Billionaire Ortega’s Occidental Hotels Said to Get Offers | bloomberg.com

Occidental Hotels & Resorts, the hotelier owned by billionaire Amancio Ortega and Spain’s second-largest bank, has attracted interest from companies including AMResorts and Playa Hotels & Resorts, two people with knowledge of the matter said. The two U.S.-based hotel and leisure operators were among several first-round bidders, said the people, who asked not to be named because the process is private.