This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Starwood Hotels’ Sizzling Aloft Brand Arrives On Cleveland’s East Side

Stocks in this article: HOT

Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), today announced the opening of an Aloft hotel in Beachwood, Ohio, a fast-growing, up-scale suburb of Cleveland. Aloft Beachwood is the second Aloft in greater Cleveland, following the recent opening of Aloft Cleveland Downtown. Owned by Boutique Hotel LP and managed by Midas Hospitality, Aloft Beachwood features an urban design aesthetic with 135 stylish guest rooms including seven suites, 1,890 square feet of meeting space, and a lively social atmosphere.

“Aloft Beachwood offers travelers an exciting new option in Cleveland’s east side suburban business district,” said Brian McGuinness, Senior Vice President of Specialty Select Brands for Starwood. “Aloft recently reached the 75 th hotel milestone, fueled by the enthusiasm of its strong and loyal base of next generation travelers who appreciate the brand’s leading-edge design and buzzing social scene.”

Conveniently situated off of the bustling I-271 corridor, Aloft Beachwood is directly in front of Eaton Corporation’s new U.S. headquarters and across from University Hospital’s Ahuja Medical Center. Just 25 minutes from Cleveland Hopkins International Airport (CLE), the newly constructed hotel is located within Chagrin Highlands, a 630-acre development that includes technology companies, medical research and development, conference and meeting facilities, shops and restaurants.

“Aloft Beachwood will energize the lodging market by meeting the pent-up demand for stylish, lifestyle lodging in this fast-growing area,” said Kurt Furlong, Midas EVP & Principal, Sales & Marketing. “We expect the new Aloft to become a local hotspot, attracting both savvy travelers and area professionals to the W XYZ bar.”

“Aloft Beachwood is an exciting new addition to the hotel market on Cleveland’s east side,” said Scott Berkowitz, Developer, Boutique Hotel LP. “Travelers will also appreciate the hotel’s prime location near Eaton’s new World headquarters and numerous Fortune 100 companies.”

Pioneering initiatives in music, design and technology have positioned Aloft hotels as a must-have brand for the next generation of travelers. Aloft has reported consistently high guest satisfaction scores since launch, reflecting the success of its modern and vibrant design at an affordable price point.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,386.50 -292.20 -1.65%
S&P 500 2,042.99 -14.10 -0.69%
NASDAQ 4,698.2940 -73.4690 -1.54%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs