Starwood Hotels & Resorts Worldwide
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Merger rumors drive up international brand stocks   16 Jul, 2015

Yesterday, rumors began spreading about a pending $31-billion-plus luxury international hotel brands merger, driving up stock prices of several companies.More>>

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Starwood sells Element Denver Park Meadows for $15.5M   7 Jul, 2015

​Starwood Hotels & Resorts Worldwide has sold the Element Denver Park Meadows to Denver Hospitality II, LLC. for $15.5 million. The hotel will continue to be affiliated with Starwood Hotels & Resorts and its Starwood Preferred Guest program.More>>

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Singapore-based REIT acquires Element hotel in Manhattan   2 Jul, 2015

Singapore's Ascott Residence Trust is buying in New York. The REIT is reportedly set to acquire the 411-room Element New York Times Square West hotel for $163.5 million. It would mark the group's first U.S. acquisition. The hotel will continue to be operated under the Element brand through a...More>>

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Starwood files for planned spin-off of vacation ownership business   16 Jun, 2015

Starwood Hotels & Resorts Worldwide announced another step toward the planned spin-off of its vacation ownership business into a separate publicly traded company. Starwood Vacation Ownership (SVO), which will be named Vistana Signature Experiences upon completion of the spin-off transaction, has...More>>

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Ultima Hospitality acquires Sheraton outside Boston   10 Jun, 2015

Chicago-based hotel investment and managment company Ultima Hospitality has announced the closing and acquisition of the Sheraton Needham Hotel in Needham, Mass. The 247-room hotel recently completed an extensive renovation of the guestrooms and public spaces. The purchase price was not disclosed.More>>

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Starwood rolls out 10-point plan to reinvent Sheraton brand    1 Jun, 2015

Sheraton 2020, a nod to the plan’s five-year vision, includes a new $100 million Sheraton-focused marketing campaign; the launch of the new premier tier, Sheraton Grand; the implementation of revenue and profit-driving initiatives to benefit owners and developers; and a goal of opening more than...More>>

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Starwood reports strong NA growth, uptick in midscale development   29 May, 2015

Starwood Hotels & Resorts Worldwide is on a hot streak. That's according to the company, which said it has achieved its strongest first five months of the year for deal signings since 2008. This year, Starwood will reach its 600th hotel milestone in North America, which remains the company’s...More>>

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Starwood entering Myanmar with Sheraton brand   28 May, 2015

Starwood Hotels & Resorts Worldwide is making a big play in Southeast Asia with the announcement of a Sheraton planned for Myanmar. The 375-room Sheraton Yangon Hotel will be owned by Family Business Group Hotel Limited, and pushes the brand’s Asia-Pacific portfolio to 73 hotels and 37 resorts.More>>

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Starwood makes leadership changes and announces Middle East plans   8 May, 2015

The company announced a global shake-up of its leadership, starting with the appointment of John Peyton to the new role of SVP, brands and shared services. It also plans to double its portfolio in the Middle East, opening 50 hotels by 2019.More>>

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HFF closes sale of four-property Texas Aloft hotel portfolio   5 May, 2015

Holliday Fenoglio Fowler, L.P. has closed the sale of a four-property Aloft-branded hotel portfolio with 549 rooms in the Dallas-Fort Worth and San Antonio, Texas, areas. More>>




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