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New-Builds Section Sternlicht And Starwood Capital To Put $500 Million In India For Crillon, ‘1’ Hotels And Residences And Budget Hotel Chain, Campanile. The investment On November 14, 2006, Bloomberg reported that Barry Sternlicht’s Starwood Capital Group LLC would invest up to $500 million in India over the next 3 years to promote its Crillon, “1” Hotels and Residences, and Campanile brands. Starwood is reportedly in talks to buy its first property for $50 million according to Sternlicht in an interview in Mumbai, India. The purchase is to be completed by the end of March 2007. Why Sternlicht thinks India is a great place to invest now.... know more .. click here | Daily Extras! Eclat Me | Success Tip of the Day| 1DailyDiversion| Eclat Web - Must Visit Websites! A Beautiful Pic Every Day! Word of the Day| Quotation of the Day| Make Money! Immigration News! Desire- WOW Stuff! Stock Mkt Updates |
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