Thursday, March 31, 2016

Marriott unlikely to match Anbang’s bid for Starwood, analysts say

Marriott International, which has been engaged in a bidding war with a group led by China-based Anbang Insurance Group made for Starwood Hotels & Resorts, is unlikely to match the higher buyout the Anbang group made earlier this week, say analysts who cover both Marriott and Starwood.

from HOTELMARKETING.COM http://ift.tt/1RLxlJw

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