M&A Deal Summary |
|
|---|---|
| Date | 2006-05-04 |
| Target | The Westin Palace Milan |
| Sector | Restaurants |
| Buyer(s) | Host Hotels & Resorts |
| Sellers(s) | Starwood Hotels & Resorts Worldwide |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Sector | Real Estate |
| Employees | 165 |
| Revenue | 5.7B USD (2024) |
Host Hotels & Resorts is a premier lodging real estate company. Company own high quality lodging assets in prime urban, airport and resort/convention locations. Creating value through aggressive asset management and disciplined capital allocation to generate superior performance. Host Hotels & Resorts is based in Bethesda, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 9 |
| Sector: Restaurants M&A | 1 of 6 |
| Type: Divestiture M&A Deals | 2 of 4 |
| Country: Italy M&A | 1 of 2 |
| Year: 2006 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-05-04 |
Sheraton Fiji Resort
Nadi, Fiji Sheraton Fiji Resort owns and operates a resort. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-06-13 |
The Westin Europa & Regina Venice
Venezia, Italy The Westin Europa & Regina, Venice provides accommodation, leisure, dining, and entertainment 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 | 2 of 21 |
| Sector: Restaurants M&A | 1 of 12 |
| Type: Divestiture M&A Deals | 2 of 21 |
| Country: Italy M&A | 1 of 4 |
| Year: 2006 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-05-04 |
Sheraton Fiji Resort
Nadi, Fiji Sheraton Fiji Resort owns and operates a resort. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-06-13 |
The Westin Europa & Regina Venice
Venezia, Italy The Westin Europa & Regina, Venice provides accommodation, leisure, dining, and entertainment services. |
Sell | - |
