crillon hotels

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History of Starwood Capital’s Louvre Hotel Group

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).

Nov. 29, 2009 | Andrew Calvo | 0 comments | Continued
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Starwood Looking To Sell Societe Du Louvre Hotels Piece by Piece

Starwood Capital’s sale of the Hotel de Crillon is on rocky ground as the purchaser – JJW Hotels and Resorts looks to be unable to complete the financing of the deal. Starwood Capital also seems to be heading toward selling each property individually so as to get a better return on investment for its investors due to the economy not providing the returns Starwood had once expected.

Sep. 6, 2009 | Andrew Calvo | 0 comments | Continued
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Starwood Capital Puts It’s Crillon Hotel On The Market

Starwood Capital placed the Crillon hotel in Paris on the market earlier this week, an extremely surprising move since Starwood has spoken so highly of the asset, and even intended to create a hotel brand based on the initial, historic location in Paris.

Jun. 10, 2009 | Andrew Calvo | 6 comments | Continued
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Starwood Capital’s 1 Hotels and Baccarat Brands Expanding First Into China

A story from the South China Morning Post states that Starwood Capital is investing $2 billion over the next 5 years in its 1 Hotel & Baccarat Hotel brands – in China. The story has so many conflicting statements, both within the story and based on news that’s occurred over the past few months.. I’m almost not sure to believe anything in the article!

Jun. 10, 2009 | Andrew Calvo | 0 comments | Continued
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Starwood Capital’s SH Group

Starwood Capital created a new company called “SH Group” with the intention to use that as a vehicle to franchise and manage their newly created hotel brands – 1 Hotels, Baccarat Hotels and Crillon.

Feb. 5, 2009 | Andrew Calvo | 2 comments | Continued
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Park Hyatt on Extell’s W 57th Property Discovered Through Sleuthing

Curbed.com & Steve Cuzzo from the NY Post found out that a Park Hyatt will be built on the property owned by Extell Development on W 57th Street, ending major speculation as to what will actually be built there.

Dec. 2, 2008 | Andrew Calvo | 0 comments | Continued
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Starwood Capital In Talks To Sell Some French Hotels

Update: According to Reuters, the hotels being purchased are the 12 Concorde Hotels in France. Hotel de Crillon, Hotel de Louvre, and Hotel Ambassador (which is being sold to another investor) are not included in the transaction. Most likely the other remaining Concorde Hotels will stay as-is, as Starwood is only selling the hotels – not [...]

Oct. 27, 2008 | Andrew Calvo | 0 comments | Continued
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Interesting News On Starwood Capital’s W. 57th Street Property

A little over a year ago, I had written a post about Starwood Capital’s speculated purchase of the Steinway Building located on W 57th Street in New York City. The Steinway Building is located right next to the Ritz Cleaners site, which Starwood had purchased previously, at the time it was assumed that Starwood would [...]

Sep. 3, 2008 | Andrew Calvo | 0 comments | Continued
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Barry Sternlicht at the NYU Conference

Sure sure, this is a little late – but hey – better late than never.
Well, in all seriousness, I purposly waited this long to write this post because whenever there is a major industry conference, unless there is a major announcement – the public only seems to hear bits and pieces of what industry leaders [...]

Jun. 17, 2008 | Andrew Calvo | 0 comments | Continued
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Why I Want To Work At Starwood Capital

Quite Simply: They are creating new experiences.
As I think we’ve all discovered if you read my blog often – I started this blog as a means to get hired at Starwood Capital (or Starwood Hotels), but primarily – Starwood Capital. Last week was the NYU Hotel Investment Conference and Barry Sternlicht was part of a round-table discussion, and [...]

Jun. 12, 2008 | Andrew Calvo | 0 comments | Continued