Starwood Capital Group will make a new bid for Extended Stay Hotels, which in June filed the largest bankruptcy case by a US hotel owner, a Starwood lawyer said in court.

“We’re interested in bidding for this company,” Bruce Zirinksy told US Bankruptcy Judge James Peck yesterday at a hearing in Manhattan to approve the bidding procedures. “We think we have already, through our prior bid, increased the company’s value by several hundreds of millions of dollars.”