Strategic Hotels & Resorts Inc. (BEE), owner of Manhattan’s JW Marriott Essex House, is under pressure from Orange Capital LLC to consider a sale. Morgans Hotel Group Co. (MHGC), an operator of boutique properties, is being targeted by both billionaire Ron Burkle and an activist firm after a shareholder ouster of its board. Chatham Lodging Trust (CLDT) last month rejected a takeover bid from a top investor that is considering more moves.

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