Lending freeze curbs Starwood's European expansion

11/14/2011 | Reuters

A number of developers who partnered with Starwood Hotels and Resorts for the hotelier's expansion drive in Europe have postponed projects after banks trimmed real estate loans in the region. Starwood this year has opened 12 of 50 properties planned across the Middle East, Africa and Europe.

View Full Article in:

Reuters

Published in Brief: