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Archive for November, 2009

My Thoughts on Dubai

Andrew Calvo | November 30, 2009 | 4 Comments

Just some of my thoughts on Dubai’s monetary woes..

History of Starwood Capital’s Louvre Hotel Group

Andrew Calvo | November 29, 2009 | 0 Comments

Small excerpt from a GulfNews.com article which gives a quick and short history of how the Louvre Hotel Group has expanded by purchasing different hotel brands through the centuries (yes, century).

iStar Financial Takes Over Asbury Partners

Andrew Calvo | November 26, 2009 | 0 Comments

I’ve written about Asbury Park’s redevelopment in the past, because of my personal attachment to the town I grew up in (even if it wasn’t the greatest place for a kid to ride his bike around the block). Asbury Park always seems to be on its way to a renaissance, and then some external factor comes and sets it back a few years.

I’ve just learned that Asbury Partners, the Master Developer of the town has essentially been foreclosed upon by its lender: iStar Financial. With that, iStar is taking over the Master Developer designation. Sounds great right?

Well – unless I’m mistaken.. iStar is a real estate finance company. Not a developer.

Starwood Hotels Moving Headquarters 20 Minutes Away to Stamford, CT

Andrew Calvo | November 20, 2009 | 1 Comment

After a 3 1/2 year search, Starwood Hotels is moving their headquarters to Stamford, CT in January 2012 in a building that Starwood is calling a “brand showcase”.

B.R. Guest & Starwood Capital Open the Post Card Inn on the Beach

Andrew Calvo | November 19, 2009 | 0 Comments

B.R. Guest & Starwood Capital (with Starwood being a behind the scenes player) have opened up the Post Card Inn on the Beach in St. Petes Beach, Florida. This is a surfing, beached themed hotel in a converted TravelLodge which is going after the budget conscious vacationer.

Will this be a new hotel brand for B.R. Guest (and Starwood Capital) or will this be a single location with a great theme?

Read on..