Find our most recent stories tagged by their locations. Click here for more story locations.
Posted: 19 Sep 2009 | 10:29 am
One the world top private held hotel companies Hyatt Hotels Corporation is set to go public with an offering that industry analysts have pegged may generate US$1.15 billon for the owners. Hyatt and the Carlson Group (Radisson/Park Plaza/Regent/TGI Fridays) were long term hold out's during the Wall Street boom of the past decade and it appears the family issues amongst the controlling Pritzker family may be more at play than financial motivation.
Looking at a post offering scenario Pritzkers who currently retain 85% of the company with Goldman Sachs and a firm back of a Wal-Mart heir take up the remaining portion. While the Pritzker family disputes are well documented during the past few years, the current offering allows the family to retain control during a controlled release and sale of shares.
Whether Hyatt could be a target by another global chain or a recapitalized group may become a predator on acquiring another chain remains yet to be seen. None the less for now Hyatt going forward will indeed be forced to concentrate on a growth strategy which places a larger emphasis on earning and share value; and be cast rudely into the likes of battling with the Starwood's, IHG and ACCOR'S looking to make profits in a declining market.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
A recent Channel News Asia television segment Boomtown Asia checked into the island's environmental, and sustainable tourism sectors.
The innovative Evening Breeze environmental cooling system is gaining global attention in the resort markets and villas.
CENTEL 36.50 - 1.25 %
DTC 61.50 + 3.50 %
ERW 4.98 - 0.17 %
GRAND 1.54 - 0.04 %
LRH 40.00 - 2.00 %
MANRIN 27.50 + 0.25 %
MINT 26.50 - 0.50 %
ROH 24.00 0.00 %
SHANG 61.00 - 3.00 %
Library of published hospitality, tourism and property market intelligence.
Hotel Branded Residences in Asia by C9 Hotelworks
PHUKET GAZETTEHow Same-Same Drove me Insane
PROPERTY REPORT SOUTH EAST ASIAWaiting for the Big Sleep