Starwood acquires Le Meridien

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Active Member
Jan 29, 2005
cssaus said:
Got an email from Starwood this morning which included the announcement that they have now acquired the Le Meridien chain of hotels.
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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