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Starwood Capital Group is an investment firm headquartered in Miami Beach, Florida. [4] It is managed by Barry Sternlicht. [5] It was co-founded by Sternlicht and Robert Faith in 1991. [1] In 1993, Faith left Starwood to found Greystar Real Estate Partners. [1]
St. Regis Hotels & Resorts was Starwood's main luxury brand, launched in 1899. It is named for St. Regis New York, which was built in 1904 in Manhattan at 5th Avenue and 55th Street by John Jacob Astor IV, who also founded the Astoria Hotel (which later became the Waldorf-Astoria Hotel) and who died in 1912 on the RMS Titanic.
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The Westin St. Francis – San Francisco hotel on Union Square; The Westin Excelsior, Rome – The Villa La Cupola Suite, billed at US$30,000 per night, is listed at number 8 on World's 15 most expensive hotel suites compiled by CNN Go in 2012. [30] The Westin Palace Madrid; The Westin San Jose – Formerly the Saint Claire and Hyatt Saint Claire.
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Barry Stuart Sternlicht (born November 27, 1960) is an American billionaire and the co-founder (with Bob Faith), chairman, and CEO of Starwood Capital Group, an investment fund with over $100 billion in assets under management. [2]