Home Posts Tagged "Starwood Hotels & Resorts"

Starwood Hotels & Resorts

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Hotel behemoth Marriott International announced Monday that it has agreed to buy rival chain Starwood Hotels & Resorts in a $12.2 billion deal that …

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Hotels in Europe are doing well in spite of the ongoing Eurozone Crisis, according to the latest numbers from the European hospitality industry. Although the Eurozone Crisis has made it hard for the expansion of hotels in Europe, the hotels in Europe that currently exist are meeting the numbers they had at this time in 2010.

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China's hospitality industry is doing well right now as three major hotel chains in the past announced this week that they will be opening new hotels in China. China has become a very important market in the hospitality industry as more and more people are choosing to visit China while more Chinese are making visits around the country and staying in hotels in China. China received over 56 million international visits in 2010 and is also world's third largest market for outbound tourists.

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