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Former Starwood logo. Starwood Hotels and Resorts was originally formed by the real estate investment firm Starwood Capital to take advantage of a tax break; at the time the company was known as Starwood Lodging. [8] Initially, Starwood Lodging owned a number of hotels throughout North America, all under different brand names.
The St. Regis brand was launched in 1998, [5] when Starwood rebranded a former Ritz-Carlton property it had bought in Aspen, Colorado as The St. Regis Aspen. [6] In 1999, Starwood rebranded the Carlton Hotel in Washington, D.C. [7] and two more former Ritz-Carlton properties in Houston [8] and Philadelphia [9] as St. Regis hotels.
W Hotels was launched in 1998 with W New York, a conversion of the former Doral Inn hotel on Lexington Avenue, Manhattan. [2] [3] Barry Sternlicht, then CEO of Starwood Hotels and Resorts Hotels 1995–2005, created the brand. [4] The concept included dark, muted colors, brushed metal, hotel staff in black T-shirts, photographs, and a bar. [5]
The hotel chain just went from huge to giant after completing the yearlong 12.2 billion dollar purchase of Starwood Hotels. EXPLORE MORE: Most food chains are failing this crucial test.
Starwood Amphitheatre, a former outdoor music venue in the Nashville, Tennessee area; Starwood Capital Group, an American private investment firm; Starwood Festival, an annual Neo-Pagan, New Age, multi-cultural and world music festival; Starwood Hotels and Resorts, an American hotel and leisure company acquired by Marriott in 2016.
In 1983, Dunfey Hotels became Omni Hotels, and the hotel became the Omni Ambassador East. Omni renovated the hotel in 1999, at a cost of $20 million. [ 8 ] Omni sold the hotel in December 2005 to a joint venture of the Fordham Company , The Harp Group, and Mid-America Development Partners, [ 9 ] for $47 million [ 10 ] and the hotel returned to ...
Trump International Hotel and Tower NYC is the flagship property in the hotel collection. The luxury hotel, situated on the edge of Central Park, opened its doors on January 15, 1997.
In 2012, the company began construction of a chain of hotels under the name of Baccarat Hotels and Resorts, featuring crystal chandeliers from Baccarat. [13] In 2015, the firm sold its flagship Baccarat hotel in New York City. [14] In the same year, the group partnered with Toll Brothers to develop the Pierhouse at Brooklyn Bridge Park. [15]