by Lisa A. Grimaldi | February 06, 2013

Starwood Capital Group will launch two new hotel brands, the luxury Baccarat Hotels & Resorts, and the lifestyle eco-brand 1 Hotels & Resorts. The first five hotels will open over the next 24 months under the group's hotel brand management company, SH Group. They are the Baccarat Hotel & Residences New York (New York City); Baccarat Hotel Rabat (Morocco); 1 Hotel & Residences South Beach (Miami); 1 Hotel Central Park (New York City) and 1 Hotel Brooklyn Bridge Park (Brooklyn, N.Y.). Baccarat Hotel & Residences New York, set to open in 2014, will feature 114 guest rooms including 26 suites, as well as 61 private residences, a stand-alone "crystal bar" surrounded by an outdoor terrace, a spa, an indoor pool and a fitness facility.