Tag: baccarat
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.
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 [...]
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!
What Happened to Baccarat Anguilla?
Whatever happened to the Baccarat Anguilla Hotel & Residences? It was supposed to be the centerpiece of the Temanos Anguilla development, but all references to it have been removed from Baccarats website, and all references to Baccarat have been removed from Temanos Anguillas website too.
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