Starwood Hotels & Resorts to Increase Hotel Footprint by 50 Percent in Latin America in the Next Five Years
by Robert Diamond
- May 15, 2013
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced that it will increase its operating hotel footprint in Latin America by 50 percent during the next five years, opening an average of seven new hotels per year in the region. Emphasizing Latin American's growth potential as one of the world's fastest growing hotel and travel markets, Starwood's CEO Frits van Paasschen and members of the company's senior executive team visited Latin America last week, traveling to key growth markets, including Brazil and Colombia.
Starwood Hotels & Resorts Concludes Month-Long Immersion in Dubai
by Robert Diamond
- Apr 4, 2013
Marking the conclusion of Starwood's month-long relocation to Dubai, Frits van Paasschen, President & CEO of Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), today shared highlights and insights from the company's immersion in the Middle East.
Starwood Launches 'Style-at-a-Steal' Aloft Brand in Tucson, Arizona
by Robert Diamond
- Apr 2, 2013
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that its 'Style-at-a-Steal' Aloft brand celebrates the debut of Aloft Tucson University. The opening also marks the completion of yet another Aloft conversion project, helping to accelerate the brand's phenomenal global growth. Owned by Starwood Hotels, the former Four Points by Sheraton property underwent a significant renovation to reposition it as an Aloft hotel. Catering to next generation travelers, Aloft Tucson University offers 154 spacious, loft-like rooms, leading-edge technology and a buzzing, social atmosphere.
Starwood Hotels Completes Sale of W New Orleans â€" French Quarter
by Robert Diamond
- Apr 1, 2013
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has completed the sale of W New Orleans - French Quarter to Chesapeake Lodging Trust (NYSE: CHSP) for $25.5 million. As part of the agreement, the hotel will continue to fly the W brand flag under a long-term management contract with Starwood Hotels.