Greenwich, CT, United States
Greenwich, CT, United States

Starwood Hotels and Resorts Worldwide, Inc. is an American hotel and leisure company headquartered in Stamford, Connecticut. One of the world's largest hotel companies, it owns, operates, franchises and manages hotels, resorts, spas, residences, and vacation ownership properties under its nine owned brands. As of 1 December 2012, Starwood Hotels and Resorts Worldwide, Inc. owned, managed, or franchised 1,162 properties employing over 171,000 people, of whom approximately 26% were employed in the United States. Wikipedia.


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DALLAS--(BUSINESS WIRE)--Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Forestar Group Inc. (“Forestar”) (NYSE: FOR) concerning the sale to Starwood Capital Group. Under the terms of the agreement, Forestar shareholders will only receive $14.25 for each share owned, which is virtually no premium over the 52-week high and lower than at least one analyst’s estimated value of $16.00 per share. If you are an affected investor, and you want to learn more about the investigation or if you have information that you believe would be helpful to our investigation of the fairness of the proposed transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at shareholders@thebriscoelawfirm.com or by calling (888) 809-2750. There is no cost or fee to you. The investigation centers on whether Forestar’s Board of Directors is acting in the shareholders’ best interests, whether the board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the proposed transaction. Notably, at least one analyst with Yahoo! Finance believes the true inherent value of the stock could be as high as $16.00. The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.


