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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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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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Robert FX Sillerman Admits Defeat

Robert Sillerman is a billionaire who decided to get into real estate investing, and has failed miserably – shockingly he has admitted defeat and is getting out of real estate.

Jul. 30, 2009 | Andrew Calvo | 0 comments | Continued
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What Happened to Hilton’s Denizen?

Ever since Starwood sued Hilton over their Denizen brand no word has come from either party about Denizen’s fate. I don’t think anyone expects Denizen to ever see the light of day at this point – but still.. What’s going on?

Jul. 10, 2009 | Andrew Calvo | 2 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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W Hotels Gets Its Own Fashion Director and Music Curator

W Hotels is about to announce two new positions: Fashion Director and Music Curator. Two positions that you’d never think to find in a international boutique hotel brand.

Jun. 30, 2009 | Andrew Calvo | 0 comments | Continued
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Metro Bank’s Failed Re-Launch

Commerce Bank Harrisburg’s conversion into MetroBank went live over the weekend – and it was a complete disaster, everything from paychecks not being recorded, tellers breaking down and crying, and debit cards suddenly being turned off. Metro Bank has a big PR headache which hopefully their customer friendly service will be able to recover from.

Jun. 16, 2009 | Andrew Calvo | 4 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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Commerce Bank/Harrisburg Conversion into Metro Bank is Underway

The eagerly awaited conversion of the Commerce Bank/Harrisburg brand into the new Metro Bank brand is finally beginning to become apparent to the regular folk who don’t exactly track Commerce/Metro like I do.
Last week, Commerce Bank/Harrisburg put out a press release stating that over the next two weeks the Commerce Bank logo and brand would [...]

Jun. 8, 2009 | Andrew Calvo | 6 comments | Continued
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Work Is Suspended on Hilton’s Denizen Brand

Things have gone from bad to worse for Hilton. They were recently served a subpoena for their actions involving Starwood, which has forced them to suspend all activity on the Denizen brand development as well as placing most of the employees involved in Hilton’s Prestige Portfolio on paid administrative leave – including Ross Klein and Amar Lalvani.

Apr. 21, 2009 | Andrew Calvo | 4 comments | Continued
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