Starwood signs the 223-key Aloft Seoul Myeongdong, the second Aloft hotel in Seoul, South Korea.
Owned by Shin Chang, the new-build hotel is slated to open in February
Starwood’s Aloft brand opens its first hotel in Scottsdale, Arizona. Owned and managed by Triyar Hospitality, the hotel recently completed a US$4 million conversion to reposition as an
Starwood will significantly expand its Element Hotels portfolio in North America.
On track to more than double its North America footprint over the next three years, Element will open another
Starwood’s Le Méridien brand will open in Dania Beach, Fort Lauderdale, in partnership with owner and prominent US real estate developer Charles S. Cohen.
Le Méridien Fort Lauderdale Airport
Starwood Hotels & Resorts Worldwide and Marriott International said the stockholders of the companies voted to approve Marriott’s acquisition of Starwood to create the world’s largest hotel company.
Marriott International reaffirmed its commitment to acquire Starwood Hotels & Resorts Worldwide, saying it is confident that the previously announced amended merger agreement is the best course for both companies.
Starwood said Monday it was weighing an improved takeover bid from a group led by Chinese insurer Anbang rivalling its agreed deal with Marriott International.
In the latest turn in
Marriott International has made a roaring comeback in its battle to build the world’s biggest hotel group, winning Starwood’s green light for an improved bid and pushing Chinese