News Article | May 3, 2017
Site: www.PR.com

Midas Hospitality to Bring First Element by Westin to St. Louis Hotel to be built at current Habitat for Humanity Saint Louis site. St. Louis, MO, May 03, 2017 --( Owner Midas Forest Park, LLC, a subsidiary of Midas Hospitality, recently bought the current home of Habitat for Humanity Saint Louis (HFHSL) located at 3763 Forest Park Ave. The 1.5 acre property was purchased for $2.4 million to make way for the $25 million Element by Westin. Midas Hospitality will lease the non-profit organization space for up to one year while it relocates. The hotel concept encourages renewal through a nature-influenced environment and is constructed with an efficient use of space and sustainability in mind. The eight-story, 119,000-square-foot hotel will include 153 extended stay rooms and feature 10,000-square-foot retail space plus a rooftop lounge. The environmentally-responsible rooms will have oversized windows to allow natural light plus fully-equipped kitchens with spa-inspired bathrooms. The hotel will have an extensive fitness center, an all-natural saline pool, and a borrow-a-bike program for its guests. Element will be located directly across from the St. Louis Foundry redevelopment. It will back up to St. Louis University and be only three blocks from the Cortex Innovation District and one block from Ikea. Midas Hospitality will manage the hotel. The builder is MC Hotel Construction, a general contractor specializing in new hotel construction and renovations, which is the sister company of Midas Hospitality. The architecture firm is Gray Design. All three companies are based in St. Louis, Mo., and this is the first Element hotel built and managed by these businesses. Carrolton Bank provided the financing for the acquisition. “The vibrant midtown area is the perfect place for an environmentally-friendly Element by Westin,” said Midas Hospitality CEO David Robert. “We are excited to work with this growing community by providing extended stay lodging to the university campuses, innovation district, and medical community.” “We are delighted with the sale and what it will mean to our much needed work in the community. As good stewards of our organization’s assets, we were pleased to be able to take advantage of the strong commercial real estate market in the area,” said Habitat for Humanity Saint Louis CEO Kimberly McKinney. “For up to a year, we will be continuing our important work of building safe and affordable housing for hard working families from our current Forest Park Avenue location. We look forward to sharing more information in the future on our operations for our city Habitat ReStore, our construction warehouse and our administrative offices in a conveniently relocated space.” Habitat for Humanity Saint Louis (HFHSL) is a not-for-profit, ecumenical housing ministry working in partnership with individuals and communities of all faiths to improve housing conditions and provide safe, decent and affordable housing in St. Louis City and County. In addition to a down payment and a mortgage, each HFHSL homebuyer invests 350 sweat-equity volunteer hours into building or rehabbing a home and attending life skills classes. Founded in 2006, Midas Hospitality has developed, opened and currently manages numerous properties including 30 hotels in 14 states. The company serves global brands including Hilton, IHG, Marriott, and Starwood. Midas Hospitality’s headquarters are located at 1804 Borman Circle Dr. in Maryland Heights, Mo. For more information, call (314) 692-0100. MC Hotel Construction, which is also located at 1804 Borman Circle Dr., specializes in hotel construction and renovations with projects currently underway in six states. MC Hotel Construction builds for leading brands such as Hilton, Marriott, IHG, Starwood and Legacy Suites. For details, call (314) 339-6600. St. Louis, MO, May 03, 2017 --( PR.com )-- A new eco-conscious hotel, which will be built at the home of a long-time area non-profit organization, is coming to St. Louis by 2019.Owner Midas Forest Park, LLC, a subsidiary of Midas Hospitality, recently bought the current home of Habitat for Humanity Saint Louis (HFHSL) located at 3763 Forest Park Ave. The 1.5 acre property was purchased for $2.4 million to make way for the $25 million Element by Westin. Midas Hospitality will lease the non-profit organization space for up to one year while it relocates.The hotel concept encourages renewal through a nature-influenced environment and is constructed with an efficient use of space and sustainability in mind. The eight-story, 119,000-square-foot hotel will include 153 extended stay rooms and feature 10,000-square-foot retail space plus a rooftop lounge.The environmentally-responsible rooms will have oversized windows to allow natural light plus fully-equipped kitchens with spa-inspired bathrooms. The hotel will have an extensive fitness center, an all-natural saline pool, and a borrow-a-bike program for its guests. Element will be located directly across from the St. Louis Foundry redevelopment. It will back up to St. Louis University and be only three blocks from the Cortex Innovation District and one block from Ikea.Midas Hospitality will manage the hotel. The builder is MC Hotel Construction, a general contractor specializing in new hotel construction and renovations, which is the sister company of Midas Hospitality. The architecture firm is Gray Design. All three companies are based in St. Louis, Mo., and this is the first Element hotel built and managed by these businesses. Carrolton Bank provided the financing for the acquisition.“The vibrant midtown area is the perfect place for an environmentally-friendly Element by Westin,” said Midas Hospitality CEO David Robert. “We are excited to work with this growing community by providing extended stay lodging to the university campuses, innovation district, and medical community.”“We are delighted with the sale and what it will mean to our much needed work in the community. As good stewards of our organization’s assets, we were pleased to be able to take advantage of the strong commercial real estate market in the area,” said Habitat for Humanity Saint Louis CEO Kimberly McKinney. “For up to a year, we will be continuing our important work of building safe and affordable housing for hard working families from our current Forest Park Avenue location. We look forward to sharing more information in the future on our operations for our city Habitat ReStore, our construction warehouse and our administrative offices in a conveniently relocated space.”Habitat for Humanity Saint Louis (HFHSL) is a not-for-profit, ecumenical housing ministry working in partnership with individuals and communities of all faiths to improve housing conditions and provide safe, decent and affordable housing in St. Louis City and County. In addition to a down payment and a mortgage, each HFHSL homebuyer invests 350 sweat-equity volunteer hours into building or rehabbing a home and attending life skills classes.Founded in 2006, Midas Hospitality has developed, opened and currently manages numerous properties including 30 hotels in 14 states. The company serves global brands including Hilton, IHG, Marriott, and Starwood. Midas Hospitality’s headquarters are located at 1804 Borman Circle Dr. in Maryland Heights, Mo. For more information, call (314) 692-0100.MC Hotel Construction, which is also located at 1804 Borman Circle Dr., specializes in hotel construction and renovations with projects currently underway in six states. MC Hotel Construction builds for leading brands such as Hilton, Marriott, IHG, Starwood and Legacy Suites. For details, call (314) 339-6600. Click here to view the list of recent Press Releases from Midas Hospitality


