Marriott unlikely to match Anbang’s bid for Starwood, analysts say

Marriott unlikely to match Anbang’s bid for Starwood, analysts say Marriott International, which has been engaged in a bidding war with a group led by China-based Anbang Insurance Group made for Starwood Hotels & Resorts, is unlikely to match the higher buyout the Anbang group made earlier this week, say analysts who cover both Marriott and Starwood. Source: Hotel Marketing Marriott unlikely to match Anbang’s bid for Starwood, analysts say

Sydney: Airbnb has no significant impact on city’s hotel performance

Sydney: Airbnb has no significant impact on city’s hotel performance As with a recent analysis of Airbnb’s impact on the New York hotel sector, STR analysis found that the mainstream accommodation sector has not been greatly affected by Airbnb’s presence in the market. It did state however, that Airbnb appears to be benefitting from a lack of available hotels outside the city centre. Source: Hotel Marketing Sydney: Airbnb has no significant impact on city’s hotel performance