Sheraton News

Companies

Samhi Group raises ₹650 crore debt from Piramal Capital to fund expansion plans

Samhi, which entered into a structured debt deal with Piramal, will use the funds to support its growth plans and refinance existing lenders across three hotel assets

2 min read23 Jul 2018
Companies

Marriott International plans to open 50 new hotels in India

Hotel chain Marriott International plans to bring four more global brands to India and has already signed on properties for these

3 min read4 Apr 2018
Companies

Starwood Hotels accepts sweetened $13.6 billion bid from Marriott

The Marriott-Starwood deal will create the world's largest hotel chain with top brands including Sheraton, Ritz Carlton and the Autograph Collection

1 min read22 Mar 2016
Companies

Starwood Hotels dumps Marriott for raised Chinese bid

Starwood's board was persuaded by Anbang's $2 increase in its Monday offer, and said it plans to notify Marriott that their already agreed merger was off

1 min read18 Mar 2016
Industry

Hotel deals rebound in 2015 as sellers climb down on valuations

The acquisition of Leela Hotels' Goa property by Malaysia-based MetTube and ITC's acquisition of Park Hyatt Hotel in Goa were among the major deals of 2015

2 min read11 Jan 2016
Companies

Marriott to buy Starwood to create world’s biggest hotel chain

The combined company will own or franchise more than 5,500 hotels with 1.1 million rooms worldwide

1 min read20 Nov 2015
Companies

Starwood Hotels says open to form JV with developers to expand in India

The company plans to add 10-12 hotels in the next one year

2 min read5 Nov 2015
Politics

Why the US President isn’t staying at Rashtrapati Bhavan

President Barack Obama and his wife Michelle will be staying at the Maurya Sheraton, one of Delhi's top hotel

3 min read23 Jan 2015
Companies

Starwood Hotels to shift HQ from US to India for a month

During the month, Starwood executives will travel to cities throughout India to meet with associates, customers, owners and prospective developers

2 min read1 Oct 2014
Companies

Starwood eyes small towns, planning 100 hotels by 2015

Starwood eyes small towns, planning 100 hotels by 2015

2 min read18 Sep 2011
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