M&A Activity Heats Up Lodging

August 9 - Globe St.com - The US lodging industry has experienced an unprecedented level of merger and acquisition activity during the first half of 2007. Healthy industry operating metrics, along with an abundant amount of institutional and private debt and equity capital, has resulted in significant numbers of corporate entity and property level deals. Several recent M&A deals have been record setting, including the recently announced $26 billion acquisition of Hilton Hotels Corp. by the Blackstone Group. Read More.