Starwood Hotels' Luxury Collection Hotels to invest $200M in renovations The Luxury Collection Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, announces that the company and its owners are investing $200M to renovate and restore some of its hotels in Europe.
News For HOT From The Last 14 Days
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Starwood upgraded to Overweight from Equal Weight at Barclays Barclays upgraded Starwood (HOT) to Overweight citing expectations for increased capital returns and catalysts from asset sales. The firm expects Starwood to close the valuation gap with Marriott (MAR) and raised its price target for shares to $89 from $84.