Starwood acquires Le Meridien

Discussion in 'Open Discussion' started by cssaus, Jan 27, 2006.

  1. cssaus

    cssaus Active Member

    Dec 13, 2004
    893
    62
    Sydney
  2. BlacKnox

    BlacKnox Active Member

    Jan 29, 2005
    732
    13
    Good news for those in Starwood's preferred guest program. Judging from the purchase price, I'd speculate that a lot of the properties purchased were saddled with debt and/or losing money. Let's hope the good people at Starwood can whip them into shape, without compromising service standards.
     
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