Starwood bid hints at Chinese global property push

Anbang's $12.8 billion bid for the New York-listed hotel chain extends its property-buying binge and highlights margin pressures as competition between Chinese insurers heats up.

Anbang Insurance Group's $12.8 billion bid for New York-listed hotel chain Starwood Hotels & Resorts Worldwide comes as Chinese insurers struggle with fierce competition, falling returns, and slower economic growth at home.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media