Starwood Hotels & Resorts Worldwide, Inc.

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

Video: A Great Night's Sleep Trumps Great Sex in New Westin Hotels Sleep Study [Press Release]
PRNewswire | 97 days 16 hours 53 minutes ago
WHITE PLAINS, N.Y., Aug. 17 /PRNewswire/ --


Starwood Hotels Closes on Sale of St. Regis Space
ABC News | 17 days 16 hours 29 minutes ago
Starwood Hotels & Resorts Worldwide closes on sale of St. Regis New York retail space


Seven Summits Research Releases Comments on Microsoft, Amazon.com, Celgene, Starwood Hotels and Gilead Sciences [Press Release]
PRNewswire | 34 days 15 hours 23 minutes ago
...Microsoft, Amazon.com, Celgene, Starwood Hotels and Gilead Sciences PRNewswire CHICAGO Oct...Guide: Microsoft Corp. , Amazon.com Inc., Celgene Corp. , Starwood Hotels and Resorts Worldwide Inc. and Gilead Sciences Inc. . "Our Stocks...


New Issue-Starwood Hotels sells $250 mln in 10-yr notes
Reuters | 17 days 12 hours 40 minutes ago
Nov 5 (Reuters) - Starwood Hotels & Resorts Worldwide Inc (HOT.N) on Thursday sold $250 million of senior unsecured notes, said IFR, a Thomson Reuters service.


Starwood's Profit Tumbles 65% on Weak Demand
Wall Street Journal, The | 31 days 22 hours 38 minutes ago
Starwood Hotels & Resorts Worldwide Inc.'s third-quarter earnings fell 65% amid slumping consumer demand, though results topped expectations.


Foster Wheeler Shareholders Elect Clayton Daley to Board of Directors [Press Release]
Business Wire | 18 days 21 hours 24 minutes ago
Foster Wheeler AG (Nasdaq:FWLT) announced today that its shareholders have elected Clayton C. Daley, Jr. to the company’s board of directors.


Starwood Hotels 3rd-qtr profit fall 64 pct as travel slump continues; room rates low
Star Tribune (Minneapolis-St. Paul, Minn.) | 31 days 15 hours 36 minutes ago
MILWAUKEE - As Starwood Hotels & Resorts Worldwide Inc., owner of Sheraton, W and other brands, cut room rates in the third quarter to bring travelers back, its profit fell 64 percent, and it expects another tough year.


Starwood Hotel's Denise Coll Inducted into the Massachusetts Lodging Association Hall of Fame
Hotel News Resource | 17 days 16 hours 16 minutes ago
Starwood's President of North America Division Recognized for Dedication and Contribution to Lodging Industry During 30 Year Career


Starwood 3Q Profit Tumbles 65% On Weak Demand, Tops Views
Wall Street Journal, The | 31 days 4 hours 24 minutes ago
DOW JONES NEWSWIRES Starwood Hotels & Resorts Worldwide Inc.'s (HOT) third-quarter earnings fell 65% amid slumping revenue per available room, though results topped expectations.


UPDATE 1-Starwoods sells Bliss spas to Steiner for $100 mln
Reuters | 20 days 16 hours 12 minutes ago
NEW YORK, Nov 2 (Reuters) - Starwood Hotels & Resorts Worldwide Inc (HOT.N) said on Monday it is selling its Bliss spa unit to Steiner Leisure Limited (STNR.O) for $100 million.


Earnings Preview: Starwood Hotels & Resorts
Seattle Times, The | 33 days 10 hours 3 minutes ago
CHICAGO Starwood Hotels & Resorts Worldwide Inc. reports results for the third quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period.


Earnings Preview: Starwood Hotels & Resorts - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 33 days 10 hours 12 minutes ago
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Earnings Preview: Starwood Hotels & Resorts - National Business - MiamiHerald.com
Miami Herald, The | 33 days 9 hours 49 minutes ago
CHICAGO -- Starwood Hotels & Resorts Worldwide Inc. reports results for the third quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period.


UPDATE 1-Starwood sells retail space in St. Regis NY hotel
Reuters | 17 days 18 hours 32 minutes ago
NEW YORK, Nov 5 (Reuters) - Starwood Hotels & Resorts Worldwide Inc (HOT.N) said on Thursday it sold 24,700 square feet of retail space at its St. Regis New York hotel for $117 million and will use the proceeds to pay down debt.


India : Starwood Opens Luxury Collection Hotel in Bengaluru, India
HotelsMag.com | 34 days 18 hours 41 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...





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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