News Article | April 17, 2017
Site: www.prweb.com

Starwood Garage Door Repair, a garage door maintenance, installation and repair service provider in Carrollton, TX, recently stated that they want to reduce the average response time for each of the services they provide. For this reason, the owners have introduced a helpline number for their prospective customers. The helpline number is now open 24/7 and prospective customers can get in touch with the technicians at any time of the day or night. The owners have already added a few mobile vans to their fleet, and their technicians are also thoroughly trained to respond to any emergency. The owners added that since they serve a tiny area, it becomes quite easier for them to reach their customers within the shortest time possible. They also said that they now have the capability to offer emergency garage door repair in Carrollton as well as in surrounding areas. The owners said that the onus now is upon them to provide the fastest repair, installation and maintenance services in the Carrollton, TX area. They said that quite a few repair service providers have recently emerged and that has made the market more competitive than ever before. One of the co-owners went on to add that earning the trust of the residential and commercial garage owners in the area very much depends on how fast they can deliver the service. “We understand that garage door repair in Carrollton, TX must be offered as a fast and no-frills service package. Whenever we receive a service request, our engineers reach out to the customer and inspect the site first. Based on this initial study, we put across a detailed quote and if the customer agrees, we move to the next level,” said the co-owner. About the Company Starwood Garage Door Repair is a garage door repair service provider in Carrollton, TX. URL: http://garagedoors-carrolltontx.com/ Phone Number: (972) 798-8333 Email: service(at)garagedoors-carrolltontx(dot)com


BALA CYNWYD, PA / ACCESSWIRE / April 17, 2017 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Forestar Group, Inc. ("Forestar" or "the Company") (NYSE- FOR-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Starwood Capital Group. ("Starwood"). Click here to learn more http://www.brodskysmith.com/cases/forestar-group-inc-nyse/, or call: 877-534-2590. There is no cost or obligation to you. Under the terms of the transaction, Forestar shareholders will receive only $14.25 in cash for each share of Forestar stock they own. The investigation concerns whether the Board of Forestar breached their fiduciary duties to shareholders and whether Starwood is underpaying for the Company. The transaction may undervalue the Company and would result in a loss for many Forestar shareholders. For example, shares of Forestar stock traded at $16.03 per share on April 20, 2015 and the price being paid by Starwood is below an analyst price target of $16.00 per share. If you own shares of Forestar stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://www.brodskysmith.com/cases/forestar-group-inc-nyse/, or calling toll free 877-LEGAL-90. Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.


