Starwood Hotels says Aloft brand to enter Australian market Starwood Hotels and Resorts Worldwide announced that its Aloft Hotels brand will soon enter the Australian market for the first time. Owned by BAAC Pty Ltd, an affiliate of BGC, Aloft Perth Rivervale will open in late 2016.
News For HOT From The Last 14 Days
Check below for free stories on HOT the last two weeks.
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.