Investors shift as Starwood’s review rolls on | hotelnewsnow.com

Nearly four months have passed since executives at Starwood Hotels & Resorts Worldwide announced their exploration of strategic and financial alternatives. And some investors are getting antsy. Most notable is Senator Investment Group, the multibillion-dollar hedge fund that was a vocal advocate of Starwood’s strategic review earlier this year. The company reportedly has exited its 1.3% ownership position, according to analysts.