News Article | March 7, 2017
Site: globenewswire.com

Somerville, NJ, March 07, 2017 (GLOBE NEWSWIRE) -- Eco Tek 360, Inc.’s ( OTCQB: ECTX) www.ecotek360.com President Chris H Giordano stated. “We are pleased to announce to our shareholders that Mr. Simon Graj will now serve as Co-Chairman along with myself to help guide our Company into the future. Simon is the Co-Founder of Graj and Gustavsen one of the world’s leading brand consultants http://www.ggny.com/ . Simon Graj is considered a true pioneer in the world of branding and retail who founded his firm, Graj and Gustavsen, in 1990. He's been called the "Willy Wonka" of the fashion industry and his NY studio has been called a "Playground for CEO's." Prior to G+G, Simon's professional career spanned two decades as a retail innovator in leadership positions working in all facets of the industry, including working with Mickey Drexler on a retail prototype called "Hemisphere" that helped pave the way for Banana Republic's transition from safari to fashion. A "Merchant at Heart", Simon founded G+G as a fusion of a consulting firm and a creative agency to provide insight, innovation  strategy and design to brands and retailers with a rigorous consumer-driven process that looks at global trends and white space opportunities in the market. His firm's exclusive client list includes Harley-Davidson, Kohl's, Kimberly Clark, Scripps Networks, Waterford Wedgewood, Levi Strauss, and Dick's Sporting Goods. Simon has guided G+G into several service offerings including brand positioning, licensing, retail design, and strategic consulting for innovation and growth. G+G is also a favored source for private equity firms seeking decisive brand turnarounds and extensions. G+G is managed by Simon Graj and founding partners Raymond Graj and Eric Gustavsen. - Turnaround of the Sears tool department with the "Tool Territory" retail experience - Creation of the Timberland PRO® brand, which was responsible for record earnings in its first three years after launch and still going strong today - Positioning of OshKosh B'Gosh, worked with Berkshire Partners to package for sale to Carters for $312mm - Engaged by Starwood Capital to position and create the image and licensing platform the Field & Stream brand, sold to Dick's Sporting Goods for - $50mm, DSG rolling it out as a standalone retail concept - Engaged by Waterford Wedgewood to reposition the brand for a more youthful audience, brand sold to Fiskars for $437mm, a 4X RO - Creation of the Denizen® brand for Levis, now an exclusive denim brand at Target, generated $500mm in its first five years in the market - Engaged by Sherwin Williams to create an HGTV paint co-branded experience, placed at all 3000 SW locations, program is the most successful in - SW's history, now being rolled out across all Lowes stores, expected to do a billion dollars in sales in its first three years at Lowes. - Engaged by Bassett to create an HGTV retail experience, created an "HGTV Design Studio" concept which in its first year resulted in a sales  increase of 32%, operating profit up 97%, and net income up 173%. - G+G engaged by Clarion Capital to reposition the AT Cross Writing instruments company for a new generation of "expressives". Brand value has  increased significantly due to the new face of the brand and new management. - G+G engaged by Kohl's department stores to reposition select in-house brands as part of the 7 Billion dollar chain's "Greatness Agenda." Simon Graj added, “I am excited to be part of EcoTek 360. The Eco Tek 360 Innovation Platform is the business of the future - today. I am thrilled to be part of a company that is pioneering a new era of sustainability through textile rejuvenation processes - saving water, reusing discarded scrap and building a modern purpose driven business. From small batch production in the lab facilities, to a full scale manufacturing in the not to distant future, Eco Tek 360 is pioneering a business enabled by proprietary purposed technology. Innovating the uniform industry, womens active wear, limited edition of collectibles, and as a whole focusing on creating value by aligning with today’s culture and opportunities business. All powered by innovation and sustainability.” “Simon’s understanding of brand is second to none. Having Simon’s insight and influence with decision makers will prove an invaluable asset for EcoTek 360 Inc., going forward. Simon and the G & G team will help us position and brand our products for success. We are both excited and proud to have him as Co Chairman of EcoTek360, Inc., concluded Chris Giordano.”


LONDON, UK / ACCESSWIRE / April 18, 2017 / Active Wall St. blog coverage looks at the headline from Forestar Group Inc. (NYSE: FOR) as the Company announced on April 13, 2017 that affiliates of private investment firm Starwood Capital Group will acquire all the outstanding common stock of Forestar in an all-cash transaction. The deal is valued at approximately $605 million. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/. One of Forestar Group's competitors within the Real Estate Development space, The Howard Hughes Corporation (NYSE: HHC), announced on April 10, 2017, that it will release Q1 2017 earnings on Wednesday, May 03, 2017 after the market closes and will hold its Q1 conference call on Thursday, May 04, 2017 at 10:00 am ET. The Company's earnings release will be posted to its website prior to the conference call in the Investor section. AWS will be initiating a research report on Howard Hughes in the coming days. Today, AWS is promoting its blog coverage on FOR; touching on HHC. Get all of our free blog coverage and more by clicking on the link below: http://www.activewallst.com/register/. Commenting on the deal, James A. Rubright, Chairman of Forestar Group's Board said: "Over the past 18 months Forestar has significantly reduced costs and outstanding debt, exited non-core assets and focused on its core community development business. While executing these key initiatives, the Board and management have been evaluating longer term strategic alternatives. After conducting a thorough review assisted by highly experienced financial and legal advisors, the Board believes that engaging in the transaction with Starwood is the best option to maximize stockholder value." Starwood would be paying $14.25 per share in cash for each share of Forestar. The offer price represents a premium of 8.2% of the 90-day volume weighted average price of the Forestar's stock. Forestar's Board of Directors has already approved the deal. The deal is expected to close in Q3 2017 subject to shareholders' approval and fulfillment of certain closing conditions. However, the transaction is not subject to any financing conditions. For this deal, Forestar's financial advisor was JMP Securities LLC and the legal advisor was Skadden, Arps, Slate, and Meagher & Flom LLP while Starwood's legal advisors were Kirkland & Ellis LLP. As a result of this deal, Forestar has announced that it will not be sharing its Q1 2017 earnings results or hold a conference call for the same. AUSTIN, Texas based Forestar is a residential and mixed-use real estate development Company. Forestar directly or through its affiliates owns stake in 55 residential and mixed-use projects which include approximately 7,000 acres of real estate located in 11 states and 15 markets. It also owns natural resources such as timber tracts, oil and gas properties, and groundwater resources. In recent times, Forestar has been taking steps for revamping its organization and capital structure and reduce costs so that it could reduce its debt and operating costs. To this end, the Company has been selling off non-core assets so that it can focus on its real estate business. Greenwich, Connecticut based Starwood Capital Group is a private investment firm that primarily focuses on global real estate. Starwood Capital has 25 years of experience covering virtually every real estate asset class including offices, apartments/ condos, retail, hotels, residential, and industrial properties etc. The firm was launched in 1991 and currently has approximately $52 billion of assets under management. It has over 2,000 employees across nine offices globally plus approximately 15,000 additional employees involved with a dozen portfolio operating Companies. On March 30, 2017, Starwood and its affiliates sold off their entire holdings in TRI Pointe Group. The reason given for the sale was that Starwood was disappointed in the performance of the Company in recent years, including lack of strategic direction and disagreement over ways of unlocking shareholder value. On March 29, 2017, Starwood joined hands with Chinese property developer and operator Shimao Property Holdings Limited to form a new hotel joint venture based in China to take advantage of the market opportunities in the region. At the closing bell, on Monday, April 17, 2017, Forestar Group's stock rose slightly by 0.35%, ending the trading session at $14.20. A total volume of 3.00 million shares were traded at the end of the day, which was higher than the 3-month average volume of 325.66 thousand shares. In the last month and previous six months, shares of the Company have surged 9.23% and 26.79%, respectively. Moreover, the stock gained 6.77% since the start of the year. Shares of the company have a PE ratio of 9.24. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. LONDON, UK / ACCESSWIRE / April 18, 2017 / Active Wall St. blog coverage looks at the headline from Forestar Group Inc. (NYSE: FOR) as the Company announced on April 13, 2017 that affiliates of private investment firm Starwood Capital Group will acquire all the outstanding common stock of Forestar in an all-cash transaction. The deal is valued at approximately $605 million. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/. One of Forestar Group's competitors within the Real Estate Development space, The Howard Hughes Corporation (NYSE: HHC), announced on April 10, 2017, that it will release Q1 2017 earnings on Wednesday, May 03, 2017 after the market closes and will hold its Q1 conference call on Thursday, May 04, 2017 at 10:00 am ET. The Company's earnings release will be posted to its website prior to the conference call in the Investor section. AWS will be initiating a research report on Howard Hughes in the coming days. Today, AWS is promoting its blog coverage on FOR; touching on HHC. Get all of our free blog coverage and more by clicking on the link below: http://www.activewallst.com/register/. Commenting on the deal, James A. Rubright, Chairman of Forestar Group's Board said: "Over the past 18 months Forestar has significantly reduced costs and outstanding debt, exited non-core assets and focused on its core community development business. While executing these key initiatives, the Board and management have been evaluating longer term strategic alternatives. After conducting a thorough review assisted by highly experienced financial and legal advisors, the Board believes that engaging in the transaction with Starwood is the best option to maximize stockholder value." Starwood would be paying $14.25 per share in cash for each share of Forestar. The offer price represents a premium of 8.2% of the 90-day volume weighted average price of the Forestar's stock. Forestar's Board of Directors has already approved the deal. The deal is expected to close in Q3 2017 subject to shareholders' approval and fulfillment of certain closing conditions. However, the transaction is not subject to any financing conditions. For this deal, Forestar's financial advisor was JMP Securities LLC and the legal advisor was Skadden, Arps, Slate, and Meagher & Flom LLP while Starwood's legal advisors were Kirkland & Ellis LLP. As a result of this deal, Forestar has announced that it will not be sharing its Q1 2017 earnings results or hold a conference call for the same. AUSTIN, Texas based Forestar is a residential and mixed-use real estate development Company. Forestar directly or through its affiliates owns stake in 55 residential and mixed-use projects which include approximately 7,000 acres of real estate located in 11 states and 15 markets. It also owns natural resources such as timber tracts, oil and gas properties, and groundwater resources. In recent times, Forestar has been taking steps for revamping its organization and capital structure and reduce costs so that it could reduce its debt and operating costs. To this end, the Company has been selling off non-core assets so that it can focus on its real estate business. Greenwich, Connecticut based Starwood Capital Group is a private investment firm that primarily focuses on global real estate. Starwood Capital has 25 years of experience covering virtually every real estate asset class including offices, apartments/ condos, retail, hotels, residential, and industrial properties etc. The firm was launched in 1991 and currently has approximately $52 billion of assets under management. It has over 2,000 employees across nine offices globally plus approximately 15,000 additional employees involved with a dozen portfolio operating Companies. On March 30, 2017, Starwood and its affiliates sold off their entire holdings in TRI Pointe Group. The reason given for the sale was that Starwood was disappointed in the performance of the Company in recent years, including lack of strategic direction and disagreement over ways of unlocking shareholder value. On March 29, 2017, Starwood joined hands with Chinese property developer and operator Shimao Property Holdings Limited to form a new hotel joint venture based in China to take advantage of the market opportunities in the region. At the closing bell, on Monday, April 17, 2017, Forestar Group's stock rose slightly by 0.35%, ending the trading session at $14.20. A total volume of 3.00 million shares were traded at the end of the day, which was higher than the 3-month average volume of 325.66 thousand shares. In the last month and previous six months, shares of the Company have surged 9.23% and 26.79%, respectively. Moreover, the stock gained 6.77% since the start of the year. Shares of the company have a PE ratio of 9.24. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


