Hospitality mergers and acquisitions to pick up in 2006

02/27/2006 | Reuters

Mergers and acquisitions should pick up in 2006 as the industry continues on an upswing and record-high profits, according to a new report from PricewaterhouseCoopers. There could be between seven and 12 takeovers involving hospitality companies in the upcoming year, whereas there have been nine such transactions total in the past two years.

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