Dallas, Texas, October 27, 2000 — Choice Hotels International (NYSE: CHH), worldwide franchisor of Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Rodeway Inn, Econo Lodge and MainStay Suites brand hotels, has agreed to become a presenting sponsor and the Official Hotel of the Tight Lies Tour. Under terms of the sponsorship, Tight Lies Tour … Read more
The purpose of this paper is to provide an empirical test of established capital structure theory regarding those factors relevant to the long-term debt choice made by hotel firms. Full Report – click here
WHITE PLAINS, N.Y.–(BUSINESS WIRE)–Dec. 17, 2001– — Property to be Re-named Sheraton Molokai Lodge & Beach Village — Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today it will assume management and marketing of the 62-unit Molokai Ranch & Lodge, bringing its inventory to 14 resort properties on six Hawaiian Islands. Effective February 2002, the … Read more
BETHESDA, MD, March 28, 2002 Crestline Capital Corporation (NYSE:CLJ) today announced that it has agreed to be acquired by a wholly-owned subsidiary of Barceló Hotels & Resorts, one of the world's largest hospitality companies based in Palma de Mallorca, Spain, in a merger in which each outstanding share of Crestline would be exchanged for … Read more
WHITE PLAINS, N.Y. Dec. 30, 2003 Lehman Brothers Holdings Inc. and Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today the acquisition of all of the outstanding senior debt (approximately $1.3 billion), at a discount, of Le Meridien Hotels and Resorts Ltd. Starwood will fund $200 million through a high yield junior participation in the debt.