Starwood Capital strikes multi-property deal with The Londoner’s Edwardian Group
The private equity firm has acquired 10 new properties for an undisclosed sum.
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Starwood, Daimler, Saks, Karma, ski resort real estate and HBC – Live news
Luxury Daily’s live news from Jan. 4 – Starwood security breach damage is less than expected; Daimler future proofs, heightens fuel cell technology development; Saks brings some much-needed island glow to New York; Aston Martin exec moves to luxury EV group; Sellers reap benefits of low inventory in ski areas: Christie’s; HBC chairman to control 70pc of company after shares acquisition.
Day’s wrap: Starwood, Daimler, Saks, Karma, ski resort real estate and HBC
Luxury Daily’s live news from Jan. 4 – Starwood security breach damage is less than expected; Daimler future proofs, heightens fuel cell technology development; Saks brings some much-needed island glow to New York; Aston Martin exec moves to luxury EV group; Sellers reap benefits of low inventory in ski areas: Christie’s; HBC chairman to control 70pc of company after shares acquisition.
Starwood security breach damage is less than expected
Hospitality brand Marriott has released an update on its security breach for its Starwood Hotels, believing its original estimation of the impact to be higher than actuality.
Marriott International debuts Starwood Preferred Guests card with American Express
American Express and hotel group Marriott International are teaming up to provide guests at Starwood Hotels with the new Starwood Preferred Guest American Express Luxury Card.
Marriott, Ritz-Carlton, Starwood to merge loyalty programs
Marriott International is bringing together Marriott Rewards, The Ritz-Carlton Rewards and Starwood Preferred Guest into one unified loyalty program with standardized benefits.
Marriott International, Starwood’s “perfect marriage” keeps finger on pulse of affluent travelers
NEW YORK – Since forming the world’s largest hospitality brand in fall 2016, Marriott International has added significantly to its luxury portfolio and has additional high-end properties in the pipeline.
Marriott sees profit increase, 6,000th property added after Starwood acquisition
Hospitality group Marriott International reported a net income of $244 million, a 21 percent increase from the year-ago, for the fourth quarter of 2016 ended Dec. 31.
Marriott, Starwood extend rewards flexibility to loyalty credit cards
In the latest move since their merger, Marriott International and Starwood Hotels & Resorts Worldwide are further connecting their loyalty programs.
Realogy Franchise Group taps Starwood exec as president
Realogy Holdings Corp., the parent company of Sotheby’s International Realty and Coldwell Banker, has hired a hospitality veteran as its new president and chief operating officer of its franchise subsidiary.