Chesapeake Lodging acquires W New Orleans from Starwood Hotels Chesapeake Lodging Trust (CHSP) announced that it has purchased the 410-room W New Orleans from Starwood Hotels & Resorts Worldwide (HOT) for $65.0M. The Trust will renovate the property and continue to work with Starwood on a long-term basis.
News For CHSP;HOT From The Last 14 Days
Check below for free stories on CHSP;HOT the last two weeks.
Starwood downgraded to Market Perform from Outperform at Wells Fargo Wells Fargo downgraded Starwood Hotels to Market Perform saying the CEO's capital allocation strategy is disappointing. The firm keeps an $81-$83 price target range for shares.