Hotels

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Starwood & Hilton seem to be close to settling on Denizen Lawsuit

Starwood & Hilton have come close to announcing a settlement in the ongoing Denizen/Trade Secrets lawsuit that was initially filed by Starwood earlier this year.

Dec. 1, 2009 | Andrew Calvo | 0 comments | Continued
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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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B.R. Guest & Starwood Capital Open the Post Card Inn on the Beach

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..

Nov. 19, 2009 | Andrew Calvo | 0 comments | Continued
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Barry Sternlicht Interviewed by Maria Bartiromo on Mentoring Madness during Global Entrepreneurship Week.

Barry Sternlicht was interviewed by Maria Bartiromo for the Mentoring Madness segment of the Global Entrepreneurship Week, provided a lot of insight into how he started Starwood Capital (broke and unemployed) and what his motivation is for 1 Hotels.

Nov. 16, 2009 | Andrew Calvo | 3 comments | Continued
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Marriott Creates “The Autograph Collection”

Marriott has announced a new “brand” called the Autograph Collection which will be made up of individual hotels keeping their own unique identity – but having the power of the Marriott affiliation behind them.

Nov. 14, 2009 | Andrew Calvo | 0 comments | Continued
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Echelon Place On Hold For At Least 3 Years

Boyd Gaming announced that they will not be resuming construction on Echelon Place on the Vegas Strip for at least 3 to 5 years.

Oct. 28, 2009 | Andrew Calvo | 0 comments | Continued
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Starwood vs Hilton Going to Grand Jury

Starwood’s lawsuit against Hilton about the stolen documents used to create the Denizen brand may be close to an end – but it may end up with Hilton and its former executives having criminal charges brought against them.

Oct. 7, 2009 | Andrew Calvo | 0 comments | Continued
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MGM Mirage Cutting City Center Project Condo Prices by 30%

MGM Mirage has finally bit the bullet and is reducing the prices of their condos at City Center by 30% – this seems to include both condos that have contracts out as well as condos not yet spoken for. This should speed up the process of closing on the existing contracts, as well as bringing new customers into the buying table.

Oct. 6, 2009 | Andrew Calvo | 0 comments | Continued
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Starwood Capital Shows Interest In Extended Stay Hotels

Its been awhile since if written anything – but I think its time to start up again.
Today’s big story (in my mind at least) is a Wall Street Journal article today that brought to light Starwood Capital’s new found interest in the Extended Stay bankruptcy battle. (I’m writing this directly from my blackberry so I [...]

Sep. 30, 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 Completes Golden Tulip Purchase

Pretty much on schedule, Starwood Capital did complete the purchase of Golden Tulip on July 31st.

From their press release:

Starwood Capital, through an affiliate, announces today that it has completed the acquisition of Golden Tulip Hospitality BV’s Franchise business, its Development & Representation businesses, Joint Venture interests, and the brands, trademarks and intellectual property of Golden Tulip, Tulip Inn and its related brands.

Aug. 17, 2009 | Andrew Calvo | 0 comments | Continued
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