Starwood Capital Group News
IHIF 2019: Starwood Capital Group takes HAMA Europe Asset Management Award
Starwood Capital Group has claimed the HAMA Europe Asset Management Award during the International Hotel Investment Forum, currently taking place in Berlin.
Starwood Capital Group completes sale of Louvre Hotels Group
Starwood Capital Group and Jin Jiang International Holdings have revealed the sale of Groupe du Louvre and its 100% indirect subsidiary Louvre Hotels Group has been completed. Through Starwood affiliate Star SDL Investment Co., Groupe du Louvre was sold to the Luxemburg-based subsidiary of Shanghai Jin Jiang International Hotels Development, for an amount of €1.3 billion.
Hyatt, Starwood form joint venture
Hyatt Hotels Corporation announced that a Hyatt affiliate entered into an agreement with affiliates of Haberhill and Starwood Capital Group Global to form a joint venture.
Starwood Capital Group announces sale of Hotel Lutetia to Alrov
Starwood Capital Group, a leading global private equity firm focused on real estate and energy investing, announced that its Groupe du Louvre affiliate has sold Hotel Lutetia to Alrov, a leading international real estate company.
Starwood Capital Bids On Las Vegas Riviera
Barry Sternlicht’s Starwood Capital Group LLC is bidding to take over Riviera Holdings Corp., four years after a bid he backed was rejected by shareholders.
Starwood Capital-Led Consortium Agrees to Invest Up to $905 Million in Extended Stay Hotels
Extended Stay’s Board Determines Proposal from Starwood Capital, TPG Capital and Five Mile Capital Partners is Superior to Previous Offer from Centerbridge Partners and Paulson & Co.