Starwood Hotels & Resorts Worldwide, Inc.
News and overview for Starwood Hotels & Resorts Worldwide, Inc.
Starwood Reports Third Quarter 2008 Results [Press Release]
Business Wire | 40 days 10 hours 19 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today reported third quarter 2008 financial results.
Starwood Reports Second Quarter 2008 Results [Press Release]
Business Wire | 131 days 10 hours 19 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today reported second quarter 2008 financial results.
The Netherlands' Landmark Hotel Becomes Hotel Des Indes, a Luxury Collection Hotel, The Hague [Press Release]
Business Wire | 20 days 34 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announces the introduction of the Hotel Des Indes, a Luxury Collection Hotel, The Hague to The Luxury Collection Hotels & Resorts, a glittering ensemble of more than 65 of the world’s finest hotels and resorts in more than 26 countries in bustling cities and spectacular destinations around the world. The 92-room hotel, recently renovated by world-renowned architect Jacques Garcia, is located in The Hague, the Netherlands, overlooking the c...
Aloft Hotels Makes Landmark Debut in China [Press Release]
Business Wire | 20 days 4 hours 38 minutes ago
aloha! Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) and its highly anticipated new lifestyle brand, AloftSM hotels announce the opening of Aloft Beijing, Haidian. The 186 room, new-build hotel owned by Yong Tai Real Estate Group (Beijing) Co. is the first Aloft in Asia Pacific and the first Aloft to open outside North America.
Starwood Reports Strong Fourth Quarter and Full Year 2007 Results [Press Release]
Business Wire | 306 days 8 hours 47 minutes ago
Starwood Hotels & Resorts Worldwide, Inc.(NYSE: HOT) today reported strong fourth quarter 2007 financial results, driven by double-digit worldwide REVPAR increases and higher operating margins.Fourth Quarter 2007 Highlights -- Excluding special items, EPS from continuing operations was $0.
SLS Hotel at Beverly Hills, a Luxury Collection Hotel Officially Opens Its Doors [Press Release]
Business Wire | 28 days 23 hours 8 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) and SBE today announced the debut of the 297 room Philippe Starck-designed SLS Hotel at Beverly Hills, A Luxury Collection Hotel. Introducing dynamic new concepts for dining and guest services, SLS offers a truly evolved luxury hospitality experience for today’s global explorer. Created by some of the world’s most talented minds, SLS features exclusive designs and custom furnishings by Philippe Starck, a culinary program crafted by Spanish...
Starwood Reports Strong First Quarter 2008 Results [Press Release]
Business Wire | 222 days 10 hours 19 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today reported strong first quarter 2008 financial results.
Starwood Hotels & Resorts Worldwide, Inc. Appoints Longtime Procter & Gamble Executive Clayton C. "Clayt" Daley, Jr. to Board of Directors [Press Release]
Business Wire | 22 days 6 hours 49 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), one of the world’s largest hotel and leisure companies, announced today the appointment of Clayton C. Daley, Jr. to the Company’s Board of Directors. Mr. Daley, 57, is currently Vice Chair and Chief Financial Officer for Procter & Gamble.
Business Travelers Rejoice! [Press Release]
Business Wire | 75 days 7 hours 49 minutes ago
aloha! Starwood Hotels & Resorts Worldwide, Inc.® (NYSE:HOT) and its much-anticipated new lifestyle brand, aloftSM hotels, today announced the opening of aloft Nashville – Cool Springs in the upscale Cool Springs District of Williamson County, just minutes south of Nashville, Tennessee. The hotel is owned by a joint venture in which Interstate Hotels & Resorts (NYSE: IHR) and The John Buck Company (TJBC) of Chicago, Ill., a real estate development firm, are partners.
St. Regis Makes Landmark Debut in Latin America with the Opening of The St. Regis Punta Mita Resort [Press Release]
Business Wire | 29 days 4 hours 44 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced the debut of its renowned St. Regis brand in Latin America with the opening of The St. Regis Punta Mita Resort. A joint venture between Starwood Hotels & Resorts and Ideurban Consultores, the luxurious new destination resort is located in Bahía de Banderas, one of the worlds’ most alluring private beaches in the state of Riviera Nayarit, Mexico. Offering an unrivaled dimension of opulence, bespoke service and refined elegan...
The Luxury Collection Hotels & Resorts Proudly Brings Eco-Luxury to Downtown Portland with the Debut of the Nines, a Luxury Collection Hotel [Press Release]
Business Wire | 40 days 7 hours 19 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) and Sage Hospitality today proudly announced the opening of the Nines, a Luxury Collection Hotel, unveiling a new level of style, sophistication and eco-luxury to the Pacific Northwest. A vital part of the revitalization of downtown Portland, the Nines features 331 luxuriously appointed guest rooms and suites, an extensive art collection featuring rotating installations by local artists, a stylish modern steakhouse, a private floor-to-ceil...
Starwood Hotels Spreads Holiday Cheer This Season With Special Family Fun Vacation Packages Offered at 30 Starwood Love Your Family Resorts [Press Release]
Business Wire | 12 days 3 hours 29 minutes ago
Starwood Hotels & Resorts wants to give families an early gift this holiday season. Available now through December 31, 2008 experience a “Family Fun” vacation package at one of Starwood’s 30 Love Your Family Resort locations flying the Sheraton, Westin, St. Regis and The Luxury Collection brand flags across North America. Packed with exclusive discounts and amenities, savvy travelers can enjoy daily resort credits up to $100; “Kids Eat Free;” guaranteed connecting rooms and signature family a...
Philips and Starwood Sign Exclusive 'Green TV' Deal [Press Release]
Business Wire | 36 days 6 hours 19 minutes ago
Philips Electronics (NYSE:PHG, AEX:PHI) today announced the signing of an exclusive three year agreement with Starwood Hotels and Resorts, Inc. (NYSE:HOT) to provide Philips’ latest range of SmartPower2 energy efficient televisions to Starwood’s 460 properties across North America. The deal, which could be worth up to $100 million with existing opportunities and expected growth, will see industry-leading energy efficient televisions installed in new hotels and existing Starwood properties loo...
Starwood Hotels & Resorts Announces Its 100th Hotel in China [Press Release]
Business Wire | 119 days 54 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) marks a milestone in its aggressive growth in Greater China announcing the signing of the Sheraton Beijing Dongcheng Hotel, their 100th hotel in the area. As the first international hotel chain to enter China when the historic Great Wall Beijing Sheraton Hotel was established in 1985, Starwood today is the largest international upscale hotel company in China and continues to grow its footprint there with the expansion of its brands includi...
Starwood Completes Sale of Iconic Turnberry Resort in Scotland to Leisurecorp [Press Release]
Business Wire | 32 days 4 hours 21 minutes ago
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that the sale of the iconic 219-room Turnberry Resort, Ayrshire, Scotland, to Leisurecorp, the Dubai World company, for £55 million (approximately USD$100 million), has been completed. Starwood has entered a 50-year management agreement to manage the hotel and after an extensive £30 million (approximately USD$49 million) restoration, the property will become a member of its prestigious Luxury Collection portfolio.
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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 nearly 900 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. Some 400 of Starwood's hotels are owned and operated by franchisees; the company owns or leases about 75 locations. In addition, the company's Starwood Vacation Ownership subsidiary operates nearly 30 time-share resorts.
Key Numbers
| Sales in U.S. Dollars (mil.) | 6,153 (2007) |
|---|---|
| One-year % Growth in Sales | 2.9 (2007) |
| Net Income in U.S. Dollars (mil.) | 542 (2007) |
| One-year % Growth in Net Income | -48.0 (2007) |
| Number of Employees | 155,000 (2007) |
| One-year % Growth in Number of Employees | 6.9 (2007) |
| Fiscal Year-End | December |
