With the U.S. hotel market recovering, some of the country's largest hotel companies are poised to resume their efforts to divest themselves of real estate.
Brands such as Marriott International Inc. and Hilton Hotels Worldwide began divesting their properties in the 1980s to focus on the more lucrative and less capital-hungry business of managing the properties for fees. By now, most have only a few dozen properties remaining on their balance sheets, and they are looking to further whittle their holdings after holding off during the recession.
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