shows China’s global ambition
Chinese insurer withdraws suddenly from Starwood bidding war
China looks set to pour billions in national savings down a black hole
Chinese-led consortium trumps rival bid from Marriott
Deal struck in Havana tops earlier offer from group led by Chinese insurer Anbang
Chinese offer gatecrashes Marriott’s deal with owner of Sheraton, St Regis and W hotels
Some own hotels. Others operate them. Anbang wants to do both
Since hotel companies sold off assets and became managers rather than owners, the benefits of consolidation are compelling
Both sets of companies are assuming the integration risk
US hotel group is not the only one trying to book into rival
Deal will create world’s largest hotel group with 1.1m rooms
Push to consolidate comes as occupancy and room rates reach record highs
Deal would add the Sheraton, St Regis and W hotel brands to the Pritzker-led Chicago company
Paulson & Co and Och-Ziff build up shareholdings
Outcome of strategic review into US hotel group remains unclear
Opening of four-star Axis hotel an indication of how fast things could change
Hotel group hires Lazard to examine ‘range of strategic and financial alternatives’
Betting on international growth has not worked for the hotelier
A hardy band of fund managers believes Iraq offers immense opportunity
International Edition