Aloft Seoul Myeongdong Will Mark the Second Aloft Hotel in the Bustling Capital, Catering to the Hyper Connected Global Traveler
Interval Leisure Group and Starwood Hotels & Resorts Worldwide announced a brief delay in the planned closing of ILG’s acquisition of Starwood’s vacation ownership business.
Portfolio is partnering with shopping platform LiketoKnow.it to let users book a stay by tapping photos on Instagram photos posted by Starwood-paid influencers.
The stockholders of both companies approved proposals relating to Marriott’s acquisition of Starwood.
Welcome to breaking news of this week: Marriott CEO published his “testimonials”; The purpose of Anbang existed the merger; The suspect involving in the Yitel incident had been arrested…
The Starwood bidding war comes to an end with the Anbang-led group withdraw; BTG hotel and Alitrip initiate hotel alliance joint venture…
Anbang has withdrawn its non-binding proposal to acquire Starwood for $82.75 per share in cash and does not intend to make another proposal.
A spokesman for Anbang said the investment plan of Starwood bid conforms with rules and regulations.
Marriott reaffirmed its commitment to acquire Starwood Hotels & Resorts Worldwide, Inc.
Starwood announced a revised proposal from Anbang is reasonably likely a "Superior Proposal".