Man arrested in connection to NYC hotel killing; Naked woman found dead with knife in throatSeptember 20th, 2009 Man arrested in connection to NYC hotel killingNEW YORK — A 29-year-old man has been arrested in connection to the death of a woman found with her throat slashed in a luxury hotel next to Central Park. Charges are pending against the man, who was arrested hours after the body of 44-year-old Andree Bejjani was found Saturday afternoon at the Jumeirah (joo-MEER'-ah) Essex House hotel.
Naked woman found dead with throat slashed in luxury hotel at NYC's Central ParkSeptember 19th, 2009 Woman's body found at Central Park luxury hotelNEW YORK — The body of a naked woman with her throat slashed has been found at a luxury hotel on the south end of New York City's Central Park. Police say investigators were at the Jumeirah (joo-MEER'-ah) Essex House hotel on Saturday looking into the woman's death.
Naked woman found dead with knife in throat at luxury hotel along NYC's Central ParkSeptember 19th, 2009 Woman's stabbed body found at Central Park hotelNEW YORK — The body of a naked woman with her throat slashed and a knife sticking out of it was found Saturday at a luxury hotel next to Central Park, police said. Investigators looking into the death at the Jumeirah Essex House hotel, on the park's southern edge, said the woman appeared to be in her 30s.
JPMorgan analyst lifts Starwood price targets partly on costs control efforts, business mixSeptember 18th, 2009 JPMorgan analyst increases Starwood price targetNEW YORK — Solid cost control efforts and a strong business mix will work in Starwood Hotels & Resorts Worldwide Inc.'s favor as the lodging sector starts to emerge from the pressures of the recession, a JPMorgan analyst said Friday as he raised the hotel and leisure company's price target. Analyst Joseph Greff said in a client note that Starwood has managed its expenses well and done a better-than-expected job at cutting its selling, general and administrative and property-level expenses.
Report: Caribbean hotel plans will stall due to visitor dropAugust 17th, 2009 Report: Caribbean hotel plans will stallSAN JUAN, Puerto Rico — A new report offers a bleak outlook for the Caribbean hotel industry. PKF Hospitality Research says the region's hotels had an average drop in profits of 16 percent in 2008 and there will be "further profit deterioration" this year.
Hotel chain executives tour landmark Watergate Hotel to determine renovation costsAugust 15th, 2009 Watergate attracts at least 6 potential buyersWASHINGTON — The lender holding the $40 million note on the closed Watergate Hotel says at least six potential buyers are interested in acquiring the landmark property. PB Capital took back the property after no one entered a bid during an auction last month.
Starwood Hotels & Resorts climbs 28 percent mostly on gain from Italian tax incentive programJuly 23rd, 2009 Starwood 2Q profit rises on Italian programWHITE PLAINS, N.Y. — Starwood Hotels & Resorts Worldwide Inc.
Starwood Hotels & Resorts readies to release 2nd quarter resultsJuly 21st, 2009 Earnings Preview: Starwood Hotels & Resorts Inc.CHICAGO — Starwood Hotels & Resorts Inc. reports its second-quarter earnings on Thursday.
Auctioneer announces it will take bids for landmark Watergate Hotel next weekJuly 16th, 2009 Watergate Hotel could be auctioned off next weekWASHINGTON — The Watergate Hotel made famous by a presidential scandal is expected to be on the auction block next week. Alex Cooper Auctioneers is announcing that it will take bids Tuesday on the Washington landmark.
Iconic Waikiki hotel closes because of mounting financial lossesJuly 9th, 2009 Iconic Waikiki hotel closesHONOLULU — The Y-shaped Ilikai hotel that has graced the Waikiki skyline for nearly five decades and hosted everyone from U.S. presidents to Elvis Presley is closing.
Hotel stocks trade mixed after bearish forecast and sector downgrade by Barclays analystJuly 1st, 2009 Hotel stocks trade mixed after sector downgradeNEW YORK — Hotel companies' shares were mixed on Wednesday afternoon after a Barclays Capital analyst, calling herself "extremely bearish," downgraded the lodging sector and said an industry recovery is likely to lag far behind an economic recovery. Barclays analyst Felicia Hendrix lowered the sector to a "Negative" rating from "Neutral." She also cut her ratings to "Underweight" from "Equal Weight" for three major hotel companies: Starwood Hotels & Resorts Worldwide Inc., Marriott International Inc.
Tata Communications ties up with Starwood HotelsJune 30th, 2009 MUMBAI - Indian telephony and internet services provider Tata Communications Tuesday announced its partnership with Starwood Hotels and Resorts Worldwide to roll out its video-conferencing facility in the hotel giant's properties. Under the agreement, Tata will increase its network of public Cisco Telepresence rooms by opening 10 new facilities in Starwood's hotels by the year-end, the company said in a regulatory statement.
Sunstone says will default on hefty W San Diego mortgage payment, turn over hotel to lendersJune 8th, 2009 Sunstone prepared to turn over W San Diego to bankSAN CLEMENTE, Calif. — Sunstone Hotel Investors Inc.
Emirates offers free stay at Dubai luxury hotel for passengersApril 27th, 2009 NEW DELHI - Gulf carrier Emirates Airline Monday unveiled a special offer for its passengers flying via Dubai - a free stay at a luxury hotel in the emirate. All first and business class bookings, made for travel on Emirates between May 15 and September 15, will be eligible to receive free accommodation, including breakfast, at the Address Downtown Burj Dubai, a luxury hotel situated next to Dubai Mall, the company said in a statement.
Parsvnath's Ahmedabad luxury hotel to be ready by 2010March 17th, 2009 AHMEDABAD - Parsvnath Hotels Ltd (PHL), a subsidiary of real estate major Parsvnath Developers, Monday said its Rs.2.5-billion (Rs.250-crore) five-star hotel project in Vejalpur near here would be completed by 2010-end. The 152-room luxury hotel will also have a 24-hour coffee shop, multi-cuisine and specialty restaurants, conference rooms, a business centre and a few boutique stores, a senior company official said.