Starwood Capital Group has acquired Principal Hayley Group, a business, conference and events hotel group. The acquired company is a collection of 23 city center hotels and dedicated conference and training venues across the U.K. and Europe, which offer a combined capacity of approximately 4,000 bedrooms, over 500 meeting rooms and an ability to host more than 26,000 delegates per day in some locations. The acquisition continues Starwood's expansion in the hotel sector, particularly in Europe.
