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Starwood Capital and HHM enter into partnership
By Sarah Todd
Starwood Capital Group and Hersha Hospitality Management (HHM) are to go into partnership in a move aimed at providing the latter with the finance to expand its operations in the continental US.
Starwood Capital is a private investment firm focused on real estate, while the privately held HHM is a third-party hotel management company that currently operates more than 70 hotels in the US.
The new partnership will be looking to invest in select-service and full-service hotel management opportunities across the country. Details: www.starwoodcapital.com
Starwood Capital Group and Hersha Hospitality Management (HHM) are to go into partnership in a move aimed at providing the latter with the finance to expand its operations in the continental US.
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