Marriott to Acquire Rosewood Hotel Group?

Date:

Share post:


Marriott to Acquire Rosewood Hotel Group?

Hong Kong tycoon Henry Cheng Kar-shun has been exploring a partial sale of assets within its luxury Rosewood Hotel Group, according to a Bloomberg.

Now a document posted on FlyerTalk hints that Marriott is looking to acquire the Rosewood Hotel Group. The letter is about tasking the Marriott team with submitting all required legal documents to the FTC and DOJ for approval, prior to the February (2026?) deadline.

The Rosewood Hotel Group’s portfolio consists of 59 hotels in 26 countries with more than 30 new properties currently under development globally.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Private Credit’s Verification Problem | EI Blog

Private credit faces a fundamental verification and information problem. Recent market developments have brought these issues into...

Why Your Biological Sleep Schedule Might Be Costing You a Promotion

Editor's Note: This story originally appeared on MyPerfectResume.com. For decades, corporate life...

Fed Govs. express concern about inflation due to Iran war

Key insight: Fed Gov. Lisa Cook, Gov. Michael Barr and Vice Chair Philip Jefferson said in separate...

8 Stocks I’d Buy if I Were Starting a Tech Portfolio From Scratch Today

If I were looking to start a portfolio of tech stocks beginning today, I'd probably focus my...