IHG Not In Talks With Starwood

London England (hospitalitybusinessnews.com) After much speculation in the press IHG has issued a statement regarding it’s possible combination with Starwood.

“Following recent market speculation, the Board of Directors of IHG states that it is not in talks with Starwood with a view to a combination of the businesses.”

In May 2015 newspapers in the UK were reporting a possible IHG deal with a “US Suitor”   , although nothing came of it at the time.

With Starwood currently up for sale the rumor mill is running full speed ahead. The current options are:

– Wyndham will buy Starwood – Probably the most likely

– Jin Jiang Hotels of China – Looks like they have money this could be a buyer for Starwood

– Blackstone – They have just sold La Quinta, they are lowering their holdings in Hilton. Probably a long shot thought. They would be more likely to buy Baha Mar in the Bahamas.

– Or Would Starwood Capital come and make a play?

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