Explore All 120 Divestiture Leisure Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | May 12, 2015 |
| Target | The Gritti Palace |
| Sector | Leisure |
| Buyer(s) | Nozul Hotels & Resorts |
| Sellers(s) | Starwood Hotels & Resorts Worldwide |
| Deal Type | Divestiture |
| Deal Value | 105M EUR |
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Nozul Hotels & Resorts engages in real estate development and hotels.
| Deal Context for Buyer | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Leisure | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| Country: Italy | 1 of 1 |
| Year: 2015 | 1 of 1 |
| 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 Context for Seller | # |
|---|---|
| Overall | 18 of 21 |
| Sector: Leisure | 7 of 9 |
| Type: Divestiture | 18 of 21 |
| Country: Italy | 4 of 4 |
| Year: 2015 | 1 of 4 |
| Size (of disclosed) | 7 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-22 |
Philadelphia Airport Complex
United States Philadelphia Airport Complex consists of three Starwood properties including the 252-room Sheraton Suites Philadelphia Airport, the 177-room Four Points by Sheraton Philadelphia Airport and the 136-room Aloft Philadelphia Airport. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-08 |
The Phoenician
Scottsdale,, Arizona, United States The Phoenician, a Luxury Collection Resort boasts a scenic 300-acre setting at the base of Camelback Mountain. The AAA Five-Diamond, Forbes Four-Star rated Phoenician is ideally located in one of the premium resort markets in the southwest, within close proximity of the nightlife, galleries, museums and businesses of downtown Scottsdale. |
Sell | $400M |
