News in brief:
Accor opens Pullman hotel in Liverpool
Accor has opened its upmarket business hotel brand Pullman in Liverpool. This is a new-build hotel situated next to the Arena & Convention Centre.
It is only the 2nd Pullman property in the UK but a larger roll-out is planned. If standards are maintained they could well become the leading business hotels in the cities where they open.
Full details of the Liverpool Pullman can be found here.
Marriott back on top in the Starwood takeover
In case you missed the latest developments this week, Marriott is back in the driving seat in the takeover battle for Starwood Hotels (Le Meridien, Sheraton, St Regis, Westin, W etc).
A revised Marriott offer has topped the ‘all cash’ bid made by a consortium led by a Chinese insurance group. The game is not over yet, however – the Marriott bid still includes a large share component which makes it vulnerable if its share price dips. Starwood has increased the break fee payable to Marriott if the deal falls through to $450m.
This is not great news for anyone who fails to see how the Starwood brands and culture could survive under Marriott, or who values the Starwood Preferred Guest loyalty programme. There may still be more twists to this story though …..
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