Anbang Insurance checks in to the Starwood Hotels deal!

Proof that a deal is never completed until the final legal contracts have been signed has once again been demonstrated with the 11th hour bid for Starwood Hotels by China's Anbang Insurance that has literally emerged overnight.

Blackstone checking out of Hilton in largest IPO exit of 2013 to date

Yesterday saw the worldwide hotel chain Hilton Hotels file for an IPO, a deal which is far and away the largest flotation this year to be offering private equity shareholders a partial exit.

Morgans Hotel Group board check in to review their options

Yesterday saw the board of Morgans Hotel Group, the New York based hotel operator, formally announce that it plans to review its “strategic options”.