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Business + People
Marriott Wins Back Starwood Hotels with Higher Bid
The amended merger agreement improves Marriott’s offer from $13.2 billion to $13.6 billion.
March 21, 2016
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Business + People
Starwood Hotels & Resorts Poised to Accept Anbang Takeover Bid
Marriott International will have a chance to make a counteroffer on its original merger bid.
March 18, 2016
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Business + People
Fairmont Hotels & Resorts Releases Findings From its Luxury Insights Report
The inaugural study reveals travelers seeking emotional connections to historic hotels and locations.
March 18, 2016
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Business + People
Michael Graves Architecture & Design Announces New Associate Principals
Robert Blaser, Matthew Ligas, and James Wisniewski were promoted.
March 16, 2016
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Business + People
Report: Mexico’s Growth Linked to Promising Economic Outlook
According to a JLL report, Mexico received approximately 32.1 million visitors in 2015.
March 16, 2016
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Business + People
Starwood Capital Group and HI Partners Form Joint Venture in Spain
The two firms will invest $500 million in the Spanish hospitality market.
March 15, 2016
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Business + People
Anbang Insurance Group to Acquire Strategic Hotels & Resorts
Blackstone Group agreed to sell the 16-hotel portfolio for $6.5 million.
March 15, 2016
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Business + People
Rezidor Acquires Stake in Prizeotel
The move marks Rezidor’s entry into the economy market.
March 15, 2016
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Business + People
KTI Adds to Hospitality Team
Shelley Thomson was named project manager.