A Las Vegas developer and its partners are eyeing Anbang’s hotel portfolio. Lockwood Development Partners has expressed interest in buying 15 hotels from the Beijing-based company, the New York Post reported. Franchisees of Hilton, Marriott, Four Seasons and InterContinental are in the Everhardt bidding group. Anbang, which was recently taken over by the Chinese government, owns 18 hotels in the U.S. The developer said Anbang is asking for bids based on the rate of return […]
source https://therealdeal.com/2018/08/23/las-vegas-developer-is-interested-in-buying-anbangs-hotels/
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