Starwood Hotels & Resorts Worldwide plans to expand across the Middle East and North Africa, opening 41 hotels in the next three years, despite political turmoil in the region. Roeland Vos, president for Europe, Africa and the Middle East, said the company is seeing tremendous growth in the region. "We're in a cyclical business, and things like what happened in Japan and the Middle East haven't changed the way we think," Vos said.

Full Story:

Related Summaries