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Articles tagged “starwood capital”

Coronavirus

Blackstone and Starwood Boost Offer for Extended Stay Ahead of Vital Shareholder Vote

Blackstone and Starwood Capital blinked, bowing to critics on what they deemed a lowball offer for Extended Stay America.

Blackstone and Starwood Boost Offer for Extended Stay Ahead of Vital Shareholder Vote

Coronavirus

Hilton Shows Investing in Lifestyle Hotels Isn’t Solely About the Trendy

Lifestyle hotels come in many forms, with some focused more on the hip and trendy while, others like Hilton see it as an opportunity to scale up more experiential and food-focused properties around the world. Long story short: we still don't have a textbook definition for what a lifestyle hotel actually is.

Hilton Shows Investing in Lifestyle Hotels Isn’t Solely About the Trendy

Coronavirus

Why Did Extended Stay America Settle for a Lowball $6 Billion Takeover Bid?

Extended Stay America's significant hotel ownership, an industry anomaly these days, drove it to sell, or at least that was the C-suite argument. Buildings are getting old and need a lot of money to renovate. Major shareholders aren't buying that argument.

Why Did Extended Stay America Settle for a Lowball $6 Billion Takeover Bid?

Hotels

Blackstone and Starwood Plan $6 Billion Extended Stay America Takeover

Blackstone and Starwood Capital keep returning to Extended Stay America, but their partnership acquisition here shows the two firms see many more deals ahead as reason to keep capital on hand.

Blackstone and Starwood Plan $6 Billion Extended Stay America Takeover

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

Hotels

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

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?

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

Hotels

InterContinental Hotels Boosts Luxury Presence in UK

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.

InterContinental Hotels Boosts Luxury Presence in UK

Hotels

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

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.

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