Call to sell Strategic Hotels is viable, analysts say

03/14/2013 | Hotel Management online · Wall Street Journal, The

The war of words between Strategic Hotels & Resorts and shareholder Orange Capital continues, as dismal fourth-quarter results prompted Orange Capital to repeat a call to liquidate the real-estate investment trust's assets in a sale. Analysts have said that Orange Capital's reasoning to urge a sale is solid, as selling the company's properties could generate proceeds in excess of the REIT's current share value.

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Hotel Management online · Wall Street Journal, The

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