Investment Summary |
|
|---|---|
| Date | 2011-12-06 |
| Target | Design Hotels AG |
| Sector | Restaurants |
| Investor(s) | Starwood Hotels & Resorts Worldwide |
| Sellers(s) | Arabella Hospitality SE |
| Deal Type | Stake Purchase |
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| 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 | 3 of 3 |
| Sector (Restaurants) | 2 of 2 |
| Type (Stake Purchase) | 1 of 1 |
| Country (Germany) | 1 of 1 |
| Year (2011) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-05-10 |
W Chicago City Center
Chicago,, Illinois, United States W Chicago City Center is a full-service, luxury property with modern guestrooms and suites, more than 12,000 square feet of meeting and event space, a SWEAT state-of-the-art fitness center, and the recently renovated IPO restaurant. |
Sell | $129M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-08-21 |
W Chicago - Lakeshore
Chicago, Illinois, United States W Chicago - Lakeshore is a full-service, luxury property with deluxe guest rooms, more than 12,000 square feet of meeting and event space, a SWEAT state-of-the-art fitness center, a 9,600 square foot Bliss Spa and the acclaimed Wave restaurant. |
Sell | $126M |
Arabella Hospitality SE owns and operates hotels.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Restaurants) | 1 of 1 |
| Type (Stake Purchase) | 1 of 1 |
| Country (Germany) | 1 of 1 |
| Year (2011) | 1 of 1 |
