You are here

Hotel slump lures buyout firms

A potential pick-up in deals is expected after a slow start this year as market volatility creates opportunities for longer-term, value-oriented investors
Thursday, March 3, 2016 - 05:50

BT_20160303_HOTELS3_2146938.jpg
Hilton Worldwide Holdings Inc sold The Waldorf Astoria in Manhattan to China's Anbang Insurance Group Co for a record US$1.95 billion.

Seattle

BUYOUT firms expect that bargains may emerge in hotel investments following the slump in US lodging stocks, suggesting a potential pick-up in deals after a slow start this year.

"Market volatility creates opportunities for longer-term, value-oriented investors like

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom