Articles tagged “starwood capital”

Starwood CEO Touts Resiliency of Extended Stay Hotels During Pandemic

Starwood CEO Touts Resiliency of Extended Stay Hotels During Pandemic

Cameron Sperance, Skift

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.

1 month ago

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

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

Cameron Sperance, Skift

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.

4 months ago

What Hotel CEOs Are Saying About Amazon and Google’s Growing Influence in Travel

What Hotel CEOs Are Saying About Amazon and Google’s Growing Influence in Travel

Deanna Ting, Skift

Disruption in the travel industry is a universal constant, and we can certainly expect Amazon and Google to continue that tradition. An even more interesting question to ask ourselves for the moment: Why aren't Google and Apple doing more to get their smart devices into hotel rooms like Amazon is?

2 years ago

InterContinental Hotels Boosts Luxury Presence in UK

InterContinental Hotels Boosts Luxury Presence in UK

Patrick Whyte, Skift

Starwood Capital's sale of a luxury/upscale portfolio represented a good opportunity for InterContinental Hotels to expand its luxury footprint in the UK. CEO Keith Barr obviously thinks there's plenty of room for growth in the sector.

2 years ago

Blackstone, Starwood and Others Eye Upscale Hotels Owner

Blackstone, Starwood and Others Eye Upscale Hotels Owner

Gillian Tan, Bloomberg

Mergers and acquisitions between hotel brands was just the start. Expect to see more mergers take place between the hotel owners and real estate investment trusts going forward.

2 years ago

Yotel Is Getting $250 Million From Starwood Capital to Fuel Expansion

Yotel Is Getting $250 Million From Starwood Capital to Fuel Expansion

Deanna Ting, Skift

It's a smart move on Barry Sternlicht's part to diversify his portfolio of hotel brands, especially when pod-style hotels are growing in popularity and interest among developers and consumers alike.

3 years ago

Starwood Founder Launches New Extended Stay Brand Uptown Suites

Starwood Founder Launches New Extended Stay Brand Uptown Suites

Deanna Ting, Skift

Everyone, including Starwood founder Barry Sternlicht, it seems, is seeing the tremendous value of investing in the extended stay space.

3 years ago

Starwood Capital and Fosun Consider Ascendas Hospitality Bids

Starwood Capital and Fosun Consider Ascendas Hospitality Bids

Vinicy Chan, Pooja Thakur and Joyce Koh, Bloomberg

The smartest financial players in hotels are buying real estate these days, not shedding assets.

5 years ago

InterContinental Stock Benefits From News Hyatt Is Pursuing Starwood

InterContinental Stock Benefits From News Hyatt Is Pursuing Starwood

Ross Larsen, Bloomberg

On paper IHG makes sense as a a partner. But common sense doesn't rule M&A.

5 years ago

Starwood Hotels Founder Says Airbnb Is ‘Changing the Landscape’

Starwood Hotels Founder Says Airbnb Is ‘Changing the Landscape’

Jason Clampet, Skift

Airbnb will share taxes under certain conditions, as long as those conditions don't require it to tell local authorities if hosts are in compliance with local laws.

5 years ago

Business Travel Driving Expansion of Louvre Hotels Group in Africa

Business Travel Driving Expansion of Louvre Hotels Group in Africa

Olivier Monnier, Bloomberg

Brands such as Louvre, which already operate in parts of Africa, Latin America, and Asia, that larger hotel brands ignore, are best positioned to act on African business travel growth.

7 years ago

Times Square’s newest hotel brand will be announced within two months

Times Square’s newest hotel brand will be announced within two months

Hotel investors play coy with a reference to a “W-type hotel,” but considering Starwood Capital’s history we know it will be another high-quality property that sees a multi-million dollar investment.

8 years ago