M&A Deal Summary |
|
|---|---|
| Date | 2014-01-22 |
| Target | The St. Regis Bal Harbour Resort |
| Sector | Leisure |
| Buyer(s) | Al Rayyan Tourism Investment |
| Sellers(s) | Starwood Hotels & Resorts Worldwide |
| Deal Type | Divestiture |
| Deal Value | 213M USD |
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Al Rayyan Tourism Investment Company develops, acquires, and leases real estate properties in the hospitality sector.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 6 |
| Sector (Leisure) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Florida) | 1 of 1 |
| Country (United States) | 1 of 3 |
| Year (2014) | 1 of 3 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-02-06 |
Maritim Hotel Berlin
Berlin, Germany Maritim Hotel Berlin offers 505 rooms and event facilities for up to 5,500 people in 49 rooms. The Hotel was designed by renowned architect Jan Kleihues in 1930s art deco style. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-02 |
The Manhattan at Times Square Hotel
New York,, New York, United States The Manhattan at Times Square Hotel operates as a hotel in New York, offers rooms and guest suites. The company’s amenities include public spaces, a business center, a fitness center, and a restaurant; and multilingual concierge services. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1969 |
| Sector | Leisure |
| Employees | 180,400 |
| Revenue | 5.8B USD (2015) |
Starwood Hotels & Resorts Worldwide, Inc. is a hotel and leisure company with more than 1,270 properties in some 100 countries and over 180,000 employees at its owned and managed properties. Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences under the renowned brands: St. Regis, The Luxury Collection, W, Design Hotels, Westin®, Le Méridien, Sheraton, Four Points by Sheraton, Aloft, Element, and the recently introduced Tribute Portfolio™. Starwood was formed in 1969 and is based in Stamford, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 21 |
| Sector (Leisure) | 2 of 9 |
| Type (Divestiture) | 12 of 21 |
| State (Florida) | 1 of 1 |
| Country (United States) | 9 of 13 |
| Year (2014) | 1 of 6 |
| Size (of disclosed) | 3 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-10-30 |
Westin San Francisco Airport
Millbrae,, California, United States The Westin San Francisco Airport features 397 guestrooms, 22,000 square feet of meeting space, a fitness center, an indoor pool and whirlpool, a business center, and Grill & Vine restaurant. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-08 |
Aloft Tucson University Hotel
Tucson, Arizona, United States Aloft Tucson University Hotel operates as a hotel. Amenities include an outdoor Splash pool, the brand’s signature bar, a 24-hour fitness center and 1,723 square feet of flexible meeting space, ideal for both business meetings and social gatherings. |
Sell | $19M |