"All of the brands charge their fees based on top-line rooms or total hotel revenues, regardless of the booking source," said Tompkins. "The brands collect on reservation sales from online travel agents, volume accounts, travel agents, brand.com, and direct hotel sales efforts. Owners and investors are frustrated. Our team has given a great deal of thought to our company's offering. It's truly one-of-a-kind." Harmony Hospitality Group uses a membership model offering year-to-year agreements. Hotels pay a one-time initiation fee, then an annual membership fee plus 10 percent only on reservations generated through the company's property search engine: www.explorehhg.com. Unlike other hotel brands, there is no charge on many reservation codes including OTA's, AAA, AARP, global distribution systems (GDS), or volume business transient or group account bookings that have been achieved through the direct sales efforts of the hotel. Membership benefits include a long list of programs and services valued at hundreds of thousands of dollars for Hotel Alliance members. Among them: Tompkins says his company's core principal is "to do the right thing, for the right reasons, for the benefit and betterment of everyone."  The company's commitment to owners and operators is reflected in its tagline, "Working Together...In-Sync™." The company's primary focus is independent hotels. Hotels get to keep their name and unique identity.  Its then placed into one of Harmony Hospitality Group's three distinct membership co-brands; Harmony Hotels, Inns and Suites for mid-range and upscale properties; Apricity Hotels & Resorts for business, leisure and group travelers in the upscale segment, and Christopher Resorts for true resorts in the luxury segment. The company is also focused on owners of hotels that have existing brand agreements set to expire. According to Tompkins, many feel trapped.  If they change flags, the cost to rebrand is in the millions. The cost to remain with their current flag most often requires significant, costly property improvements (PIP.) If they go independent they become heavily reliant on OTA reservations charging an average 25% to 35% commission. Their co-brands do not compete with one another, nor will they suffer from market over-saturation like operators face with multiple same-family-brands and similar hotels on every corner.  Alliance members have a protected geographical territory. Tompkins, who was recently Chief Operating Officer at B Hotels & Resorts, Fort Lauderdale has worked for Hilton, Hard Rock, Starwood and Carlson and has national and international experience. He has assembled a team of non-hospitality professionals in technology, creative services, digital, multi-media, financial services and more. He has also forged solid service provider and partnership relationships including: Harmony will begin taking Hotel Alliance Members beginning April 24, 2017.  Its consumer hotel booking engine – explorehhg.com - will debut in September, allowing the company time to set up member hotels with all of their services and load them into the global online platform.  An aggressive consumer advertising program will commence with the booking engine's debut. "Harmony is an industry game-changer," said Tompkins. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/upstart-harmony-hospitality-group-to-upend-hotel-industry-by-confronting-excessive-brand-standards-mandates-restrictions-and-fees-300443430.html


