Starwood eyeing Whitbread
Whitbread, the UK leisure group, yesterday declined to comment on reports of a hostile takeover bid by Starwood Capital, the US real estate investment firm that owns the Sheraton and Westin hotel brands. Whitbread began a review of its business earlier this year, and is set to sell its Beefeater and Brewers Fayre chains.
Source: The Independant, London
Any implications for Marriott's UK hotels?