Starwood Capital Group is a private investment firm founded in 1991 by Barry Sternlicht. The company has invested over $60 billion of equity capital into various industries, including real estate, hospitality, energy and infrastructure development. In 2005, Starwood acquired Westin Hotels & Resorts for $14 billion to become one of the largest international hotel companies in the world. More recently, Starwood purchased Strategic Hotels and Resorts from Blackstone Group for approximately $6 billion dollars and has since gone on to make several more acquisitions within the industry. As of 2020, Sternlicht remains Chairman and CEO of Starwood Capital Group where he continues to lead investments across multiple asset classes around the globe.