Starwood acquires Le Meridien

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BlacKnox

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

http://privilege.starwood.com/en/articles/1717.html?camp_id=132&cust_id=181365
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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