You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Forestar Group to Starwood Capital Group for $14.25 per share. To learn more about the action and your rights, go to: or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you. Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-levi--korsinsky-llp-announces-an-investigation-into-whether-the-sale-of-forestar-group-inc-to-starwood-capital-group-for-1425-per-share-is-fair-to-shareholders--for-300444680.html


News Article | April 28, 2017
Site: www.prweb.com

Recognizing the best of travel loyalty programs, Southwest Airlines Rapid Rewards has been named frequent flyer Program of the Year. Marriott Rewards held the top spot, for the tenth consecutive year, taking the highest honor among hotel programs in the Americas region at the 2017 Freddie Awards. The Freddie Awards were on Thursday, April 27th, hosted this year at the Hyatt Regency Jersey City on the Hudson Jersey City, New Jersey. A record number of 4.2 million frequent travelers from around the globe voted in this year’s campaign. Internationally, Norwegian Reward is Program of the Year for the Europe/Africa region and EL AL Matmid received the Program of the Year Freddie Award in the Middle East/Asia/Oceania region. Among hotel programs, Le Club AccorHotels is Program of the Year for the Europe/Africa region and Starwood Preferred Guest takes top honors as Program of the Year for hotels in the Middle East/Asia/Oceania region. In the popular credit card category, Chase Bank was a big winner by issuing the Southwest Airlines Rapid Rewards Premier credit card. American Express Membership Rewards took top honors in the Middle East/Asia/Oceania region while upstart Norwegian Reward won in the Europe/Africa region with their credit card issued by Bank Norwegian. Also announced were the 210 Award for programs whose value vote rating was trending higher (up-and-comers). Winners in this category included Choice Privileges, Avianca Lifemiles, Le Club AccorHotels, TAP Victoria, ANA Mileage Clubs and Trident Hotels Trident Privilege. The Freddie Awards represent excellence among travel loyalty programs around the globe and rate the best programs in six categories: Program of the Year, Best Promotion, Best Redemption Ability, Best Customer Service, Best Elite Program and Best Loyalty Credit Card. Voters had six weeks to vote and were permitted to vote for programs in one of three global regions: Americas, Europe/Africa and Middle East/Asia/Oceania. Voting also was available in nine different languages. The awards were announced this evening during a gala event at the Hyatt Regency Jersey City on the Hudson in Jersey City, New Jersey. More than 440 airline, hotel and credit card representatives attended the ceremony, along with frequent flyers who voted in this year’s awards. “We are delighted to once again allow frequent flyers throughout the world the opportunity to select the travel loyalty programs that they believe have achieved excellence,” said Randy Petersen, founder of the Freddie Awards. “This is not an elitist view of these programs nor a popular vote, but rather the ‘best’ are determined by the votes of those who spend a great deal of their life on the road and in turn are appreciative of the value they bring to their members.” The Freddie Awards are named after the late Sir Freddie Laker, who attracted fame (and a knighthood in the United Kingdom) for pioneering low-cost air travel across the Atlantic in the 1970s. The presenting sponsor this year was Barclaycard. Other sponsors included Points, eBags, Connexions Loyalty, BoardingArea and Mileslife. The Freddie Awards were custom designed by Society Awards. And the winners are: Americas Airline  Program of the Year — Southwest Airlines - Rapid Rewards  Best Elite Program — American Airlines - AAdvantage (6th consecutive year) Best Promotion — Avianca - LifeMiles  Best Customer Service — Southwest Airlines - Rapid Rewards  Best Redemption Ability — Southwest Airlines - Rapid Rewards 210 AWARD — Avianca - LifeMiles


