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Articles Tagged With "W San Francisco"


Starwood Hotels Completes Sale Of The W San Francisco To Keck Seng For $90 million

Starwood Hotels Completes Sale Of The W San Francisco To Keck Seng For $90 million

August 4, 2009 in All News, Starwood Hotels & Resorts, USA and Canada by Timeshare & Fractional News

Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that it has completed the sale of the W San Francisco to Keck Seng Investments (Hong Kong) Limited for $90 million. The sales price represents a multiple of over 14X anticipated 2009 EBITDA. Starwood also entered a long-term management agreement to continue operating the hotel as [...]

Starwood Signs An Agreement To Sell The W San Francisco For $90 Million

Starwood Signs An Agreement To Sell The W San Francisco For $90 Million

July 8, 2009 in All News, Starwood Hotels & Resorts, USA and Canada by Timeshare & Fractional News

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that the Company has signed an agreement to sell the W San Francisco for $90 million to Keck Seng Investments (Hong Kong) Limited, a hotel investment and property development company listed on the Hong Kong stock market. The sales price is immediately accretive to earnings [...]