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Starwood Tabs $200 Million For The Luxury Collection North America; Plans Significant Global Growth

Business & Finance : Forbes: Business

Exclusive: Starwood Hotels & Resorts is planning to significant growth for The Luxury Collection with a focus on major metropolitan markets and resorts. It is also investing $200 million upgrading North American properties of The Lu...

China's Richest Man Is A Property Mogul Who Likes To Sing Folk Songs At Meetings

Business & Finance : Business Insider: Clusterstock

China's richest man is now Wang Jianlin, according to Bloomberg's team of billionaire hunters. He's the chairman of the Dalian Wanda Group — a conglomerate that holds shopping centers, five star hotels, movie theaters, and more — an...

Taj Sets Its Sights On India, Southeast Asia And The Middle East With 17 New Hotels

Business & Finance : Forbes: Business

With a new management team in place and the backing of global powerhouse Tata Group, Taj Hotels Resorts and Palaces is planning to add 17 properties and 2,000 rooms by the end of 2016.

South Korea's LG Group says plans record 6.3 trillion R&D investment in 2015

Business & Finance : Business Insider: Clusterstock

SEOUL (Reuters) - South Korean conglomerate LG Group on Thursday said its companies plan to invest a record 6.3 trillion won ($5.57 billion) in research and development in 2015 to secure future growth. LG Group, which has arms inclu...

Plaza Hotel Sold to Indian Conglomerate

Business & Finance : DealBook

Elad Properties, a real estate company that owns New York's Plaza Hotel, said it agreed to sell a controlling stake in the property for $570 million to Sahara India Pariwar, a conglomerate based in Lucknow, India, according to The N...


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