Starwood Hotels & Resorts Worldwide (HOT) 76.93 $HOT
Marriott-Starwood Merger Approved by Saudi Arabia & Mexico
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:26AM CDT
Marriott International, Inc.'s (MAR) proposed takeover of Starwood Hotels and Resorts Worldwide (HOT) continues to move further.
TRIP: 68.59 (-1.13), EXPE: 114.26 (+0.86), MAR: 70.12 (-1.14), HOT: 76.93 (-0.87)
The Luxury Collection(R) Hotels & Resorts Unveils Transformed Pine Cliffs Resort
BusinessWire - Wed Jul 06, 7:17AM CDT
The Luxury Collection(R) Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), today announced the official re-opening of Pine Cliffs Hotel, a Luxury Collection Resort, Algarve. Owned by United Investments Portugal, the celebrated cliff-top retreat recently emerged from an all-encompassing 18 month renovation which restored the award-winning Pine Cliffs Hotel, alongside the addition of the new contemporary Pine Cliffs Ocean Suites. Together with Pine Cliffs Residence, the complex sits at the heart of Portugal's burgeoning luxury travel scene, further cementing the destination's appeal to sophisticated, discerning travellers. This is the latest treasure to be unveiled by The Luxury Collection as part of a multi-million dollar investment to restore the brand's most iconic hotels around the world.
HOT: 76.93 (-0.87)
Sheraton Hotels & Resorts Introduces Second Samoa Resort with Opening of Sheraton Samoa Aggie Grey's Hotel & Bungalows
BusinessWire - Tue Jul 05, 7:30AM CDT
Sheraton Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), today announced the opening of Sheraton Samoa Aggie Grey's Hotel & Bungalows, located on the island of Samoa in the south Pacific Ocean. The resort marks the Sheraton brand's second property in Samoa, following last year's debut of Sheraton Samoa Aggie Grey's Resort. Under the ownership of the distinguished Grey family in Samoa, Sheraton Samoa Aggie Grey's Hotel & Bungalows has completed a multi-million dollar renovation ahead of opening under the Sheraton flag, featuring extensive upgrades throughout the entire property.
HOT: 76.93 (-0.87)
Marriott's Acquisition Of Starwood Has Antitrust Authorization From Saudi Arabia And Mexico
PR Newswire - Sun Jul 03, 6:30PM CDT
Marriott International, Inc. (NASDAQ: MAR) today announced it has received authorization from competition authorities in Saudi Arabia and Mexico to proceed with its acquisition of Starwood Hotels & Resorts (NYSE: HOT) in a merger transaction.
MAR: 70.12 (-1.14), HOT: 76.93 (-0.87)
Starwood Expands Four Points by Sheraton Brand in Sydney
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 9:44AM CDT
Starwood Hotels & Resorts Worldwide, Inc. (HOT) has entered into an agreement with JL Parramatta Pty Ltd for developing Four Points by Sheraton Parramatta in Sydney.
RCL: 72.58 (-0.41), SNOW: 14.46 (-0.05), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
Starwood Hotels & Resorts Makes Historic Debut with the Opening of Four Points Havana
BusinessWire - Wed Jun 29, 7:17AM CDT
--#FourPointsHavana
HOT: 76.93 (-0.87)
Starwood Hotels & Resorts Expands Presence in Australia with the Signing of Four Points by Sheraton Parramatta
BusinessWire - Wed Jun 29, 7:00AM CDT
POINT 1: Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has signed an agreement with Sydney based developer, JL Parramatta Pty Ltd to open Four Points by Sheraton Parramatta in the cosmopolitan city of Sydney in Australia, Located at 89 George Street in Parramatta's Central Business District, the 271-room new build hotel is scheduled to open in 2018.
HOT: 76.93 (-0.87)
Marriott - Starwood Merger Deal Gets Clearance from EU
Zacks Equity Research - Zacks Investment Research - Tue Jun 28, 9:52AM CDT
Marriott International, Inc. (MAR) and Starwood Hotels and Resorts Worldwide (HOT) have declared that the European Union has given antitrust clearance to their pending merger.
SNOW: 14.46 (-0.05), MAR: 70.12 (-1.14), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
Marriott Receives Antitrust Clearance From The European Union To Acquire Starwood
PR Newswire - Mon Jun 27, 11:37AM CDT
Marriott International, Inc. (NASDAQ: MAR) and Starwood Hotels and Resorts Worldwide (NYSE: HOT) today announced they have received unconditional clearance from the European Union for Marriott to acquire Starwood in a merger transaction.
