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Chinese Companies Compete for Starwood Bid

At least three big Chinese companies are competing for Beijing’s approval to bid for Starwood Hotels & Resorts, reports The Wall Street Journal. Shanghai Jin Jiang International Hotels, HNA Group, and China Investment Corp. have each presented proposals to the ...

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Sam Zell Sells Apartments to Starwood for $5.4 Billion

Sam Zell has agreed to sell more than 23,000 apartments from his Equity Residential company to Starwood Capital Group for $5.4 billion, reports The Wall Street Journal. This sale is roughly a quarter of the units in Equity Residential’s portfolio. ...

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Interval Leisure Rumored to Buy Starwood’s Timeshare Unit

Interval Leisure Group Inc. is reportedly in talks to purchase Starwood Hotels & Resorts Worldwide’s vacation-ownership business, according to The Wall Street Journal. The deal would value between $1 billion and $1.5 billion, and aligns with Starwood’s plan to spin ...

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Starwood Names DirecTV Preferred Video Provider

Starwood Hotels & Resorts has announced an agreement designating DirecTV Starwood’s preferred hotel and audio provider in the United States. With this agreement, in-room entertainment options will be expanded to allow new access to NFL Sunday Ticket programming. Starwood properties ...

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Survey Shows Best Reward Program Returns

A new study has placed Marriott at the top for its loyalty program, reports The Wall Street Journal. The study found a 54 percent higher loyalty program payback on average from a stay at Marriott than at a Starwood property. ...

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The Palace Hotel Completes $40 Million Renovation

The Palace Hotel Completes $40 Million Renovation

SAN FRANCISCO—Part of Starwood Hotels & Resorts, the Luxury Collection Hotels & Resorts with its owner partner, Kyo-ya Hotels & Resorts, today announced the completion of the extensive $40 million renovation of The Palace Hotel. The San Francisco hotel features ...

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