A New Age of Acquisitions in Hospitality & Tourism: The Bidding War to Acquire Starwood
Keywords
Mergers and Acquisitions (M&As); Finance; Strategic Management; Hotel; Marriott and Starwood; Anbang
Abstract
Mergers and acquisitions (M&As) have mesmerized and fascinated both professional experts and academia alike over time, resulting in a series of classic but abstract theories trying to explain why M&As take place. Based on a recent monumental bidding war to acquire Starwood, this case study provides students with an opportunity to have a deep but intuitive understanding of four classic M&A theories: Efficiency Theory, Monopoly Theory, Valuation Theory, and Empire-building Theory. Additionally, this case will train students in both qualitative and quantitative analyses of information from news reports, corporate analytics, and pertinent financial data to contextualize the nature of M&As.
Publication Date
1-1-2018
Document Type
Article
Language
English
Source Title
Journal of Hospitality and Tourism Cases
Volume
6
Issue
4
Copyright Status
Unknown
College
Rosen College of Hospitality Management
STARS Citation
Hua, Nan; Mejia, Cynthia; and Wei, Wei, "A New Age of Acquisitions in Hospitality & Tourism: The Bidding War to Acquire Starwood" (2018). Faculty Scholarship and Creative Works. 693.
https://stars.library.ucf.edu/ucfscholar/693
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