MAR: 70.12 (-1.14), HOT: 76.93 (-0.87)
Starwood's Aloft Brand First to Facilitate In-Room Streaming
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 5:12PM CDT
Starwood Hotels & Resorts Worldwide, Inc.'s (HOT) Aloft Hotel brand is the first one to introduce RoomCast, which is the "in" thing in technology and a future of in-room entertainment.
SNOW: 14.46 (-0.05), VAC: 70.20 (-1.51), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
Starwood's (HOT) Westin Brand Set to Expand in Australia
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 3:32PM CDT
Starwood Hotels & Resorts Worldwide, Inc. (HOT) has entered into an agreement with Sekisui House Australia for developing The Westin Coolum Resort & Spa in Queensland's Sunshine Coast.
SNOW: 14.46 (-0.05), VAC: 70.20 (-1.51), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
3 Hot Hotel Stocks to Check into This Summer
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 8:18AM CDT
Given the rise in business and leisure travel with the onset of summer, an improving economy and the overall improving employment numbers, the hotel industry is set to experience strong gains this season.
VAC: 70.20 (-1.51), MAR: 70.12 (-1.14), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
Aloft Introduces Groundbreaking New in-Room Streaming Services
BusinessWire - Wed Jun 22, 7:03AM CDT
If you stream it, they will come. That's what Aloft Hotels, Starwood Hotels & Resorts Worldwide, Inc.'s (NYSE:HOT) innovative hotel brand for today's hyper-connected global traveler, is betting on when it comes to the future of in-room entertainment. Introducing RoomCast Powered by Chromecast, a groundbreaking new streaming solution designed by TeleAdapt for the hotel industry and being offered first at Aloft. Starting today, Aloft New Orleans Downtown will begin to pilot this feature, with a plan for all 188 guest rooms to be fully outfitted with RoomCast by late summer. RoomCast makes it simple for guests to stream their favorite content, safely and securely, from their smart devices directly to their guest room televisions. No new account setups, just simple "point, click and you're in" technology.
HOT: 76.93 (-0.87)
Starwood Hotels (HOT) Opens Sheraton Hangzhou in China
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 10:07AM CDT
Sheraton Hotels & Resorts, a division of Starwood Hotels & Resorts Worldwide, Inc. (HOT), recently opened the Sheraton Grand Hangzhou Binjiang Hotel in Hangzhou, China.
SNOW: 14.46 (-0.05), VAC: 70.20 (-1.51), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
Interval Leisure Group and Starwood Hotels & Resorts Worldwide Provide Update on Stockholder Tax Matters Related to Acquisition of Vistana Signature Experiences
BusinessWire - Tue Jun 21, 7:55AM CDT
Interval Leisure Group, Inc. (NASDAQ: IILG) ("ILG"
and Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) ("Starwood", today announced that in connection with ILG's acquisition of Vistana Signature Experiences, Inc. ("Vistana" immediately after the spin-off of Vistana from Starwood on May 11, 2016, ILG has entered into a closing agreement, dated June 15, 2016, with the Internal Revenue Service concluding that (i) the Vistana common stock received by Starwood common stockholders in the spin-off and acquired by ILG in the acquisition is considered regularly traded on an established securities market for purposes of Sections 897 and 1445 of the Internal Revenue Code (collectively, "FIRPTA" and (ii) no withholding was required by ILG under FIRPTA on the transfer of ILG common stock to Starwood common stockholders as part of the acquisition. Based on the foregoing, Starwood and ILG believe that any gain realized on the exchange of Vistana common stock for ILG common stock in the acquisition by a non-U.S. holder who is treated for tax purposes as having owned 5% or less of the stock of each of Starwood and Vistana between and including March 28, 2016 (the record date for the spin-off) and May 11, 2016 should not be subject to tax under FIRPTA. Stockholders should consult their tax advisors as to the particular tax consequences to them of the transactions.
IILG: 17.12 (+0.01), HOT: 76.93 (-0.87)
Starwood Hotels & Resorts Expands Westin Brand in Australia with the Signing of the Westin Coolum Resort & Spa
BusinessWire - Tue Jun 21, 7:00AM CDT
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced it has signed an agreement with Sekisui House Australia to plan and operate The Westin Coolum Resort & Spa in Queensland's Sunshine Coast. Slated to open in 2021, the resort will be part of a proposed mixed use development featuring retail shops and boutiques, plus luxury apartments. Ideally located on pristine Yaroomba beach, The Westin Coolum Resort & Spa will be one of very few internationally branded beachfront resorts in Australia. Starwood will work closely with Sekisui House Australia throughout the planning and design processes for the hotel.
