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Unconfirmed: Starwood the target of Chinese Hotel Groups

 
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Old Jul 24, 2015, 2:48 am
  #1  
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Unconfirmed: Starwood the target of Chinese Hotel Groups
"A source closer to the merge divulged that the newly-merged super hotel group is eyeing heavyweight Starwood Hotels and Resorts for global expansion. “If it managed to acquire Starwood, it would mean China will have the largest global hotel group in the world. The Jin Jiang-Plateno merger is just the forerunner,” he said."

http://www.4hoteliers.com/news/story/14583
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Old Jul 24, 2015, 7:32 am
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I'm not a M&A expert but could this be potentially good news for SPG loyalists vs having the company taken over by someone like IHG? I think the overall concern with an IHG takeover would be the devaluations we would likely see in the SPG program (since the IHG program is generally perceived to be less "rewarding"). If they are taken over by this group wouldn't it seem likely that they would leave the SPG program alone since it doesn't seem to be their core competency? Just thinking out loud.
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Old Jul 24, 2015, 8:12 am
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personally i dont want starwood to be merged with any chinese hotel company!!!

american government should ban this sort of action.
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Old Jul 24, 2015, 8:20 am
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Interesting developments

Plateno’s 298,000 rooms and Jin Jiang 177,000 combined with SPGs 339000 rooms would give them 814K rooms, about 20% larger than IHG!


http://listovative.com/top-10-larges...-in-the-world/
1. IHG - 686873
2. Hilton - 678630
3. Marriott - 653719
4. Wyndham - 645423
5. Choice - 602663
Starwood ranked 7th with 339243 rooms in 1161 properties
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Old Jul 24, 2015, 10:01 am
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Originally Posted by 3rdworldresident
personally i dont want starwood to be merged with any chinese hotel company!!!

american government should ban this sort of action.


Wow.

Probably need to wake up to the fact that we all live in a global economy. Plus, the link that the OP provided clearly indicated significant US based VC backing for Plateno, whom I'm sure did fine in the recent deal.
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Old Jul 24, 2015, 11:24 am
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Starwood being bought by a company owned by the Chinese government? No, thanks.
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Old Jul 24, 2015, 11:28 am
  #7  
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Interestingly, Plateno has an exclusive license from Hilton to develop the Hampton Inn brand in China.
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Old Jul 24, 2015, 12:22 pm
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Originally Posted by LETTERBOY
Starwood being bought by a company owned by the Chinese government? No, thanks.
I wonder how many folks realize every time you go through a mainland China airport the government can - and in many cases does - upload all the data from your smartphone, iPad, laptop, etc...?

I shudder to think what Chinese government ownership could mean for its worldwide hotel portfolio.

Cheers,
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Old Jul 24, 2015, 12:54 pm
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Originally Posted by Flews
I wonder how many folks realize every time you go through a mainland China airport the government can - and in many cases does - upload all the data from your smartphone, iPad, laptop, etc...?

I shudder to think what Chinese government ownership could mean for its worldwide hotel portfolio.

Cheers,
So can the US government (CBP)...

I've flown in and out of China multiple times and have never seen anyone getting their data searched so the "in many cases" you claim is untrue. Chinese airports are as busy if not more than US airports. I'm sure it happens but only if you are on their naughty list, just like in the US.
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Old Jul 24, 2015, 1:24 pm
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Originally Posted by zerolife
So can the US government (CBP)...

I've flown in and out of China multiple times and have never seen anyone getting their data searched so the "in many cases" you claim is untrue. Chinese airports are as busy if not more than US airports. I'm sure it happens but only if you are on their naughty list, just like in the US.
You would have no idea if they did it to you.

And, yes, it's true. Don't really care if you believe it or not.

Cheers,
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Old Jul 24, 2015, 2:03 pm
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Originally Posted by Flews
I wonder how many folks realize every time you go through a mainland China airport the government can - and in many cases does - upload all the data from your smartphone, iPad, laptop, etc...?

I shudder to think what Chinese government ownership could mean for its worldwide hotel portfolio.

Cheers,
Oh no, does that mean every time I stay at an Aloft the politboro in Beijing will know my fantasy football waiver wire pickups for the next week?
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Old Jul 24, 2015, 2:41 pm
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Originally Posted by Flews
You would have no idea if they did it to you.

And, yes, it's true. Don't really care if you believe it or not.

Cheers,
I didn't think this was possible if the device was turned off.
Got any links to explain how this works and how to protect oneself for those of us who are cyber stupid?
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Old Jul 24, 2015, 3:29 pm
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Originally Posted by Flews
I wonder how many folks realize every time you go through a mainland China airport the government can - and in many cases does - upload all the data from your smartphone, iPad, laptop, etc...?
You watch Fox News too much.
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Old Jul 24, 2015, 3:51 pm
  #14  
 
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Unconfirmed: Starwood the target of Chinese Hotel Groups
Did the topic of this thread change to government spying?
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Old Jul 24, 2015, 5:22 pm
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Originally Posted by christianj
Did the topic of this thread change to government spying?
No, it didn't change.
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