Thursday, April 30, 2015

5 things to know, including a major hotel chain up for sale

Good morning, South Florida. 1. Starwood for sale Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) says it is exploring a sale after its CEO resigned amid a spate of slow growth. The company owns St. Regis, Westin, Sheraton and W Hotels brands, and operates properties across South Florida, including the St. Regis Bal Harbour Resort and the Westin Fort Lauderdale Beach Resort. Starwood only has about half the number of rooms as Marriott International Inc. (Nasdaq: MAR) or Hilton Worldwide Holdings…

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