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Anbang Closes on Strategic Hotels Properties

Anbang Insurance Group has closed on its acquisition of Strategic Hotels & Resorts' portfolio from the Blackstone Group, with just one more property out...

Anbang Plans to Close Waldorf Astoria for Condo Conversion

New York's well-known Waldorf Astoria is about to receive a major revamp, as Chinese owner Anbang Insurance Group plans to convert as much as...

Anbang Retreat Raises China M&A Questions

When Anbang Insurance Group unexpectedly walked away last week from its planned $14 billion offer for Starwood Hotels & Resorts, it left plenty of...

Anbang Abruptly Pulls Starwood Offer

The Starwood sale saga appears to be coming to a close now that Anbang Insurance Group has withdrawn its $14 billion bid to acquire...

Will Marriott Make Another Starwood Bid?

After nearly completing a deal that took four months of preparation, Marriott International is again at risk of losing Starwood Hotels & Resorts to...