Hotel industry set for more M&A deals after busy 2015
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Berlin
A FRAGMENTED hotel industry is set for more consolidation this year by owners seeking scale to better resist shocks to the economy and to improve their bargaining position with online travel agents.
The hotel industry saw a series of deals last year, with Marriott announcing plans to purchase Starwood and France's AccorHotels agreeing a deal for FRHI, the owner of luxury hotels such as London's Savoy.
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