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Stock Market & Financial Investment News

News Breaks
June 2, 2014
10:17 EDTHLT, IHG, HOTHilton CEO says 'comfortable' with tax structure
Hilton CEO Christopher Nassetta said that he's "comfortable" with the company's tax structure. Speaking on CNBC, Nassetta added that he hasn't looked at InterContinental (IHG) as a potential takeover target in a serious way. Earlier today, CNBC's David Faber reported that Starwood (HOT) is interested in acquiring IHG.
News For HLT;IHG;HOT From The Last 14 Days
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September 30, 2014
08:03 EDTHOTStarwood to relocate global HQ to India in March 2015 for month-long immersion
Starwood Hotels & Resorts Worldwide announced that it will relocate its global headquarters from the United States to India in March 2015 for a month-long immersion. Starwood President & CEO Frits van Paasschen and the company’s top executives will split their time between Mumbai and Delhi, conducting day-to-day business from this important global destination with immense potential for outbound travel. Following the company’s successful relocations to China in 2011 and Dubai in 2013, this third leadership move underscores Starwood’s unique approach to cultivating a global culture and fostering relationships in key growth markets.
September 29, 2014
10:40 EDTHOTStarwood to launch W brand in Marrakech in 2017
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09:40 EDTHOTStarwood debuts Luxury Collection Castle Hotel
The Luxury Collection, part of Starwood Hotels & Resorts Worldwide announces the opening of Castle Hotel, a Luxury Collection Hotel, Dalian. Owned by the Dalian Yifang Group and managed by Starwood Hotels & Resorts, Castle Hotel marks Luxury Collection’s first hotel in Liaoning, China.
September 26, 2014
17:22 EDTHOTStarwood Hotels expands presence in Nigeria with the signing of Four Points
Starwood Hotels & Resorts Worldwide announced the signing of Four Points by Sheraton Ikot Ekpene, a new build hotel scheduled to debut in 2015. Owned by the Akwa Ibom State Government, Four Points by Sheraton Ikot Ekpene marks Starwood’s 10th hotel in Nigeria and second hotel in the state of Akwa Ibom, after Le Meridien Ibom Hotel & Golf Resort.

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