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Business Wire (Free subscription) | yesterday
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) – the hotel industry’s most global company – today announces it will double its presence in Puerto Rico in the next year with the opening of the island’s first W and St. Regis hotels and its second Sheraton. Sheraton Puerto Rico Convention Center Hotel – the first full-service...
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G Luxe (Free subscription) | 11/07/2009
If you're a fan of Starwood properties, make sure to take advantage of their current sale where you can save up to 50 percent on select hotels. The offer ends on November 10th and is subject to restrictions. Book your stay here . via hotelchatter.com
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Cheapflights.com Flight News (Free subscription) | 11/06/2009
This isn’t the first time Starwood Hotels & Resorts has offered major discounts on their rooms (and we hope it won’t be the last). The latest promotion offers guests up to 50 percent off and is good at Starwood Hotels...
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HotelChatter - (Free subscription) | 11/06/2009
Put this on your weekend to do list: think about where you might like to spend the holidays or a winter getaway. If your answer is a Starwood property, and you're ready to charge what will be a non-refundable rate now, you could save yourself some serious holiday cocktail cash. Until November 10next Tuesdayyou can score up to 50% off the regular rates at a slew of Starwood...
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San Fransisco Chronicle (Free subscription) | 11/05/2009
Starwood Hotels & Resorts Worldwide Inc. said Thursday it closed on the sale of St. Regis New York's retail space for $117 million to investment group GFC Fifth Avenue LLC. Sale proceeds will go toward paying down debt. Starwood Hotels & Resorts Worldwide has... Starwood Hotels & Resorts Worldwide - Lodging - Hotels and Motels - Travel and Tourism - New York
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Luxist (Free subscription) | 11/06/2009
The Starwood sell off continues. Earlier this week it unloaded the Bliss spa brand to Steiner Leisure for $100 million. Now Starwood Hotels & Resorts Worldwide Inc has announced that it has sold 24,700 square feet of retail space in St. Regis New York hotel for $117 million. The brand plans to use the proceeds to pay down debt. Starwood sold the space to GFC Fifth Avenue LLC,...
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Business Wire (Free subscription) | 11/05/2009
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that the Company has closed on the sale of 24,700 square feet of retail space at the St. Regis New York to GFC Fifth Avenue LLC, an investment group led by the Chera family’s Crown Acquisitions, Lloyd Goldman and the Feil Organization. The sales price of $117 million represents...
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Business Wire (Free subscription) | 11/05/2009
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), announced today that it intends to offer, subject to market and other conditions, 10-year senior notes through an underwritten public offering. Starwood intends to use the net proceeds of the offering to purchase up to $200 million aggregate principal amount (subject to increase by Starwood)...
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Business Wire (Free subscription) | 11/06/2009
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that it has priced an underwritten public offering of $250 million of 7.150% Senior Notes due 2019. The notes were offered to the public at a price of 97.559% of principal amount. Starwood expects to use the net proceeds from the proposed offering to purchase up to $200 million...
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Business Wire (Free subscription) | 11/05/2009
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BB+' rating to Starwood Hotels & Resorts Worldwide Inc.'s (Starwood) senior notes due 2019. The company is proposing to issue $250 million of the ten-year notes. The Rating Outlook remains Negative. The notes will rank equally with Starwood's other unsecured and unsubordinated debt. The proceeds from the offering will...
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Seattle Post-Intelligencer (Free subscription) | 11/05/2009
WHITE PLAINS, N.Y. -- Starwood Hotels & Resorts Worldwide Inc. said Thursday it closed on the sale of St. Regis New York's retail space for $117 million to investment group GFC Fifth Avenue LLC.