Note From the EditorBuy or build? InterContinental Hotels Group revealed its intention during its earnings call Tuesday to buy a luxury brand or two to shore up its position in the sector. After Wyndham's deal to acquire La Quinta and now this, it looks like hotel industry consolidation is the gift that keeps on giving.
Meanwhile, when it comes to choosing a flag, Skift Research in its latest report tells U.S. hotel owners that affiliating with Marriott or Hilton would mostly likely be an opportune choice. The devil is in the details, however, and each owner must consider their own particular situation. — Dennis Schaal, Executive Editor |
No comments:
Post a Comment