Case | HBS Case Collection | 2001 (Revised from original 2000 version)

Astor Park Hotel

by William J. Poorvu, Arthur I Segel and Matthew C. Lieb

Abstract

Starwood Hotels, the world's largest REIT, is interested in acquiring an underperforming hotel in the Pacific Northwest. Steve Goldman, Starwood's VP of acquisitions and development, is wondering how much to pay for the property and how to reposition it.

Keywords: Entrepreneurship; Mergers and Acquisitions; Asset Pricing; Property; Investment; Accommodations Industry; Northwestern United States;

Citation:

Poorvu, William J., Arthur I Segel, and Matthew C. Lieb. "Astor Park Hotel." Harvard Business School Case 800-194, August 2001. (Revised from original February 2000 version.)