Articles tagged “starwood capital”

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.

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?

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.

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.

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

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.

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.

Extended stay hotel sector is holding up well as the economy recovers, and more such deals should be expected.