Originally Posted by
BOSTransplant
I'm not sure it's fair to call it a Wall Street fail. Either a merger or an acquisition would do what the investors want, which is increase the value of the company and its shares.
It's a fail using wall street metrics/expectations. It's a fail for its under performance. In the past 5 years, HOT +42%, MAR +106% and IHG +66%. In the past 2 years, HOT +7%, +MAR 24% and IHG +13%.
HOT was failing it's investors, and unable to "correct" itself.
The thing some people aren't grasping is that HOT's investors and SPG members/elites are two completely separate entities with different goals and desires. Just because something is harmful or beneficial to one group doesn't necessarily mean it's going to be the same to the other group. A buyout or merger helps the interests of the investors, but not necessarily us members/elites.
Concur. I'll also add that some people aren't grasping that change was necessary to bring add'l value (whether it was business model change or a sale/merger), and that change would negatively impact it's customers.