News Article | April 26, 2017
Site: www.prlog.org

-- Palm Holdings, an international hospitality developer, has acquired a full-service Holiday Inn serving the Orlando and Celebration area.Palm Holdings has purchased the Holiday Inn Orlando SW - Celebration Area, 5711 W. Irlo Bronson Memorial Highway, Kissimmee. The Holiday Inn Orlando SW - Celebration Area is an official Walt Disney World Good Neighbor® Hotel just 2.5 miles from Walt Disney World Resort, which welcomes more than 50 million visitors annually and is the flagship location of Disney's worldwide theme park empire. The theme park is rapidly expanding with current and future developments, including the Disney Springs transformation, a 14-acre Star Wars-themed land, an 11-acre Toy Story Land and Pandora - The World of Avatar. The hotel is within a short drive to Orlando International Airport, Downtown Orlando, Orange County Convention Center, SeaWorld Orlando, Universal Orlando Resort, Old Town and an abundance of other internationally recognized attractions.The hotel offers 444 spacious guestrooms, a restaurant and lounge, over 4,000 square feet of conference and event space, a fitness center, a business center, an outdoor pool, a kids pool and a whirlpool in addition to free transportation to theme parks."The Holiday Inn Orlando SW is an ideal acquisition for us," said Rajan Taneja, SVP of Palm Holdings. "It is in the heart of Orlando's world-class attractions, which are always growing and offering new opportunities for guests. This gives us a launching pad to grow in the Central Florida hospitality space. We continue to look for outstanding properties, not only in Orlando, but across Florida."The acquisition gives Palm Holdings a total of 750 rooms under ownership and management in Florida, with 12 properties around the world.Palm Holdings sought the acquisition because of the hotel's location and access to the numerous developments happening in the area. The company looks to continue to invest and grow its hotel portfolio in the Central Florida market because of the evolution of the area's attractions, such as the construction of a new Universal Orlando water park, Volcano Bay.The Holiday Inn Orlando SW will be the location of the company's Florida corporate office. Palm Holdings also has offices in Toronto and London. In addition, Palm Holdings owns and manages the Inn at Calypso Cay – Lake Buena Vista South, which will open as the new Holiday Inn Express & Suites in fall 2017.The company recently won the InterContinental Hotels Group 2017 Developer of the Year Award for its work on another IHG property, the Holiday Inn Express & Suites Halifax-Bedford. It received the Developer of the Year Award for North America for Marriott Hotels in 2015 and is a winner of numerous other industry awards globally.For more information on Palm Holdings, visit www.palm-holdings.com.For bookings at the Holiday Inn Orlando SW – Celebration Area, visit https://www.ihg.com/ holidayinn/hotels/ us/en/kissimmee/ mco... Palm Holdings is an international hospitality and commercial development company specializing in acquiring, improving and managing hotels across North America and the United Kingdom. The family controlled company offers a wide range of business services including Palm Hospitality, an international hotel management and consultancy company; Palm Construction specializing in capital improvements, new developments and retrofits for hotels; as well as Palm Ventures, an equity services firm dedicated to acquiring and holding hospitality related real estate. Palm Holdings is one of the fastest growing hospitality firms with a portfolio spanning across three countries: the United States, Canada and the United Kingdom. The company builds brand equity through franchise models, management contracts, and outsourcing services with leading companies such as Marriott, IHG, Starwood, Choice Hotels, and many others. It is the winner of the Marriott Developer of the Year Award for North America in 2015 and IHG's Developer of the Year Award in 2017. For more details please go to http://www.palm- holdings.com/ IHG® (InterContinental Hotels Group) is a global organization with a broad portfolio of hotel brands, including InterContinental®Hotels & Resorts, Kimpton® Hotels & Restaurants, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Hotel Indigo®, EVEN™ Hotels, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites®.IHG franchises, leases, manages or owns more than 5,000 hotels and 744,000 guest rooms in nearly 100 countries, with more than 1,300 hotels in its development pipeline. IHG also manages IHG® Rewards Club, the world's first and largest hotel loyalty program with more than 92 million members worldwide.InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales. More than 350,000 people work across IHG's hotels and corporate offices globally.Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihg.com/media and follow us on social media at: www.twitter.com/ihg, www.facebook.com/ihg and www.youtube.com/ihgplc.

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