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Search results for “Anbang”
Marriott Investor Call: This Is What We Have in Store for Starwood
03/22/2016
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6:31:19 PM
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Marriott held a call for investors on this Monday morning, talking primarily about the new deal’s terms. Marriott decided to combine its Rewards with Starwood Preferred Guest loyalty programs and integrate their brands.With newly revised bid, the synergies have risen to $250 million, and Marriott expects them to be fully achieved within two years after closing.
Chinese capital makes waves in global hotel industry
06/08/2015
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7:10:41 AM
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Chinese investors are counting on this enormous Chinese market to form the customer base that will enable them to expand in the overseas hotel industry.
Hilton plans 206 hotels in China of total 266 in Asia-Pacific
03/28/2016
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3:57:20 PM
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Hilton said it plans to set up 206 more hotels in China out of the total 266 in Asia-Pacific, while the hotel company currently has 71 hotels in Asia's biggest economy.
Surge in overseas property buying from Chinese companies in 2015
12/22/2015
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5:29:02 PM
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Outbound property investment by Chinese companies is set to hit a record high this year, despite the slowing domestic economy, according to Savills.
Waldorf Astoria hotel sold to Chinese insurance firm
10/07/2014
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4:16:36 PM
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New York's iconic Waldorf Astoria hotel has been sold by Hilton Worldwide to Chinese firm Anbang Insurance Group for $1.95bn (£1.22bn).
Hyatt's Pritzker and Chinese auto giant Wanxiang makes $1B hotel investment
08/18/2015
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6:13:24 PM
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Billionaire John Pritzker’s private investment firm and a unit of Chinese auto-parts maker Wanxiang Group Corp. are teaming up to invest $1 billion in U.S. hotels.
The state of hotel asset management in China
07/07/2015
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6:04:14 PM
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Many Chinese hotel owners are seeing the values of property-level operations and asset management, as distinctly separate functions.
Chinese Ownership of New York’s Waldorf Raises Espionage Concerns
11/10/2014
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2:16:03 PM
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For years, high-profile guests at New York City’s landmarkWaldorf Astoria hotel could be assured their private conversations wouldn’t be overheard by anyone — except, perhaps, by U.S. spies.
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