Marriott Sues Miami Beach Hotel Owner Over Takeover Attempt
This article is for subscribers only.
Marriott International Inc., the largest publicly traded U.S. hotel chain, sued the owner of the Eden Roc Renaissance Hotel in Miami Beach over accusations it attempted a hostile takeover of the hotel.
The suit accuses Miami-based Eden Roc of trying unsuccessfully to oust Renaissance Hotel Management Co. as manager of the hotel during an “egregious raid in the pre-dawn hours” on Oct. 14, according to a complaint filed yesterday in New York State Supreme Court in Manhattan.