Articles tagged “starwood capital”

Daily Lodging Report

Starwood Capital to Transfer 10 Hotels to a SPAC

Starwood Capital Group signed a deal with SPAC Jaws Mustang Acquisition to merge. If completed, the SPAC will become the direct or indirect owner of Starwood entities’ interests in an initial portfolio of 10 properties, including the 1 Hotel Brooklyn Bridge.

1 month ago

Hotels

Extended Stay America Bets Comeback on Adding Franchise Brands

Suddenly every hotel group seems to be inventing an extended stay brand. But the pioneer U.S. company in the segment, Extended Stay America, says its new strategy will help it fend off rivals.

Sean O'Neill | 1 year ago

Extended Stay America Bets Comeback on Adding Franchise Brands

Hotels

Hotel Investors See New Promise in Long-Term Gap Between Supply and Shifting Demand

For the next few years, properties that deliver a differentiated experience will benefit because there is more demand than supply, hotel investors say.

Sean O'Neill | 1 year ago

Hotel Investors See New Promise in Long-Term Gap Between Supply and Shifting Demand

Hotels

New Field & Stream Hotel Brand Backed by Starwood Wagers on Outdoor Travel Growth

Congratulations, Mr. Sternlicht. You just invented motels. Econolodge without the econo. We look at the new brand's pitch deck.

Sean O'Neill | 1 year ago

New Field & Stream Hotel Brand Backed by Starwood Wagers on Outdoor Travel Growth

Hotels

Starwood’s SH Hotels Looks for Developers Aligned on Luxury and Sustainability

Starwood Capital has bet on two trends with SH Hotels. It seems likely that the rich will get richer, boosting demand for luxury hotels. It also seems likely climate change will worsen, increasing the demand for sustainability.

Sean O'Neill | 1 year ago

Starwood’s SH Hotels Looks for Developers Aligned on Luxury and Sustainability

Hotels

Blackstone, Starwood, Other Big Hotel Investors Prep for Dealmaking Rush Later This Year

When every investor in a sector says they're "cautiously optimistic," watch out.

Sean O'Neill | 1 year ago

Blackstone, Starwood, Other Big Hotel Investors Prep for Dealmaking Rush Later This Year

Hotels

Marriott Flexes Its Extended Stay Muscle

Don’t let the multibillion-dollar deals from Blackstone and Starwood Capital for brands like Extended Stay America cloud one's brand judgment. Marriott is the massive player in the extended stay hotel sandbox — and has a leg up in appealing to more lucrative business travel.

Cameron Sperance | 2 years ago

Marriott Flexes Its Extended Stay Muscle

Coronavirus

Blackstone and Starwood’s $1.5 Billion Deal Throws Fuel on Extended Stay

Investors liked the durability and continual operation of extended-stay hotels during the worst of the pandemic. But a $1.5 billion play for a portfolio and not even the entire WoodSpring Suites brand shows where investors see travel demand concentrating during the recovery.

Cameron Sperance | 2 years ago

Blackstone and Starwood’s $1.5 Billion Deal Throws Fuel on Extended Stay

Business Travel

Behind the WeWork IPO Financing It Hopes Takes the Target Off Its Back

The world’s most famous flexible co-working space provider has a new lease on life following its SPAC deal, but is its model still relevant for the post-pandemic workforce? Its backers are betting so.

Matthew Parsons | 2 years ago

Behind the WeWork IPO Financing It Hopes Takes the Target Off Its Back

Hotels

Barry Sternlicht Faces Tough Investor Climate for Hotel Bargains

Investors like Barry Sternlicht tout the hotel industry as an opportunistic place to park capital during the travel recovery. But discounts aren’t coming in as steep as some hoped thanks to Uncle Sam and forgiving lenders.

Cameron Sperance | 3 years ago

Barry Sternlicht Faces Tough Investor Climate for Hotel Bargains