Starwood Hotels & Resorts Worldwide, Inc.

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

Starwood Opens Its th Hotel In Asia Pacific And Signs New D
Hotel Interactive | 40 days 6 hours 43 minutes ago
Starwood Hotels Resorts Worldwide Inc NYSE HOT reaches another key milestone with the opening of its th hotel in Asia ...


Sheraton Puerto Rico Convention Center Hotel & Casino Celebrates Grand Opening; Starwood Hotels & Resorts and Interlink Group Unveil the New 503-Room Hotel
HotelsMag.com | 6 days 6 hours 18 minutes ago
Sheraton Puerto Rico also features a signature offering of the Sheraton brand's revitalization effort: Sheraton's "Link@SheratonSM experienced with Microsoft ." This unique lounge enables today's travelers to stay connected with instant access to information and technology for work, leisure and social networking. Designed as a social environment, The Link invites guests to interact with each other while they check their email, research local attractions and even print boarding passes using fr...


Starwood Becomes Senior Partner for Cornell School of Hotel Administration's Leadership Development Program; Starwood to Participate in the Program's Seminar Series, Conduct In-Hotel Student Training Sessions and Host Educational Programs at its Corporate Office
HotelsMag.com | 7 days 6 hours 21 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 second-quarter profit higher due to Italian tax credits
AH&LA SmartBrief | 123 days 17 hours 10 minutes ago
Starwood Hotels & Resorts Worldwide Inc. exceeded analysts' expectations by posting a second-quarter profit of 28%. Revenue for same-store hotels slid 27.7% worldwide and 25.4% in North America, but tax incentives in...


Four Points by Sheraton Expands Portfolio in the Raleigh Durham M
Hotel Interactive | 18 days 6 hours 32 minutes ago
Starwood Hotels Resorts Worldwide Inc NYSE HOT today announces the opening of Four Points by Sheraton Raleigh Durham Airport the ...


Starwood Plans to Relocate to Connecticut
Wall Street Journal, The | 4 days 5 hours 37 minutes ago
Lured by government incentives worth as much as $89.5 million, Starwood Hotels & Resorts Worldwide Inc. will move its corporate headquarters to Stamford, Conn., from New York's Westchester County, Connecticut Gov. M. Jodi Rell said Wednesday.


Starwood plans St. Regis hotel in Bermuda
AH&LA SmartBrief | 145 days 17 hours 10 minutes ago
Starwood Hotels & Resorts Worldwide Inc. says it plans to build a new St. Regis hotel in the Bermuda capital of Hamilton, representing the first luxury hotel to open...


Critical Alerts for Research in Motion, Valero, Arcelor Mittal, Apollo, and Starwood Hotels Released by Seven Summits Research [Press Release]
PRNewswire | 66 days 8 hours 37 minutes ago
...Valero, Arcelor Mittal, Apollo, and Starwood Hotels Released by Seven Summits Research PRNewswire...Energy Corp. , Arcelor Mittal , Apollo Group Inc. , and Starwood Hotels & Resorts Worldwide Inc. . In today's unsure markets these brief...


Starwood Opens Its 150th Hotel in Asia Pacific and Signs 23 New Deals in 2009; Starwood Extends Its Lead as Asia Pacific's Largest Upper-Upscale and Luxury Hotel Company with the Opening of the ITC Royal Gardenia, a Luxury Collection Hotel, Bengaluru
HotelsMag.com | 40 days 7 hours 35 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) reaches another key milestone with the opening of its 150thhotel 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 yea...


Starwoods Board Approves Per Share Dividend
Hotel Interactive | 21 days 2 hours 59 minutes ago
Starwood Hotels Resorts Worldwide Inc NYSE HOT announced today that its Board of Directors has declared the Companys annual cash ...


Starwood Hotels Signs an Agreement to Sell Bliss Spas to Steiner
Hotel Interactive | 20 days 5 hours 46 minutes ago
Starwood Hotels Resorts Worldwide Inc NYSEHOT announced today that the company has signed an agreement to sell the Bliss spa ...


Starwood Sees Solid Response For $300 Mln Note-Buyback Effort
Wall Street Journal, The | 2 days 18 hours 57 minutes ago
DOW JONES NEWSWIRES Starwood Hotels & Resorts Worldwide Inc. (HOT) said $325.8 million of senior notes maturing by 2013 have been tendered to the company's buyback effort.


Starwood Hotels to Move HQ From New York to Conn.
ABC News | 4 days 8 hours 59 minutes ago
Starwood Hotels to relocate headquarters from White Plains, NY, to Stamford, Conn.


Starwood to Sell Bliss Spa to Steiner
Wall Street Journal, The | 21 days 4 hours 50 minutes ago
Starwood Hotels & Resorts Worldwide Inc. said it plans to sell its Bliss spa and product business to Steiner Leisure Ltd. for $100 million as the company looks to focus on operating its hotels.


Starwood To Sell Spa Business To Steiner Leisure For $100M
Wall Street Journal, The | 19 days 23 hours 6 minutes ago
DOW JONES NEWSWIRES Starwood Hotels & Resorts Worldwide Inc. (HOT) said it plans to sell its Bliss spa and product business to Steiner Leisure Ltd. (STNR) for $100 million as the company looks to focus on operating hotels.





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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