Word: starwood
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...magnitude of deals-- in volume and size--is unprecedented, said Andrew Nussbaum, a partner at Wachtell, Lipton, Rosen & Katz, which has represented such firms as Apollo Management and Starwood Capital in LBO transactions. "There are many buyers for practically every seller," he said. All this has left private-equity players scrambling to find the next deal while they're still flush...
...more top-notch hotels are putting on the dog, so to speak. Trendy W Hotels, with 21 locations in its portfolio, offers pet beds, food and water bowls, floor mats and pet treats and toys, says Ross Klein, president and chief experience (yes, that is correct) officer of Starwood Hotels' Luxury Brands Group, which is the parent company of W Hotels as well as of sister brand Westin...
...checkout or anything else via touch-screen technology on pool furniture. Once the order is placed, it is wirelessly transmitted to the desired destination and someone delivers the requested item right to the guest. "Having something take no effort at all is becoming the ultimate amenity to luxury travelers," Starwood's Klein says...
...Regis Residences The latest addition to U.S.-based developer Starwood's internationally known St. Regis line of upscale properties, these 173 luxury flats sold out quickly at record prices after hitting the market last June. When the St. Regis and its sister hotel, located next door, are completed in 2008, they'll rise over an upgraded Orchard Road, Singapore's main shopping district
Certainly, Schrager's too-cool-for-school hotels have been copied relentlessly. Starwood Hotels & Resorts hired architects such as Ricardo Bofill and Charles Gwathmey to design its flourishing W Hotels, a chain many felt was a direct rip-off of Schrager. Marriott's Ritz-Carlton has partnered with the Italian jewelry company Bulgari to create a string of boutique hotels...