http://www.passionsofazealot.com/2009/11/20/starwood-hotels-moving-headquarters-20-minutes-away-to-stamford-ct/ by Andrew Calvo Mon, 07 Nov 2011 22:03:22 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.passionsofazealot.com/2009/11/20/starwood-hotels-moving-headquarters-20-minutes-away-to-stamford-ct/comment-page-1/#comment-10046 France Thu, 28 Jan 2010 15:39:17 +0000 http://www.passionsofazealot.com/?p=858#comment-10046 What do you make of the bad press in the Lefigaro over Starwood Hotels suffering greatly after the 2005 Taittinger acquisition? All the hotels are flooded in the marketplace for sale, the pending lawsuit over the Crillon with Sheikh Mohammed bin Issa Al Jaber, the fact all buyers for these hotels which require major renovation, will never see the day light of normal bids as they have been pitched for a long time to buyer who were willing to buy them in 2007/2008 yet Barry wanted even high prices. Seems to me the USA press do not follow this 2.6B transaction which is cratering and will cost Starwood a relationship of credibility in europe. Bacarrat is suffering and no growth of that brand or into hotels, THe perfume company loosing money, hotels running into the ground and senior hotel management running for the doors. Given Barry has a little breathing room on restructuring of the debt, the clock is ticking and putting on the front of 'Nothing is forsale but everything si for sale at the right price' investors are not buying it. So, given your love for this group, why not update us on the brilliant strategy? In the Le Figaro (www.lefigaro.fr) search Starwood for the article and translate it. What do you make of the bad press in the Lefigaro over Starwood Hotels suffering greatly after the 2005 Taittinger acquisition? All the hotels are flooded in the marketplace for sale, the pending lawsuit over the Crillon with Sheikh Mohammed bin Issa Al Jaber, the fact all buyers for these hotels which require major renovation, will never see the day light of normal bids as they have been pitched for a long time to buyer who were willing to buy them in 2007/2008 yet Barry wanted even high prices. Seems to me the USA press do not follow this 2.6B transaction which is cratering and will cost Starwood a relationship of credibility in europe. Bacarrat is suffering and no growth of that brand or into hotels, THe perfume company loosing money, hotels running into the ground and senior hotel management running for the doors. Given Barry has a little breathing room on restructuring of the debt, the clock is ticking and putting on the front of ‘Nothing is forsale but everything si for sale at the right price’ investors are not buying it. So, given your love for this group, why not update us on the brilliant strategy? In the Le Figaro (www.lefigaro.fr) search Starwood for the article and translate it.

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