(Bloomberg) -- Billionaire Barry Sternlicht said it was “a very tough decision” to further limit withdrawals from Starwood Real Estate Income Trust, the $10 billion fund that found itself stuck between investors’ desire to redeem shares and a distaste for selling at a discount. Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityBlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSEModi’s Magic Is Fading Fast. Who’s Next for India?Short Sellers in Dange
Marriott's (MAR) focus on digital enhancements will unlock new revenue opportunities and strengthen the operating model. However, an uncertain macroeconomic environment is a concern.
Marriott (MAR) strengthens its luxury offerings by converting three iconic US properties.