starwood hotels & resorts
Transactions by STARWOOD HOTELS & RESORTS (S1V) in the last 6 months
Denver Hospitality L.P. acquired Element Denver Park Meadows from Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) for $15.5 million on July 7, 2015.
Host Hotels & Resorts, Inc. (NYSE:HST) acquired Phoenician Resort from Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) for $400 million in cash on June 8, 2015. Starwood will continue to operate the hotel under The Luxury Collection® brand flag.
Nozul Hotels & Resorts acquired The Gritti Palace from Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) for approximately €110 million on May 12, 2015. Under the terms of the agreement, Starwood Hotels & Resorts Worldwide Inc. will continue to operate The Gritti Palace under The Luxury Collection brand flag under a new long-term management agreement. HVS Hodges Ward Elliott acted as real estate advisor for Nozul. Francesco Gianni and Massimiliano Macaione of Gianni ...
An unknown buyer acquired four property portfolio Aloft-Hotel from Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) on May 5, 2015. Dan Peek, John Bourret and Austin Brooks of HFF acted as the real estate agent for Starwood Hotels & Resorts Worldwide Inc.
AWH Partners, LLC and Building and Land Technology Corp. acquired The Westin Dallas Park Central from FelCor Lodging Trust Incorporated (NYSE:FCH) and Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) on February 12, 2015. In a related transaction, FelCor Lodging Trust sold Embassy Suites Hotel Raleigh-Crabtree. The combined deal value for Embassy Suites Hotel Raleigh-Crabtree and 60% stake In The Westin Dallas Park Central is $63.6 million. FelCor will use the sale ...
Building and Land Technology Corp.
Starwood Hotels & Resorts Worldwide Inc.
The Board of Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) announced the spin-off of the Vistana business on February 10, 2015. The transaction, which is expected to be tax-free to Starwood shareholders, will be effected through a pro rata distribution of a new entity’s stock to existing Starwood shareholders. The vacation ownership business reported revenues of approximately $640 million in 2014. Matthew Avril, who retired as President of Starwood’s Hotel Group ...
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