Starwood Hotels & Resorts Worldwide, Inc.

Starwood Announces Early Tender Results of its Cash Tender Offer for up to $300,000,000 Aggregate Principal Amount of Certain of its Outstanding Notes [Press Release]
Business Wire | 2 days 19 hours 19 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), today announced that, as of 5:00 p.m., New York City time, on November 19, 2009 (the “Early Tender Date”), $193,652,000 aggregate principal amount of its 7⅞% Senior Notes due 2012 (CUSIP No. 85590AAD6/U85650AB2) (the “2012 Notes”) and $132,107,000 aggregate principal amount of its 6¼% Senior Notes due 2013 (CUSIP No. 85590AAK0) (the “2013 Notes” and, together with the 2012 Notes, the “Notes”) have been tendered and not validly withdrawn i...

Westin Hotels Opens Six Hotels in Six Weeks [Press Release]
Business Wire | 3 days 21 hours 2 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announces the opening of six new Westin hotels the remaining six weeks of the year. The upcoming openings underscore the Westin brand’s focus on international expansion and will include locations in India: The Westin Hyderabad Mindspace, The Westin Mumbai Garden City and The Westin Pune Koregaon Park; China: The Westin Tianjin; and the United States: The Westin Washington Dulles Airport and The Westin Lake Mary, Orlando North.

Sheraton Puerto Rico Convention Center Hotel & Casino Celebrates Grand Opening [Press Release]
Business Wire | 6 days 18 hours 31 minutes ago
Starwood Hotels and Resorts Worldwide, Inc. (NYSE:HOT) and Interlink Group announced today the grand opening of the new Sheraton Puerto Rico Convention Center Hotel & Casino. Located adjacent to the Puerto Rico Convention Center in San Juan’s newest vibrant commercial and residential district, the new 503-room property welcomes both business and leisure travelers, offering exceptional meeting facilities, a full-service casino and resort-like amenities, including a sundeck/pool, spa and retail...

Starwood Becomes Senior Partner for Cornell School of Hotel Administration s Leadership Development Program [Press Release]
Business Wire | 6 days 21 hours 2 minutes ago
The Cornell School of Hotel Administration and Starwood Hotels and Resorts Worldwide, Inc. (NYSE: HOT), two recognized leaders in the hospitality industry, have developed a corporate alliance that will begin with Starwood’s three-year senior partnership of the school’s Leadership Development Program (LDP). The alliance will formally begin January 1, 2010, and continue through December 31, 2013.

Starwood Opens Its 150th Hotel in Asia Pacific with the Debut of ITC Royal Gardenia, a Luxury Collection Hotel in Bengaluru, India [Press Release]
Business Wire | 32 days 22 hours 2 minutes ago
Starwood Hotels and Resorts Worldwide, Inc. (NYSE: HOT) today announces the opening of its 150th hotel in Asia Pacific with the debut of ITC Royal Gardenia, a Luxury Collection Hotel in Bengaluru, India’s third largest metropolis. Owned by ITC Limited, the hotel features 292 luxuriously appointed guest rooms and suites, an outdoor pool, tropical gardens, five world class restaurants and lounges, a state-of-the-art business center and a signature spa. Committed to sustainable luxury, ITC Royal...

Starwood Announces Cash Tender Offer for Outstanding Notes [Press Release]
Business Wire | 17 days 18 hours 25 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase up to $300,000,000 aggregate principal amount (subject to increase by Starwood, the “Aggregate Maximum Tender Amount”) of its 7⅞% Senior Notes due 2012 (CUSIP No. 85590AAD6/85590AAC8) (the “2012 Notes”) and 6¼% Senior Notes due 2013 (CUSIP No. 85590AAK0) (the “2013 Notes” and, together with the 2012 Notes, the “Notes”) subject to the Maximum Tender ...

Starwood Opens Its 150th Hotel in Asia Pacific and Signs 23 New Deals in 2009 [Press Release]
Business Wire | 39 days 22 hours 2 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) reaches another key milestone with the opening of its 150th hotel in Asia Pacific – the ITC Royal Gardenia, a Luxury Collection Hotel in Bengaluru. The opening of the 292-room hotel in India underscores Starwood’s long-term strategic growth plans in Asia Pacific, where it has executed 23 new deals in 2009. This year, Starwood has also opened seven hotels prior to the opening of ITC Royal Gardenia with another seven slated to open by year end.