Problem: Both Starwood Hotels (Sheraton, W-hotels, and The Westin are some of their brands), and…

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Problem: Both Starwood Hotels (Sheraton, W-hotels, and The Westin are some of their brands), and Marriott own hotels and resorts in Venezuela. From the perspective of political risk, should these firms sell their properties in Venezuela? And, if a firm (for example: Starwood Hotels) decides to sell its properties in Venezuela, should one of the other firms (for example, Marriott) buy those properties?

Sources:

http://www.foxnews.com/story/0,2933,269702,00.html
http://www.freerepublic.com/focus/f-news/1550432/posts
http://news.bbc.co.uk/2/hi/8307234.stm

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