TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Starwood Is Talk Of The Town

Category: Hotels, Posted:30 Oct 2015 | 10:57 am

My latest trip has been to a hotel event in Manila where talk amongst hospitality industry types is centering on news that leading global hotel group Starwood are in transaction mode.

The most frequent references over the past week or so center on three China-based firms who are eying to buy Starwood. These are Jin Jiang, China Investment Corporation and HNA. All of these parties clearly have the financial clout to do the deal. 

Market speculation took a spin over news in Hotels Magazine online two days ago that Hyatt was in the fray and looking at a possible deal.

For now it’s a wait and see, but a China play makes the most sense given the voracious appetite for hospitality assets and brands.

Meanwhile chatter about a possible move by IHG to acquire Fairmont Raffles has continued, yet has now been pushed off center stage by what could be an impending Starwood deal.

At stake is an impressive brand stable including St. Regis, W, Sheraton, Westin and Le Meridien. The hotel business is precisely that, and at the end of the day Wall Street needs to take profits at some point so it’s highly likely the group could trade.

Stay tuned.

 

Other News

Read more

Cambodia Business Briefing – What Comes Next?

Category: Hotels|Real estate|Tourism, Posted:19 Oct 2021 | 08:13 am Hotels, tourism, and real estate are featured in next week’s virtual event – Cambodia Business Briefing. Organized by C9 Hotelworks and Delivering Asia Communications, the session will be on Tuesday 26th October, 3:00 pm Phnom Penh/Bangkok Time | 4:00 pm Singapore/Hong Kong. Cambodia remains one of Asia’s top-up and coming marketplaces. Pre-pandemic, its pace of […]
Read more

PHIST 2021 – Sustainable Asia RE-defined Coming 28 October

Category: Hotels, Posted:11 Oct 2021 | 09:11 am The fourth annual Asian-based sustainability-focused learning event PHIST 2021 will take place in a dynamic virtual setting on 28th October. Organized in Phuket, Thailand with speakers from across the region. PHIST (Phuket Hotels for Islands Sustaining Tourism) has established itself as a leading forum in Asia for sustainable tourism, environmental education for hotels as well […]
Read more

Lonely Planet. Ultimate Vacation Homes. More Phuket Meds

Category: Tourism, Posted:07 Oct 2021 | 21:02 pm It’s Friday and we have a trio of video insights for you. Listen to an intriguing talk with Joe Cummings who is behind the first Lonely Planet Thailand guidebooks. Hear seven short real estate talks on the latest trends. And then, how is Thanyapura looking to expand their medical footprint across Phuket. Right here. Right […]