Travel

UK Investor Group Makes Move for Anbang’s Luxury Hotel Portfolio

Thomas Hawk  / Flickr

The JW Marriott Essex House in New York City is part of the portfolio many suitors are looking to acquire from Anbang Insurance Group. Thomas Hawk / Flickr

Skift Take: It looks like a bidding war is on for Anbang’s luxury hotel portfolio. Investor Richard Faber has turned to sovereign wealth funds to outspend the other investment groups jockeying to win the deal.

— Andrew Sheivachman

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