Anbang

Anbang Withdraws Without Explanation, Leaves Marriott As The Victor In The Starwood Soap Opera

In the almost daily soap opera that was the struggle for control of Starwood Hotels, Anbuang has walked away from the bidding process as the highest bidder. It’s a bit surprising to see Anbang pull out this quickly after making their most recent offer. We now have more clarity around the future of Starwood Preferred Guest.