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Concorde Hotels to start expansion - New structure for Louvre Group

21.3.2008

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Starwood Capital acquires Le Méridien and takes 65% in Taittinger/Louvre

22.7.2005

White Plains/Paris/London. According to two consulting firms, Starwood Capital has acquired a 65% stake in Groupe Taittinger and its subsidiary Societé du Louvre. It has also associated itself with Lehman Brothers for the acquisition of the Le Méridien Group.

Ex-Starwood Chairman starts competing chain

27.1.2006

White Plains. Eight months after Barry Sternlicht abruptly resigned his executive chairman post at Starwood Hotels, he is launching an ultra luxury hotel brand that will compete head-to-head with his previous employer.

Baccarat reflecting Barry's shine

6.7.2007

Greenwich. Starwood Capital Group announced the creation of Baccarat Hotels and Resorts, a five-star luxury hotel brand inspired by Baccarat's global iconic status. Starwood Capital Group's controlled affiliate owns 86% of the shares of the Baccarat company. For more than 200 years, Baccarat has been synonymous with luxury, hand-crafted quality and the unending pursuit of perfection.