HOT: 76.93 (-0.87)
Sheraton Hotels & Resorts Unveils First New-Build Sheraton Grand Property in China's Hangzhou
BusinessWire - Mon Jun 20, 9:23AM CDT
Sheraton Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), today announced the opening of Sheraton Grand Hangzhou Binjiang Hotel, located in the heart of bustling business district of Hangzhou, China. The hotel is the first new-build property to join the brand's premier tier of hotels, selected for their enticing destinations, distinguished designs, and excellence in service and guest experiences. Owned by China Yintai Holdings Co., Ltd, Sheraton Grand Hangzhou Binjiang Hotel is recognized for its spectacular views of the city and the Qiantang River and its premium location. Sheraton Grand is one of many initiatives currently underway for Sheraton 2020, a comprehensive plan designed to solidify Sheraton as a leading global hotel brand of choice, everywhere.
HOT: 76.93 (-0.87)
The Search is On! Announcing the Seventh Annual Project: Aloft Star Competition
BusinessWire - Thu Jun 16, 7:02AM CDT
--Open Call Kicks off Today on LiveAtAloftHotels.com for North America & Latin America
HOT: 76.93 (-0.87)
Wyndham (WYN): Long-Term Prospects Bright, Risks Prevail
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 6:57AM CDT
On Jun 15, we issued an updated research report on Wyndham Worldwide Corporation (WYN).
WYN: 74.73 (-0.76), SNOW: 14.46 (-0.05), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
Starwood Continues to Shed Assets, Closes Sale of 2 Hotels
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 4:33PM CDT
Starwood Hotels & Resorts Worldwide, Inc. (HOT) announced that it has completed the sale of The St. Regis Florence and The Westin Excelsior Florence to Nozul Hotels & Resorts for 190 million Euros (which equals to $213 million USD approximately).
SNOW: 14.46 (-0.05), MAR: 70.12 (-1.14), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
Marriott-Starwood Merger Approved by Saudi Arabia & Mexico
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:26AM CDT
Marriott International, Inc.'s (MAR) proposed takeover of Starwood Hotels and Resorts Worldwide (HOT) continues to move further.
TRIP: 68.59 (-1.13), EXPE: 114.26 (+0.86), MAR: 70.12 (-1.14), HOT: 76.93 (-0.87)
The Luxury Collection(R) Hotels & Resorts Unveils Transformed Pine Cliffs Resort
BusinessWire - Wed Jul 06, 7:17AM CDT
The Luxury Collection(R) Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), today announced the official re-opening of Pine Cliffs Hotel, a Luxury Collection Resort, Algarve. Owned by United Investments Portugal, the celebrated cliff-top retreat recently emerged from an all-encompassing 18 month renovation which restored the award-winning Pine Cliffs Hotel, alongside the addition of the new contemporary Pine Cliffs Ocean Suites. Together with Pine Cliffs Residence, the complex sits at the heart of Portugal's burgeoning luxury travel scene, further cementing the destination's appeal to sophisticated, discerning travellers. This is the latest treasure to be unveiled by The Luxury Collection as part of a multi-million dollar investment to restore the brand's most iconic hotels around the world.
HOT: 76.93 (-0.87)
Sheraton Hotels & Resorts Introduces Second Samoa Resort with Opening of Sheraton Samoa Aggie Grey's Hotel & Bungalows
BusinessWire - Tue Jul 05, 7:30AM CDT
Sheraton Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), today announced the opening of Sheraton Samoa Aggie Grey's Hotel & Bungalows, located on the island of Samoa in the south Pacific Ocean. The resort marks the Sheraton brand's second property in Samoa, following last year's debut of Sheraton Samoa Aggie Grey's Resort. Under the ownership of the distinguished Grey family in Samoa, Sheraton Samoa Aggie Grey's Hotel & Bungalows has completed a multi-million dollar renovation ahead of opening under the Sheraton flag, featuring extensive upgrades throughout the entire property.
