Article: STARWOOD GROUP AND JIN JIANG HOTELS ENTER STRATEGIC RELATIONSHIP.

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Starwood Capital Group and Jin Jiang Hotels Enter Strategic Relationship

GREENWICH, Conn., Dec. 6 /PRNewswire-AsiaNet/ --

Partnership Combines One of the Largest Asian-Owned Hotel Brands with Starwood Capital's Extensive Acquisition and Management Experience

Starwood Capital Group announced today that it has entered into a strategic relationship with Shanghai Jin Jiang International Hotels (Group) Company Limited ("Jin Jiang"), one of China's largest hotel operators.

Under the terms of the agreement, Starwood Capital will make a $30 million ...

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