Tag Archives: Michael Wale

Katara Hospitality expands global portfolio with the acquisition of the Westin Excelsior Rome from Starwood Hotels & Resorts

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Doha, Qatar, 2015-9-21 — /Travel PR News/ — Katara Hospitality, the global hotel developer, owner and operator today announced the expansion of its global portfolio with the acquisition of the Westin Excelsior Rome from Starwood Hotels & Resorts Worldwide, Inc. As part of the deal, the historic hotel will be renovated in the next five… Read the full press release

Starwood Hotels & Resorts Worldwide inc to sell The Westin Excelsior Rome to Katara Hospitality for EUR222 million

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Signs new Long-Term Management Agreement for Historic Hotel STAMFORD, Conn., 2015-9-21 — /Travel PR News/ — Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has agreed to sell The Westin Excelsior Rome to Katara Hospitality for €222 million ($251 million in USD). As part of the deal, the historic hotel will be renovated in… Read the full press release