Quantcast
Channel: Business Wire Contract/Agreement News
Viewing all articles
Browse latest Browse all 9892

Starwood Hotels & Resorts Continues Asset-Light Strategy with the Sale of The St. Regis Florence and The Westin Excelsior Florence

$
0
0
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has closed on the sale of The St. Regis Florence and The Westin Excelsior Florence to Nozul Hotels & Resorts, the owner of The Gritti Palace, Venice and W Doha Hotel, and a wholly owned subsidiary of “Jaidah Holdings” for €190 million (approximately $213 million USD). Starwood will continue to operate the hotels under the St. Regis and Westin brand flags under new l


Viewing all articles
Browse latest Browse all 9892

Trending Articles