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Starwood Capital Group Acquires Four Pillars Hotels

Starwood Capital Group Acquires Four Pillars Hotels

GREENWICH, Conn.—A fund affiliated with Starwood Capital Group, a global private investment firm, announced that it has acquired UK hotel owner and operator Four Pillars Hotels. The transaction includes a portfolio of five owned and leased hotels and one managed ...

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Edition Hotel Planned for Times Square

Edition Hotel Planned for Times Square

Despite taking some time to get off the ground, it looks like investor interest in Marriott’s Edition brand is growing. Following the sale of three Edition properties—located in London, Miami, and Manhattan—to owners affiliated with the Abu Dhabi Investment Authority, ...

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Starwood Signs Le Meridien Indianapolis

Starwood Signs Le Meridien Indianapolis

NEW YORK—Starwood Hotels and Resorts Worldwide announced that its Le Méridien brand will soon add Indianapolis to its growing North American portfolio. Le Méridien Indianapolis will debut in November following a $9.5 million renovation of The Historic Canterbury Hotel, a ...

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IHG to launch first Hotel Indigo in Indonesia

IHG to launch first Hotel Indigo in Indonesia

JAKARTA—InterContinental Hotels Group (IHG) has announced the signing of Hotel Indigo Bali Seminyak in Indonesia with PT Bali Perkasa Sukses—a subsidiary of PT Agung Podomoro Land Tbk (APLN), one of the largest real estate developers in Indonesia. The 280-key resort ...

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Hyatt Place Opens Third Houston Area Hotel

Hyatt Place Opens Third Houston Area Hotel

CHICAGO—Hyatt Hotels Corporation and New Horizons Hospitality announced the opening of Hyatt Place Houston/The Woodlands, the third Hyatt Place in the Houston area. “The Woodlands is a fast-growing Houston suburb with a diverse resident and business base, as well as ...

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