Starwood acquires Le Meridien

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

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  1. cssaus

    cssaus Active Member

    Dec 13, 2004
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    Sydney
  2. BlacKnox

    BlacKnox Active Member

    Jan 29, 2005
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    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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