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Yourent Takes Direct Aim At The Hotel Industry
Saturday, July 15, 2017 - 9:45am | 509Read More...Airbnb’s prominence in the hospitality industry has paved the way for several niche alternative accommodations players to come into the market. A problem with Airbnb, however, is despite the reviews, there is no standardization across its platform; it really is a gamble when you stay at an...
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EU Clears Marriott-Starwood Deal, Says Deal Won't Affect Healthy Competition In Europe
Monday, June 27, 2016 - 12:21pm | 344Read More...The European Commission has cleared Marriott International Inc (NASDAQ: MAR)'s $13.6 billion acquisition of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT), saying that the deal "would not adversely affect competition in Europe," according to a recent press release. "This is an important...
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Berenberg Sees M&A Activity Just Beginning In The Leisure Sector
Thursday, December 10, 2015 - 1:26pm | 569Read More...Stuart Gordon of Berenberg commented on the leisure group, noting the sector remains "ripe" for further consolidation and Marriott International Inc (NASDAQ: MAR)'s acquisition of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) is "only the first deal." Gordon cited valuations below...
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Bank Of America Upgrades China Lodging Group, Cites Medium And Long-Term Growth Potential
Friday, May 15, 2015 - 1:57pm | 286Read More...In a report published Friday, Bank of America analyst Billy Ng upgraded shares of China Lodging Group, Ltd (NASDAQ: HTHT) to Buy from Neutral with a price target raised to $31.50 from a previous $27.80 after the company's first quarter print confirms a "solid" medium and long-term growth potential...
