CHINA TOPIX

05/15/2024 01:02:00 pm

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Marriott Hotels

Starwood confirms it has received a sweetened $14 billion offer from China's Anbang Insurance Group

China's Anbang Raises Offer for Starwood Hotels at $14Billion

China's Anbang Insurance Group Co has raised its offer higher for Starwood Hotels & Resorts Worldwide Inc. to nearly $14 billion, Starwood confirmed on Monday, in its highly intense bidding war against Marriott International Inc.

China's Anbang says it has not reached overseas investment quota yet

China's Anbang Claims it has not Exceeded Overseas Investment Quota Yet

China's Anbang Insurance said that it has not exceeded its overseas investment quota yet following reports that it may be facing local policy barriers after raising its offer for Starwood Hotels & Resorts Worldwide at $14 billion, outbidding Marriott International's latest bid.

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Marriott Wants To Bring Netflix, Hulu And Pandora To Hotels

Marriott is hoping to win over customers with Netflix, Hulu and Pandora availability inside hotel rooms.

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Marriott Drops FCC Wi-Fi Blocking Efforts

Marriott Hotels is dropping the FCC letter for permission to block Wi-Fi connections within its hotels.

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