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My Thoughts on Dubai

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

Nov. 30, 2009 | Andrew Calvo | 4 comments | Continued
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Starwood Hotels Moving Headquarters 20 Minutes Away to Stamford, CT

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”.

Nov. 20, 2009 | Andrew Calvo | 1 comment | 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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Metro Bank UK Ramping Up Promotions

Metro Bank UK looks like its finally coming to fruition. A number of unoccupied retail locations in London are now sporting advertising promoting “Love Your Bank”.

Nov. 14, 2009 | Andrew Calvo | 1 comment | Continued
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1Hotels.com Finally Gets A Refresh

Starwood Capital’s 1Hotel.com website did a light renovation – demonstrating that the brand is not forgotten or canceled.

Oct. 19, 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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Everyone is Jumping the Gun on the Cosmopolitan in Las Vegas

There has been of reports that Hilton will be managing and branding the new Cosmopolitan Casino and Resort in Las Vegas – but I think the odds of that are nil to none due to the Starwood/Hilton Lawsuit.

Jul. 29, 2009 | Andrew Calvo | 0 comments | Continued
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MGM Mirage Working on ‘MX’ and ‘Emblem’ Hotel Brands

MGM Mirage has been working on two new hotel brands for their MGM Mirage Hospitality Group – no word yet when they will appear, or even if both brands will appear, but the information I’ve managed to find out is still pretty interesting and demonstrates a new direction that MGM is looking to go in.

Jul. 2, 2009 | Andrew Calvo | 1 comment | Continued
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13 Story Shanghai Apartment Building Topples Over – In One Piece

A brand new 13-story apartment building in Shanghai toppled over and landed in one piece in Shanghai China this weekend. A remarkable example of the need for strong foundation footings in a building, as well as the fact that the building didn’t disintegrate upon landing.

Jun. 29, 2009 | Andrew Calvo | 2 comments | Continued
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Dark Side of Dubai

Dubai is one of those places where it seems that nothing in real estate and development can go wrong. Things are slowing down there, but there is still much more optimism in Dubai than there is in the rest of the world – and I think it’s a little too much and the developers, and the government isn’t being realistic enough.

Jun. 23, 2009 | Andrew Calvo | 0 comments | Continued
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