Starwood Hotels & Resorts Worldwide, Inc.

News and overview for Starwood Hotels & Resorts Worldwide, Inc.

Starwood Hotels to relocate headquarters from White Plains, NY, to Stamford, Conn. -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 4 days 14 hours 28 minutes ago
STAMFORD, Conn. (AP) — Starwood Hotels & Resorts Worldwide Inc. says it will move its headquarters from White Plains, N.Y., to Stamford , Conn., in January 2012, with the help of millions of dollars in incentives from the state of Connecticut .


Starwood Hotels closes on sale of St. Regis space
Yahoo! | 10 days 22 hours 39 minutes ago
WHITE PLAINS, N.Y. – Starwood Hotels & Resorts Worldwide Inc. said Thursday it closed on the sale of St. Regis New York's retail space for $117 million to investment group GFC Fifth Avenue LLC.


Aloft Makes Landmark Debut in the Middle East [Press Release]
Business Wire | 19 days 14 hours 20 minutes ago
Starwood Hotels & Resorts Worldwide, Inc.® (NYSE:HOT) and its new destination sensation brand, Aloft® Hotels, today announce the opening of Aloft Abu Dhabi, the first Aloft to open in the Middle East and the second Aloft to open outside of North America.


Starwood to Offer Senior Notes Due 2019 [Press Release]
Business Wire | 18 days 10 hours 48 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), announced today that it intends to offer, subject to market and other conditions, 10-year senior notes through an underwritten public offering.


Starwood Poised to More Than Double Its Presence in China to 100 Hotels by 2012 [Press Release]
Business Wire | 39 days 13 hours 23 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announces the recent opening of its 50th hotel in China – the Sheraton Jinan Hotel. The opening reinforces Starwood’s leadership position in China where it has signed 18 new deals in the past 10 months and remains on track with plans to double its presence by 2012.


Starwood Hotels & Resorts Worldwide closes on sale of St. Regis New York retail space
Sun (Baltimore), The | 18 days 9 hours 37 minutes ago
Starwood Hotels & Resorts Worldwide Inc. said Thursday it closed on the sale of St. Regis New York's retail space for $117 million to investment group GFC Fifth Avenue LLC.


Starwood Prices $250 Million Debt Offering [Press Release]
Business Wire | 18 days 3 hours 43 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that it has priced an underwritten public offering of $250 million of 7.150% Senior Notes due 2019. The notes were offered to the public at a price of 97.559% of principal amount.


Guests Get Busy in the Kitchen at Element Hotels with Nintendo DS and Personal Trainer: Cooking [Press Release]
Business Wire | 13 days 9 hours 10 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) and its new eco-chic brand, Element Hotels, today announced a partnership with Nintendo to provide Nintendo DS™ systems pre-loaded with Personal Trainer™: Cooking software to hotel guests. The software, which acts as an interactive culinary coach, makes it easy for travelers to choose recipes, prepare shopping lists and cook meals in the comfort of their fully equipped in-suite kitchens. This is the latest in a series of initiatives being ...


Starwood Auction Offers Insider Access to the Hottest Events Money Can t Buy [Press Release]
Business Wire | 20 days 11 hours 56 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) and its award-winning loyalty program, Starwood Preferred Guest® (SPG) invites members to come behind the velvet rope at this season’s hottest events – all without spending a cent.


Starwood Hotels Set to Double Portfolio in Puerto Rico [Press Release]
Business Wire | 14 days 13 hours 20 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) – the hotel industry’s most global company – today announces it will double its presence in Puerto Rico in the next year with the opening of the island’s first W and St. Regis hotels and its second Sheraton.





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Company Overview


Company: Starwood Hotels & Resorts Worldwide, Inc.
Industry: Upscale & Luxury Hotels
Website: http://www.starwoodhotels.com

Starwood Hotels & Resorts Worldwide knows how to shine a light on hospitality. The company is one of the world's largest hotel and leisure companies, with about 950 properties in some 100 countries. Its hotel empire consists of luxury and upscale brands such as Four Points, Sheraton, and Westin. Starwood operates 70 high-end resorts and hotels through its St. Regis and Luxury Collection, while its chain of about 20 W Hotels offers ultra-modern style for sophisticated business travelers. Other brands include Le Méridien, Aloft, and Element. In addition, the company's Starwood Vacation Ownership subsidiary operates nearly 30 time-share resorts.


Key Numbers

Sales in U.S. Dollars (mil.) 5,907 (2008)
One-year % Growth in Sales -4.0 (2008)
Net Income in U.S. Dollars (mil.) 329 (2008)
One-year % Growth in Net Income -39.3 (2008)
Number of Employees 145,000 (2008)
One-year % Growth in Number of Employees -6.5 (2008)
Fiscal Year-End December