SH Group

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Starwood Capital Signs Binding Agreement For Golden Tulip Purchase

On July 3rd Starwood Capital signed a binding agreement for the purchase of Golden Tulip Hospitality, merging the company with their Louvre Hotel Group.

Jul. 4, 2009 | Andrew Calvo | 0 comments | Continued
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Starwood Capital Purchases Golden Tulip Hotels

I think we’ll be seeing more of this in the near future – but on Friday Starwood Capital announced their intentions to purchase Golden Tulip Hotels. This seems like it’s going to be a complete purchase of the company – management contracts, company owned hotels, and any future deals that Golden Tulip may be involved [...]

Jun. 14, 2009 | Andrew Calvo | 2 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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Rumors of 1 Hotels Demise Are Greatly Exaggerated

Further proving that development hasn’t stopped on the 1 Hotel brand – a new flash animation has appeared on the main 1 Hotels website.

May. 13, 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