Starwood withdraws guidance for 2003 

Mar 26, 2003, By Parke Chapman

Starwood Hotels & Resorts Worldwide announced on Monday that it has withdrawn its first-quarter and full year 2003 guidance, citing the Gulf War’s effect...

Capitalizing on Timeshares 

Mar 1, 2003, By Joe Gose

The timeshare business, once considered the low-rent district of the lodging industry, now looks like a lifesaver for major hotel chains. While U.S. hotel...

Starwood reports 12% revenue increase for ’02 

Jan 31, 2003, By Parke Chapman

Although its near-term forecast is clouded by the United States’ potential conflict with Iraq, Starwood Hotels & Resorts Worldwide Inc. has reported a...

Will Sale of 14 Wyndham Hotels Break the Transaction Logjam? 

Jan 1, 2003, Matt Gove

If hotel sales finally rebound in 2003, market watchers may point to one of the last deals of 2002 as a crucial moment. In December, Dallas-based Wyndham...

Hotel Chains Take Back the Web 

Jan 1, 2003, By Beth Mattson-Teig

Discount Web sites have become habit-forming for hotel companies. Using sites such as Expedia, Travelocity and Priceline to fill empty hotel rooms with...

Pritzker: No plans to take Hyatt public — yet 

Dec 12, 2002, From staff and wire reports

Despite widespread speculation that the Hyatt hotel chain — owned by the influential Pritzker family of Chicago — may go public as part of the family’s...

Forecast 2003 

Dec 1, 2002, Matt Valley

As 2002 limps across the finish line, the men and women who run the commercial real estate industry are looking to the Middle East for hints of what 2003...

Hotels: Still Too Much Room at the Inn 

Dec 1, 2002, Steve Webb

No other corner of the commercial real estate industry has been victim to as many converging trends as the hotel sector: Corporations are cutting back...

Upscale Hotel Brands Headed for Smaller Towns 

Nov 1, 2002, Steve Webb

Can it be that the future of the Westin and Sheraton brands is in places like Normal, Ill.? It might sound unlikely, but Starwood Hotels & Resorts Worldwide...

Suburbia is the next frontier for Sheraton and Westin 

Oct 8, 2002, Steve Webb, Managing Editor

Starwood Hotels & Resorts Worldwide Inc. has unveiled a strategy to expand its upscale Westin and Sheraton brands into secondary and tertiary markets...

Big boost in convention business predicted for San Diego, San Francisco and Washington 

Sep 18, 2002, From staff and wire reports

New York-based UBS Warburg predicts that San Diego, San Francisco and Washington, D.C., are the markets that will experience the biggest increases in...

Hilton completes $520 million sale-leaseback 

Sep 4, 2002, From staff and wire reports

Hilton Group PLC has sold a 60% interest in 10 hotels in the United Kingdom to the Rotch Group and the Farnsworth Group, both based in London, for $520...

Seller Beware 

Sep 1, 2002, By Steve Webb, Managing Editor

THE BIGGEST HOTEL SALE so far this year Host Marriott Corp.'s $214 million purchase of the Boston Marriott Copley Place in June shows how the negotiating...

Slow Recovery at the Inn 

Aug 1, 2002, By Margy Sweeney

THE HOTEL BUSINESS ALREADY was faltering in the third quarter of 2001. Then, as the boom of the 1990s ran out of gas, the Sept. 11 terrorist attacks precipitated...

Previous | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | Next