A Hotel Upstart Steps Aside 

Dec 1, 2003, Stan Luxenberg

Now that master dealmaker Barry Sternlicht has announced his plans to step down as CEO of Starwood Hotels & Resorts Worldwide, the focus is on whether...

Starwood Appoints New Chief Financial Officer 

Dec 1, 2003, From staff and wire reports

One month after CEO Barry Sternlicht announced his resignation as CEO, White Plains, N.Y.-based hotel operator Starwood Resorts & Hotels has named Vasant...

Strong October Hotel Sales Fuel Optimism For Sector 

Nov 26, 2003, By Parke Chapman

October hotel sales outpaced all previous months this year by more than 10%, reports Kansas City, Mo.-based Hotel Brokers International. The closing of...

Report: Robust Holiday Season on Tap for Hotels 

Nov 18, 2003, From staff and wire reports

PricewaterhouseCoopers forecasts record lodging demand during the 2003 holiday season. The firm’s forecast of 9.1 million occupied room nights for the...

Starwood Names Robert Cotter President and COO 

Nov 11, 2003, By Parke Chapman

Starwood Hotels & Resorts Worldwide has named Robert F. Cotter President and COO of the White Plains, N.Y.-based hotel firm. The announcement comes two...

Starwood CEO Barry Sternlicht To Resign 

Oct 31, 2003, By Parke Chapman

Barry Sternlicht, CEO of global hotel owner Starwood Hotels & Resorts, is stepping down after running the firm for eight years. Sternlicht’s resignation...

Hotel Occupancy Climbs to Nearly 66% in Third Quarter 

Oct 27, 2003

The third quarter brought some good news about the lodging industry as national occupancy climbed to 65.6%. That represents a 2% increase over the third...

Report: Hotel Business To Receive Makeover Next Year 

Oct 10, 2003, From staff and wire reports

The U.S lodging industry will pour $3 billion into renovation projects next year, according to PricewaterhouseCoopers’ Hospitality & Leisure Practice....

Condos Help Seal Hotel Financing Deals 

Oct 1, 2003, By Steve Webb

With lenders today having virtually no appetite for large-scale resorts or convention hotels, developers in search of financing for high-end product are...

Inhospitable Hotel Management Contracts? 

Sep 1, 2003, Megan Rowe

Hamstrung by long-term management agreements signed during better economic times, some hotel owners are mounting legal challenges to revise contract terms....

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