Starwood Hotels and Resorts Worldwide is to open a W Hotel in Amman after agreeing a deal with Jordanian property developer Saraya. The 280 room property will open in 2011 and it will be located at Saraya’s new headquarters. The W Amman will be the brand’s fourth hotel in the Middle East; a W Hotel [...]
Starwood Hotels & Resorts Worldwide, Inc. announces today that The Westin Roco Ki Beach & Golf Resort is on schedule to open in May 2008. Destined to become one of the world’s most spectacular luxury properties, the 337-room resort will be located directly on a dedicated four-mile stretch of white sand beach in Punta [...]
Starwood Capital Group today announced that the recently launched “1†Hotel and Residences, the world’s first luxury, eco-friendly global hotel brand, will open New York City’s first five-star green hotel on West 40th Street in Manhattan, across from Bryant Park. The “1†Hotel and Residences will be part of a proposed 31-story mixed-use green tower [...]
Earlier this month, the Edge Group announced that it was canceling the planned W Las Vegas mixed-use project. First proposed in 2005 for a 2008 opening, the project plan included 3,000 condo hotel units, 10 restaurants and nightclubs, a 75,000 square foot casino, and 300,000 square feet of convention and meeting space.
The project had grown [...]
U.S. hoteliers and casino operators have set their sights on expanding overseas, particularly in Asia, but opinions differ on which sectors present the least economic and political risk.
Hilton Hotels Corp. is targeting India and China as it reaches further outside the United States, following the acquisition last year of its international namesake.
“The international business is [...]
LaSalle Hotel Properties announced it will report financial results for the fourth quarter 2006 and its outlook for 2007 on Thursday, February 22, 2007 after the market closes. The company will conduct its quarterly conference call on Friday, February 23, 2007, at 10:00 AM ET.
To participate in the conference call, please follow the steps listed [...]
U.S. companies Harrah’s Entertainment and Starwood Hotels & Resorts Worldwide will team up with developer Baha Mar Resorts Ltd. to build a $1.6 billion resort complex in the Bahamas.
The six-hotel, 3,550-room resort will feature a 95,000 square-foot casino and an 18-hole golf course on 1,000 acres of land on Nassau’s Cable Beach, the companies said [...]
Starwood Hotels & Resorts Worldwide Inc.’s fourth-quarter profit rose 28 per cent on increased room revenue and higher operating margins. The hotel operator issued an upbeat full-year forecast and its shares rose more than 2 per cent.
CEO Steven Heyer said the end of the year marked the first time management and franchise fees became the [...]
Jumeirah, the fast growing Dubai-based luxury hotel group and member of Dubai Holding, has been appointed to manage the first new luxury resort to be built in Bermuda in 35 years, pending approval by government agencies.
With contemporary, innovative design and the highest levels of amenities, the Jumeirah Southlands Resort will dramatically raise global awareness of [...]
A downtown hotel has been rebranded with the Sheraton name.
The 361-room Marriott Austin Capitol at 701 E. 11th St. is now the Sheraton Austin Hotel. The property is Starwood Hotels & Resorts Worldwide Inc.’s first in the Austin market.
Norwalk, Conn.-based HEI Hotels & Resorts purchased the hotel, making it the company’s 25th [...]
The superstar Atlantis hotel and resort in Nassau, Bahamas, will get a superstar challenger in 2011 when the $2 billion Baha Mar Resort opens.
Atlantis is on Paradise Island, adjacent to Nassau. Baha Mar will be on 1,000 acres on the main island of Providence.
Baha Mar will have a Caesar’s resort with a 95,000-square-foot Harrah’s casino [...]
A Virginia-based hotel company plans on bringing its new, select-service hotel chain to Cool Springs.
Interstate Hotels & Resorts (NYSE: IHR), based in Arlington, Va., announced the formation of a joint venture with The John Buck Co., a Chicago-based commercial real estate developer, to build up to 10 hotels across the country, including one in [...]
