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Starwood Capital Group Acquires The Roxburghe Hotel

Starwood Capital Group Acquires The Roxburghe Hotel

GREENWICH, Conn.—Starwood Capital Group announced that it has acquired, through a controlled affiliate, The Roxburghe, a landmark hotel in Edinburgh, Scotland. Terms of the transaction were not disclosed. The Roxburghe comprises a series of townhouses originally built in 1791, as ...

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Starwood Hotels’ Element Brand to Debut in Syracuse

Starwood Hotels’ Element Brand to Debut in Syracuse

STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide Inc. announced that its Element brand is headed to Syracuse, N.Y. Element Syracuse Inner Harbor will open in early 2018 as part of a massive waterfront redevelopment project along the former Barge Canal. Element ...

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Hotels See Growth in Bookings Across Travel Segments

Hotels See Growth in Bookings Across Travel Segments

NEW YORK—Hotels in major North American markets are continuing to experience steady growth in both rate and occupancy across travel segments, according to data from the July 2014 TravelClick North American Hospitality Review (NAHR). “While the transient segment has been ...

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Aloft Hotels Expand in Silicon Valley With Aloft Sunnyvale

Aloft Hotels Expand in Silicon Valley With Aloft Sunnyvale

STAMFORD, Conn.– Starwood Hotels & Resorts Worldwide, Inc. announced that its tech-forward Aloft brand will soon add a second hotel in Silicon Valley. Set to open in December 2014, Aloft Sunnyvale will feature 85 spacious loft-like rooms, forward-thinking technology, a ...

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FelCor Completes Exchange of 10 Joint Ventures Hotels

FelCor Completes Exchange of 10 Joint Ventures Hotels

IRVING, Texas—FelCor Lodging Trust Incorporated announced that it unwound joint ventures that owned 10 non-strategic hotels. Through an exchange of interests, FelCor now owns five of those hotels outright, and its joint venture partner owns the other five. The company ...

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