Barry Sternlicht Quotations

As the facts change, change your thesis. Don't be a stubborn mule, or you'll get killed.

It is very important that a leader in the hotel industry be both creative, I think, and compassionate.

It's cheaper to buy a house and finance it than it is to rent in many markets.

The best advice is often the compliments received, and they are often about an associate who did something exceptional. I tell my teams that it's the random acts of kindness, the unexpected, that people remember most.

Booking windows are shrinking, and customers are going mobile: trends which position HotelTonight perfectly for the future.

I like to go to my simple cottage by the ocean or, really, any beach!

I see Baccarat in major gateway cities like Paris, Tokyo, Shanghai and Hong Kong and exotic resort locations.

I suppose I was a frustrated artist. I like fitting things together, and there are plenty of different ways to do that with real estate.

I wanted to start a hotel company from scratch.

I went to Brown University, but my mom said I couldn't be an artist because I would starve.

I've been down to the Ecolodge in Panama, but there really are only a handful of real green hotels in the U.S.

If it can be profitable to be green, that's just smart business.

Pay attention to the big themes because that's what will help you earn ten times your money.

Properties have different characteristics, like companies, and the market throws up more opportunities because it is inefficient.

The American dream is still to own your home.

There has to be a way to live the life you're accustomed to and not sacrifice things. Americans are not very good about sacrificing.

There's more single-family homes rented in the United States then there are apartments.

Today, when you're marketing a brand, you can't try to appeal to everybody. You should speak to a group of people and create them as loyalists.

We have an impact on nature, and nature has an impact on us.

You can learn everything that there is to know about the industry or the player from the company that is performing better or worse.

You go public because you want access to capital in the form of debt and equity.

I've been a supporter of green initiatives for years. I've been paying more and more attention to it, you know, with three kids. I thought it was tragic when the Kyoto Protocol was killed by the U.S. It was sort of a call to action.

If I had high-ticker 10 percent financing, which would probably be the market rate, I would have to dump stuff. The interest payments would be killing me.

We are going to make each hotel obscenely rich and obscenely beautiful and position them at the top off their markets.

Over the past several months, it became increasingly clear that it would be best for our company to focus on our core global hotel business,

We are excited about the opportunity to work with Mammoth on their transformation into a world-class resort destination with a real estate component to match one of the continent's finest mountains,

Expanding upon Starwood Capital's longstanding relationship with GE, we are extremely pleased to announce this venture. Private capital has played an important role in meeting growing electricity demand, and in the process, has helped provide efficient, low cost power on behalf of ratepayers. GE, the industry leader, and Starwood seek to provide critical development capital and expertise to developers for select opportunities in recovering power markets,

If the market feels it's a coin-toss, we'll have to do something to make it not seem like a coin-toss,

HOT POTATO MARKET. I would pay $100 million less for it.