Starwood Hotels & Resorts Worldwide, Inc.
News and overview for Starwood Hotels & Resorts Worldwide, Inc.
Starwood s Board Approves Annual Dividend of $0.20 Per Share [Press Release]
Business Wire | 20 days 22 hours 37 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that its Board of Directors has declared the Company’s annual cash dividend of $0.20 per share. The dividend will be paid on January 14, 2010 to shareholders of record on December 31, 2009.
Starwood Hotels Signs an Agreement to Sell Bliss Spas to Steiner Leisure for $100 Million [Press Release]
Business Wire | 20 days 20 hours 35 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that the company has signed an agreement to sell the Bliss spa and product company to Steiner Leisure Limited (Nasdaq:STNR) for $100 million. As part of the transaction, Bliss and Remede spas and amenities will remain exclusive to Starwood in the hotel category at W Hotels and St. Regis Hotels respectively.
Starwood Hotels Signs Agreement to Sell Bliss Spas to Steiner Leisure for $100 Million
Hotel News Resource | 19 days 13 hours 22 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that the company has signed an agreement to sell the Bliss spa and product company to Steiner Leisure Limited (Nasdaq:STNR) for $100 million. As part of the transaction, Bliss and Remede spas and amenities will remain exclusive to Starwood in the hotel category at W Hotels and St. Regis Hotels respectively.
Fitch Rates Starwood's 2019 Senior Notes 'BB+'; Outlook Negative [Press Release]
Business Wire | 17 days 14 hours 42 minutes ago
Fitch Ratings has assigned a 'BB+' rating to Starwood Hotels & Resorts Worldwide Inc.'s (Starwood) senior notes due 2019. The company is proposing to issue $250 million of the ten-year notes. The Rating Outlook remains Negative.
Starwood to Present at the Wells Fargo Consumer Growth Conference on Tuesday, October 27th, 2009 [Press Release]
Business Wire | 27 days 16 hours 37 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) will be making a presentation during Well Fargo’s Consumer Growth Conference in New York City on Tuesday, October 27th, 2009 at 8:30am Eastern time. Vasant Prabhu, Executive Vice President & Chief Financial Officer, will be speaking at the conference.
Sheraton Denver Downtown Hotel Unveils $70 Million Renovation [Press Release]
Business Wire | 4 days 16 hours 51 minutes ago
Sheraton Hotels & Resorts announced today the culmination of a $70 million renovation to the Sheraton Denver Downtown Hotel, Colorado’s largest hotel. Sheraton Denver’s extensive renovation is part of a $6 billion brand-wide global revitalization effort, which includes upgrading 100 hotels in the U.S., renovating 50,000 guest rooms and re-designing more than 100 new lobbies. To mark the celebration, Starwood CEO Frits van Paasschen will present a $5,000 contribution to Mayor John Hickenlooper...
Starwood Becomes Senior Partner for Cornell School of Hotel Administration's Leadership Development Program
Hotel News Resource | 5 days 12 hours 20 minutes ago
Starwood to Participate in the Program's Seminar Series, Conduct In-Hotel Student Training Sessions and Host Educational Programs at its Corporate Office
Zacks Industry Outlook Highlights: Starwood Hotels and Resorts Worldwide Inc., Marriott International Inc., Marcus Corp., Choice Hotels International Inc. and Wyndham Worldwide Corp. [Press Release]
Business Wire | 3 days 14 hours 37 minutes ago
Zacks.com releases the latest Industry Outlook. Today, Zacks Equity Research discusses the Hotels and Lodging Industry, including Starwood Hotels and Resorts Worldwide Inc. (NYSE: HOT), Marriott International Inc. (NYSE: MAR), Marcus Corp. (NYSE: MCS), Choice Hotels International Inc. (NYSE: CHH) and Wyndham Worldwide Corp. (NYSE: WYN).
Starwood Preferred Guest Launches New Twitter, Facebook and iPhone Applications [Press Release]
Business Wire | 42 days 37 minutes ago
Starwood Preferred Guest® (SPG) today announces the launch of a new suite of Twitter, Facebook and iPhone™ applications, which can be accessed at www.spg.com/stayconnected. The move comes as part of the SPG program’s overall commitment to providing insider access for its loyal guests by tapping into the power of social media.
Sheraton Hotels & Resorts Introduces New Website and Becomes First in the Industry to Use Facebook Connect [Press Release]
Business Wire | 13 days 20 hours 58 minutes ago
Sheraton Hotels & Resorts announced today the launch of the new sheraton.com, the first hotel industry website to feature Facebook Connect and allow visitors to interact with their friends and family by sharing their travel experiences through today’s most popular social networking site. In 2006, sheraton.com became the first hotel industry website to embrace social media by featuring user generated content. Today, the brand continues to enhance the social media experience for guests by tappi...
Four Points by Sheraton Chicago O Hare Airport is Refreshed, Following Renovation [Press Release]
Business Wire | 41 days 23 hours 37 minutes ago
Four Points by Sheraton Chicago O’Hare Airport is putting the final touches on a $5 million renovation that has resulted in significant upgrades to the lobby, guest rooms, restaurant and fitness center, as part of the Four Points by Sheraton global revitalization campaign. In the past five years, Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) and its licensees have invested more than $1 billion to reinvent the Four Points by Sheraton brand driven by major property renovations, conversi...
Four Points by Sheraton Ventura Harbor is Refreshed and Renovated [Press Release]
Business Wire | 24 days 23 hours 37 minutes ago
Four Points by Sheraton Ventura Harbor boasts a whole new look, after completing a more than $2.5 million renovation in May 2009. The hotel now offers a refurbished lobby, restaurant, guest rooms and conference center as part of the Four Points by Sheraton global revitalization campaign. In the past five years, Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) and its licensees have invested more than $1 billion to reinvent the Four Points by Sheraton brand, driven by major property renov...
Starwood Commands Top Price for Luxury Shops at St. Regis
Wall Street Journal, The | 16 days 21 hours 13 minutes ago
Starwood One of the busiest corners in the world for luxury retail has commanded a price that fits that title.
Video: Sheraton Hotel Guests Stay Free as Industry's Most Recognized Brand Celebrates the Culmination of $6 Billion Global Revitalization [Press Release]
PRNewswire | 53 days 23 hours 32 minutes ago
WHITE PLAINS, N.Y., Sept. 30 /PRNewswire/ -- Sheraton Hotels & Resorts wants consumers to see what a difference $6 billion can make so the hotel giant is giving away thousands of free rooms for one night only at 86 hotels throughout North America to celebrate the completion of the brand's multi-billion global revitalization effort. Consumers can visit
Sheraton Hotels & Resorts to Showcase Windows 7 Before Official Launch [Press Release]
Business Wire | 41 days 7 minutes ago
Sheraton Hotels & Resorts continues to solidify its position as an industry powerhouse by working closely with Microsoft Corp. to showcase Windows 7, the software company’s new operating system, prior to its official public launch on October 22. Sheraton Hotels has also partnered with HP to feature Windows 7 on HP’s next-generation, touch-enabled Business TouchSmart PCs at select Sheraton properties. The new state-of-the art offerings are part of a $6 billion worldwide effort to revitalize th...
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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 |
