Starwood Hotels & Resorts Worldwide
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Amid slowing first-quarter numbers, Starwood explores possible sale   28 Apr, 2015

Starwood Hotels & Resorts Worldwide, a company which operates some of the most powerful hotel brands in the industry, has reportedly hired investment bank Lazard to explore a full range of strategic and financial alternatives to increase shareholder value. This includes the possibility that the...More>>

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Peer-to-peer review sites an impetus for new soft brands   17 Apr, 2015

Sites such as TripAdvisor are allowing consumers to better vet hotels—and in doing so giving them the nerve to sometimes steer clear of more trusted brands when they wouldn't have before. The shift is slowly changing the hotel industry landscape and prompting questions of what a brand's value is...More>>

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In Tribute, Starwood, once again, goes after independent hotels   15 Apr, 2015

The writing was all over the wall in early March. That's when news broke that REIT Chesapeake Lodging Trust had closed on its acquisition of The Royal Palm in Miami. No huge deal; REITs buy hotels with high frequency. What was eye-catching was this line in the release: "The Trust entered into a new...More>>

Indus Hotels has plans to construct a dual-brand Aloft and Element hotel in a suburb of Columbus Newswire
Indus Hotels’ COO on Columbus dual-brand hotel   23 Mar, 2015

The $38-million Aloft-Element combination project seeks to appeal to multiple types of guestsMore>>

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Starwood puts three Fiji properties on the market   18 Mar, 2015

The assets will be sold with the benefit of a long-term management contract with Starwood, which has owned and managed the properties for many years. More>>

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Starwood to open 40 new hotels in Europe over five years   2 Mar, 2015

At the International Hotel Investment Forum in Berlin, Starwood Hotels & Resorts Worldwide announced today that it is on track to open more than 40 new hotels and resorts across Europe in the next five years, expanding its portfolio by almost 30 percent, with openings in both fast-growing and...More>>

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Starwood Capital to sell 11 De Vere, Principal Hayley UK hotels   25 Feb, 2015

The company has appointed Christie + Co to sell 11 De Vere hotels and seven Principal Hayley hotels, as well as the Oxford Witney, a Four Pillars hotel. The portfolio, known as Project Milan, reported revenues of £68 million last year. More>>

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Starwood's van Paasschen out as CEO—here's why   17 Feb, 2015

Starwood Hotels & Resorts Worldwide CEO Frits van Paasschen is out as chief of the company, replaced by Adam Aron on an interim basis. Here's the real reason why it's happening.More>>

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Westin appears destined for new Buffalo project   6 Jan, 2015

A Westin hotel appears bound for Buffalo, as Delaware North, the global food service and hospitality company, prepares to bring the brand to its new downtown corporate headquarters tower now under construction, reports Buffalo News. More>>

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Starwood sells Philadelphia Airport Complex to The Lightstone Group   22 Dec, 2014

Starwood Hotels & Resorts Worldwide has completed the sale of the Philadelphia Airport Complex to The Lightstone Group. It is located one mile from the Philadelphia International Airport and consists of three Starwood properties: the 252-room Sheraton Suites Philadelphia Airport, the 177-room Four...More>>




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