HOT: 76.93 (-0.87)
Marriott's Acquisition Of Starwood Has Antitrust Authorization From Saudi Arabia And Mexico
PR Newswire - Sun Jul 03, 6:30PM CDT
Marriott International, Inc. (NASDAQ: MAR) today announced it has received authorization from competition authorities in Saudi Arabia and Mexico to proceed with its acquisition of Starwood Hotels & Resorts (NYSE: HOT) in a merger transaction.
MAR: 70.12 (-1.14), HOT: 76.93 (-0.87)
Starwood Expands Four Points by Sheraton Brand in Sydney
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 9:44AM CDT
Starwood Hotels & Resorts Worldwide, Inc. (HOT) has entered into an agreement with JL Parramatta Pty Ltd for developing Four Points by Sheraton Parramatta in Sydney.
RCL: 72.58 (-0.41), SNOW: 14.46 (-0.05), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
Starwood Hotels & Resorts Makes Historic Debut with the Opening of Four Points Havana
BusinessWire - Wed Jun 29, 7:17AM CDT
--#FourPointsHavana
HOT: 76.93 (-0.87)
Starwood Hotels & Resorts Expands Presence in Australia with the Signing of Four Points by Sheraton Parramatta
BusinessWire - Wed Jun 29, 7:00AM CDT
POINT 1: Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has signed an agreement with Sydney based developer, JL Parramatta Pty Ltd to open Four Points by Sheraton Parramatta in the cosmopolitan city of Sydney in Australia, Located at 89 George Street in Parramatta's Central Business District, the 271-room new build hotel is scheduled to open in 2018.
HOT: 76.93 (-0.87)
Marriott - Starwood Merger Deal Gets Clearance from EU
Zacks Equity Research - Zacks Investment Research - Tue Jun 28, 9:52AM CDT
Marriott International, Inc. (MAR) and Starwood Hotels and Resorts Worldwide (HOT) have declared that the European Union has given antitrust clearance to their pending merger.
SNOW: 14.46 (-0.05), MAR: 70.12 (-1.14), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
Marriott Receives Antitrust Clearance From The European Union To Acquire Starwood
PR Newswire - Mon Jun 27, 11:37AM CDT
Marriott International, Inc. (NASDAQ: MAR) and Starwood Hotels and Resorts Worldwide (NYSE: HOT) today announced they have received unconditional clearance from the European Union for Marriott to acquire Starwood in a merger transaction.
MAR: 70.12 (-1.14), HOT: 76.93 (-0.87)
Starwood's Aloft Brand First to Facilitate In-Room Streaming
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 5:12PM CDT
Starwood Hotels & Resorts Worldwide, Inc.'s (HOT) Aloft Hotel brand is the first one to introduce RoomCast, which is the "in" thing in technology and a future of in-room entertainment.
SNOW: 14.46 (-0.05), VAC: 70.20 (-1.51), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
Starwood's (HOT) Westin Brand Set to Expand in Australia
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 3:32PM CDT
Starwood Hotels & Resorts Worldwide, Inc. (HOT) has entered into an agreement with Sekisui House Australia for developing The Westin Coolum Resort & Spa in Queensland's Sunshine Coast.
SNOW: 14.46 (-0.05), VAC: 70.20 (-1.51), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
3 Hot Hotel Stocks to Check into This Summer
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 8:18AM CDT
Given the rise in business and leisure travel with the onset of summer, an improving economy and the overall improving employment numbers, the hotel industry is set to experience strong gains this season.
VAC: 70.20 (-1.51), MAR: 70.12 (-1.14), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
Aloft Introduces Groundbreaking New in-Room Streaming Services
BusinessWire - Wed Jun 22, 7:03AM CDT
If you stream it, they will come. That's what Aloft Hotels, Starwood Hotels & Resorts Worldwide, Inc.'s (NYSE:HOT) innovative hotel brand for today's hyper-connected global traveler, is betting on when it comes to the future of in-room entertainment. Introducing RoomCast Powered by Chromecast, a groundbreaking new streaming solution designed by TeleAdapt for the hotel industry and being offered first at Aloft. Starting today, Aloft New Orleans Downtown will begin to pilot this feature, with a plan for all 188 guest rooms to be fully outfitted with RoomCast by late summer. RoomCast makes it simple for guests to stream their favorite content, safely and securely, from their smart devices directly to their guest room televisions. No new account setups, just simple "point, click and you're in" technology.
