property, barry sternlicht is close to selling a minority stake.as spoken to banks as prepares to sell shares in the firm, starwood capital has raised $23 billion of equities and bought more than 45 billion dollars in assets. the w hotel brand updating its a more rustic look. in ae location, a w chalet swiss ski town. >> the newest full-time resident, a four-star w that will stay open when most of the town shuts down. designers altered the slope so guests can ski right to the front door. level chairs for cocktail, a spa for partners who do not ski. those chalets do not look like a they have had to modify their design to fit the alpine profile. a test of whether or not there brand can survive that attitude. it begins on the mountain at the hotel's bar. there is an underground nightclub, a bunker that keeps its secrets buried. what do you need to do to make this part the spot? we have threeic, in-house djs. the atmosphere, we have that. the design of the bar is great. it is much more international than what you could find. >> 130 rooms and suites tha

continuing on, starwood capital ceo gets ready to sell shares, possible ipo for barry sternlicht.sell a minority stake , sternlicht is reported to have been speaking to banks preparing to sell shares. moment --e >> this is very typically, two nations involved, transnational deal with dublin, ireland working out of new york and new jersey. a stock and cash deal as well. i think you are more up to speed than i am, this is an industry of mating. most activectavis, buyer of pharmaceutical companies and last three years, made almost $50 million worth of bids. generic companies trying to continue to grow and eat up market share. puthe financing has been together, bank of america and mizuho securities. >> robert wolf, there is tax treatment and ireland, people get better tax treatment. we will talk about this, this has to do with transnational investment, no borders anymore. >> foreign direct investment into the u.s. is critical to our growth. as we will talk later, we have lost 50% of our market share of the last decade. china been taken over by as the number one inbound investment. it