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US shareholder activists target hotels

They seek opportunities to maximise value at companies seen as laggards in a sector that is outperforming others, reports NADJA BRANDT


HOTEL owners and operators are catching the attention of US shareholder activists as surging property values spur investors to press for higher returns at companies seen as laggards.

Strategic Hotels & Resorts, owner of Manhattan's JW Marriott Essex House, is...

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