Starwood Hotels & Resorts Worldwide
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Starwood Capital sells Paris' Meridien Etoile for healthy sum   9 Jun, 2014

Hotel investment firm Starwood Capital and the estate of the collapsed bank Lehman Brothers have sold the Meridien Etoile in Paris for a reported $380.5 million. Cedar Capital Partners, which advised on the 2005 sale of the Savoy in London, also advised on this transaction.More>>

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Starwood outlines plans for Aloft/Element project in Boston   6 Jun, 2014

Starwood Hotels & Resorts Worldwide has announced plans for a dual-branded hotel development in Boston, encompassing a 330-room Aloft and 180-room Element. The development is set to open in 2016, and be located across the street from the Boston Convention & Exhibition Center. More>>

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Done deal: Louisville building sale paves way for Aloft   23 May, 2014

The former Marine Electric Co. Inc. headquarters property in Lousville, Ky., at First and Main streets, has been sold, allowing for a new 175-room Aloft hotel to move forward. The Aloft project was announced last October. Louisville developer Steve Poe is behind the project.More>>

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Starwood expanding Stamford, Conn., headquarters   23 May, 2014

Starwood Hotels and Resorts will spend $30 million to expand its headquarters in Stamford, The AP reports, aided by a state loan of up to $5 million and $20 million in state tax credits. More>>

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Milan's Excelsior Hotel Gallia joins Starwood's Luxury Collection   19 May, 2014

The Excelsior Hotel Gallia in Milan will join Starwood Hotels & Resorts Worldwide's The Luxury Collection portfolio. The hotel, owned by Katara Hospitality, will open this November following an extensive renovation. The opening will mark The Luxury Collection’s seventh hotel in Italy. More>>

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Construction pipelines in Europe and Middle East continue their decline   9 May, 2014

Widespread austerity measures and sluggish economies have contributed to a decline in construction pipeline in the European and Middle Eastern markets.More>>

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Russia's richest woman targets Westin hotel in Dublin   5 May, 2014

Russia's proclaimed richest woman, Elena Baturina, he billionaire owner of the Morrison Hotel in Dublin, is reportedly interested in the Westin hotel in the city, set to come to market shortly. More>>

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First Aloft in western Canada opens   24 Apr, 2014

The newly converted Aloft Calgary University underwent a multimillion-dollar renovation and now offers 143 guestrooms. The hotel also includes 4,000 square feet of meeting space, a full-service day spa, spin studio and specialty restaurant. University Hotels Ltd. owns the hotel.More>>

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First Delaware Westin opens    17 Apr, 2014

PM Hospitality Strategies along with officials from a joint-venture ownership group comprised of Buccini/Pollin Group and Westport Capital, have opened the 180-room Westin Wilmington in Delaware.More>>

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Starwood completes sale of Aloft Tucson University   9 Apr, 2014

Starwood Hotels & Resorts Worldwide has completed the sale of Aloft Tucson University in Arizona to Lightstone Value Plus Real Estate Investment Trust II for $19 million. The hotel will remain an Aloft under a long-term license agreement. It will be managed by Island Hospitality Management. More>>

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