Marriott buys Starwood Hotels for $12.2 billion
Marriott International announced today that it has acquired Starwood for $12.2 billion, creating the world’s largest hotel chain, bringing together such famous institutions as Ritz-Carlton, More...
Hyatt in talks to buy Starwood Hotels
Shares of Starwood Hotels and Resorts jumped about 5% Wednesday after a report that Hyatt Hotels was in advanced talks to buy the company. The negotiations have been going on for weeks and could be announced More...
Starwood Hotels & Resorts Worldwide Shares Drops by -1.3%
FT reports today hedge funds have increased their interest in Starwood Hotels & Resorts Worldwide, raising pressure on the owner of the Sheraton and W Hotels chains to split or sell itself The company’s More...
Barry Sternlicht’s Starwood, Intercontinental Hotels, held early deal talks – FT
Financial Times reported on Thursday the InterContinental Hotels (IHG.L) and rival Starwood Hotels (HOT.N) have held early deal talks. The informal talks are very tentative and Starwood may choose another suitor More...
Barry Sternlicht’s 1 Hotels, Brand on an Eco-Friendly Mission
Barry Sternlicht, the legendary real estate investor and creator of W-Hotel boutique design brand, is making another big splash in the branded hotel segment by rolling out his new 1 Hotels brand. The hotel More...