Kimpton

Recent reports of InterContinental Hotels Group PLC (ADR) (NYSE: IHG)'s potential buyout of Fairmont Hotels confirms MKM Partners' belief that the hotel industry is positioned for further consolidation. MKM believes that InterContinental’s fee business is underappreciated....

According to a USA Today report, Virgin Media's Billionaire head Richard Branson is looking to cut into the high-end hotel market. The first locations on the list are New York, Miami, and Los Angeles. Branson collaborated a partnership with other investors to form Virgin Hotels, which plans to...