Westin Hotels
In 1994, in partnership with Goldman Sachs, the company purchased Westin Hotels &amp; Resorts in a $561 million transaction. In January 1995, Starwood purchased Hotel Investors Trust, an almost-bankrupt real estate investment trust, and in 2005, acquired Groupe du Louvre, which owned crystal maker Baccarat. Groupe de Louvre was sold in 2015, but Baccarat was retained by Starwood.