Understand the Rationale Behind Today’s Billion Dollar Hotel Industry Deals
[pullquote align=”left|center|right” textalign=”left|center|right” width=”30%”]Get the story behind the headlines[/pullquote] This week the WSJ and several other papers reported Accor’s billion dollar buyback of hotels it sold in 2007. Earlier, Bloomberg reported that Katara Hospitality, owned by Qatar’s sovereign wealth fund Qatar Investment Authority, is seeking to acquire five hotels from the UK’s InterContinental Hotels