Starwood Selling Two NYC W Hotels | wsj.com

Starwood Hotels & Resorts Worldwide Inc. is selling two of its W hotels in Manhattan to London-based St. Giles Hotels, which will take over management of the properties. The two hotels—W The Court at 130 E. 39th St. and W The Tuscany at 120 E. 39th St.—will together fetch $78 million, spokeswoman KC Kavanagh said Tuesday.