Starwood’s Second Act
What do you do when you sell your hotel group for a little north of $13.6 billion? The average person would retire. But not Barry Sternlicht. Instead, he went on to build another hotel portfolio, which includes the Baccarat. Now, he’s bringing Starwood Hotels back for a show-stopping second act. What is happening? Starwood Hotels and Resorts was sold to Marriott in 2016. But Barry Sternlicht didn’t hang up his hospitality hat after leaving Starwood. Now, Barry Sternlicht is reviving…
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