Sale of Carlson Hotels.
A business owner starts looking for a buyer when the company is performing well and worth a lot, or when going it alone begins to look scary.
Both of those scenarios are likely behind the decision of Carlson to consider its options for its Radisson brand and the rest of its hotel operation.
It might seem contradictory, that it’s both a great and worrisome time to be in the hotel business. But the industry has been performing particularly well lately, driving up valuations, at the same time trends could soon make it more difficult for smaller players to compete.
Taken together, the facts certainly suggest that it is wise for Carlson to at least take a look.
The Minnetonka-based company declined to discuss its thinking. What’s known about its plans comes from a report in the Wall Street Journal, based on unnamed sources, that the investment banking firm Morgan Stanley is helping to explore strategic options.
Full article recommended by Joseph Kennedy Owner/President at Crystal Investment Property, LLC