Tag: Starwood Hotels

Wall Street Journal Wrong About Lightstone? I Don’t Think So.

| December 15, 2008 | 0 Comments

Extended Stay Hotels released a statement reiterating their current financial situation is fine – but not completely disputing the future money issues which the brand may experience as the WSJ had reported. Is Extended Stay trying to hide the truth by not really lying?

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Lightstone To Lose Extended Stay, So What Happens Next?

| December 8, 2008 | 6 Comments

Looks like Lightstone Group may lose their Extended Stay Hotels to the banks. After purchasing the brand in 2007 for $8 billion with only $1 billion down, the economic downturn might not allow them to continue making debt payments and the banks want to prevent bankruptcy.

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What Happened to Baccarat Anguilla?

| November 26, 2008 | 0 Comments

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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