Articles tagged “Barry Sternlicht”

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.

Barry Sternlicht Faces Tough Investor Climate for Hotel Bargains

Hotels

Luxury Hotels Walk a Fine Line When Trying to Grow With More Non-Hotel Concepts

Hotel companies venturing into broader hospitality concepts isn't a new trend, but the rapid growth seen over the last decade is a warning sign to not go overboard. Exclusivity is what makes some of these brands appealing in the first place.

Luxury Hotels Walk a Fine Line When Trying to Grow With More Non-Hotel Concepts

Hotels

New SH Hotels CEO on Taking Founder Barry Sternlicht’s Vision to Next Level

SH Hotels & Resorts has a new CEO after his successor lasted only a few months. Beefing up the company's brand presence in the highly competitive lifestyle hotel sector is crucial to success.

New SH Hotels CEO on Taking Founder Barry Sternlicht’s Vision to Next Level

Coronavirus

Reintroducing Costly Hotel Brand Standards Threaten Owners Just Getting a Taste of Recovery

The U.S. hotel sector is performing relatively well this summer, but there is too much uncertainty heading into fall in cities that rely on business travelers. Hotel companies shouldn’t take a few months of strong performance as a signal to reintroduce brand standards and costly renovation mandates.

Reintroducing Costly Hotel Brand Standards Threaten Owners Just Getting a Taste of Recovery

Coronavirus

Starwood CEO Sternlicht Is Unapologetically Bearish on the Recovery of Conventions

Group business and convention bookings may be coming back to life, but we're years away from some of the world's largest hotels seeing regularly sold-out nights. Barry Sternlicht said it, in striking difference to some bullishness from his fellow travel execs this week.

Starwood CEO Sternlicht Is Unapologetically Bearish on the Recovery of Conventions

Airlines

Travel Execs Branson, Sternlicht Latest to Join SPAC Craze

The momentum for so-called SPACs, or blank check companies, shows no signs of slowing down with some high-profile names getting in on the action. Let the deals begin.

Coronavirus

SH Hotels New CEO on Taking Over for Founder Barry Sternlicht

SH Hotels & Resorts has many of the boutique qualities bigger brands covet, so its new CEO simply has to stay the course. But he also has to hit the ground running, quickly finding revenue substitutes for the depleted international travel sector.

SH Hotels New CEO on Taking Over for Founder Barry Sternlicht

Coronavirus

It’s Still A Waiting Game For Hotel Investors, As Owners Still Have High Valuations In Mind

It's nearly time for opportunistic investors like Starwood Capital's Barry Sternlicht to swoop in on distressed hotel assets, but they'd better have the pockets to stomach at least another year of no returns on investment.

It’s Still A Waiting Game For Hotel Investors, As Owners Still Have High Valuations In Mind

Coronavirus

Starwood CEO Touts Resiliency of Extended Stay Hotels During Pandemic

Extended stay hotels may be strong performers for Starwood Property Trust and Barry Sternlicht, but it may be years before the investment firm looks to deploy capital further into other hospitality sectors.

Starwood CEO Touts Resiliency of Extended Stay Hotels During Pandemic

Coronavirus

Starwood’s Barry Sternlicht Poised to Invest in Struggling Hotels When Time Is Right

Economic downturns can lead to opportunity and heavy deal volume in the hotel industry, but coronavirus puts a major question mark on what a property is worth under the travel industry's uncertain future.

Starwood’s Barry Sternlicht Poised to Invest in Struggling Hotels When Time Is Right