HOT: 76.93 (-0.87)
Starwood Hotels (HOT) Opens Sheraton Hangzhou in China
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 10:07AM CDT
Sheraton Hotels & Resorts, a division of Starwood Hotels & Resorts Worldwide, Inc. (HOT), recently opened the Sheraton Grand Hangzhou Binjiang Hotel in Hangzhou, China.
SNOW: 14.46 (-0.05), VAC: 70.20 (-1.51), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
Interval Leisure Group and Starwood Hotels & Resorts Worldwide Provide Update on Stockholder Tax Matters Related to Acquisition of Vistana Signature Experiences
BusinessWire - Tue Jun 21, 7:55AM CDT
Interval Leisure Group, Inc. (NASDAQ: IILG) ("ILG"
and Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) ("Starwood", today announced that in connection with ILG's acquisition of Vistana Signature Experiences, Inc. ("Vistana" immediately after the spin-off of Vistana from Starwood on May 11, 2016, ILG has entered into a closing agreement, dated June 15, 2016, with the Internal Revenue Service concluding that (i) the Vistana common stock received by Starwood common stockholders in the spin-off and acquired by ILG in the acquisition is considered regularly traded on an established securities market for purposes of Sections 897 and 1445 of the Internal Revenue Code (collectively, "FIRPTA" and (ii) no withholding was required by ILG under FIRPTA on the transfer of ILG common stock to Starwood common stockholders as part of the acquisition. Based on the foregoing, Starwood and ILG believe that any gain realized on the exchange of Vistana common stock for ILG common stock in the acquisition by a non-U.S. holder who is treated for tax purposes as having owned 5% or less of the stock of each of Starwood and Vistana between and including March 28, 2016 (the record date for the spin-off) and May 11, 2016 should not be subject to tax under FIRPTA. Stockholders should consult their tax advisors as to the particular tax consequences to them of the transactions. IILG: 17.12 (+0.01), HOT: 76.93 (-0.87)
Starwood Hotels & Resorts Expands Westin Brand in Australia with the Signing of the Westin Coolum Resort & Spa
BusinessWire - Tue Jun 21, 7:00AM CDT
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced it has signed an agreement with Sekisui House Australia to plan and operate The Westin Coolum Resort & Spa in Queensland's Sunshine Coast. Slated to open in 2021, the resort will be part of a proposed mixed use development featuring retail shops and boutiques, plus luxury apartments. Ideally located on pristine Yaroomba beach, The Westin Coolum Resort & Spa will be one of very few internationally branded beachfront resorts in Australia. Starwood will work closely with Sekisui House Australia throughout the planning and design processes for the hotel.
HOT: 76.93 (-0.87)
Sheraton Hotels & Resorts Unveils First New-Build Sheraton Grand Property in China's Hangzhou
BusinessWire - Mon Jun 20, 9:23AM CDT
Sheraton Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), today announced the opening of Sheraton Grand Hangzhou Binjiang Hotel, located in the heart of bustling business district of Hangzhou, China. The hotel is the first new-build property to join the brand's premier tier of hotels, selected for their enticing destinations, distinguished designs, and excellence in service and guest experiences. Owned by China Yintai Holdings Co., Ltd, Sheraton Grand Hangzhou Binjiang Hotel is recognized for its spectacular views of the city and the Qiantang River and its premium location. Sheraton Grand is one of many initiatives currently underway for Sheraton 2020, a comprehensive plan designed to solidify Sheraton as a leading global hotel brand of choice, everywhere.
HOT: 76.93 (-0.87)
The Search is On! Announcing the Seventh Annual Project: Aloft Star Competition
BusinessWire - Thu Jun 16, 7:02AM CDT
--Open Call Kicks off Today on LiveAtAloftHotels.com for North America & Latin America
HOT: 76.93 (-0.87)
Wyndham (WYN): Long-Term Prospects Bright, Risks Prevail
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 6:57AM CDT
On Jun 15, we issued an updated research report on Wyndham Worldwide Corporation (WYN).
WYN: 74.73 (-0.76), SNOW: 14.46 (-0.05), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
Starwood Continues to Shed Assets, Closes Sale of 2 Hotels
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 4:33PM CDT
Starwood Hotels & Resorts Worldwide, Inc. (HOT) announced that it has completed the sale of The St. Regis Florence and The Westin Excelsior Florence to Nozul Hotels & Resorts for 190 million Euros (which equals to $213 million USD approximately).
SNOW: 14.46 (-0.05), MAR: 70.12 (-1.14), BEL: 11.59 (+0.27), HOT: 76.93 (-0.87)
