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Stock Market & Financial Investment News

News Breaks
January 30, 2013
08:02 EDTHOTStarwood Hotels says Sheraton to open 30 hotels over next 12 months
Half of the new Sheraton hotels will open in China. Sheraton is also picking up momentum in several other emerging markets including Latin America, the Middle East and Turkey.
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September 30, 2014
08:03 EDTHOTStarwood to relocate global HQ to India in March 2015 for month-long immersion
Starwood Hotels & Resorts Worldwide announced that it will relocate its global headquarters from the United States to India in March 2015 for a month-long immersion. Starwood President & CEO Frits van Paasschen and the company’s top executives will split their time between Mumbai and Delhi, conducting day-to-day business from this important global destination with immense potential for outbound travel. Following the company’s successful relocations to China in 2011 and Dubai in 2013, this third leadership move underscores Starwood’s unique approach to cultivating a global culture and fostering relationships in key growth markets.
September 29, 2014
10:40 EDTHOTStarwood to launch W brand in Marrakech in 2017
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09:40 EDTHOTStarwood debuts Luxury Collection Castle Hotel
The Luxury Collection, part of Starwood Hotels & Resorts Worldwide announces the opening of Castle Hotel, a Luxury Collection Hotel, Dalian. Owned by the Dalian Yifang Group and managed by Starwood Hotels & Resorts, Castle Hotel marks Luxury Collection’s first hotel in Liaoning, China.
September 26, 2014
17:22 EDTHOTStarwood Hotels expands presence in Nigeria with the signing of Four Points
Starwood Hotels & Resorts Worldwide announced the signing of Four Points by Sheraton Ikot Ekpene, a new build hotel scheduled to debut in 2015. Owned by the Akwa Ibom State Government, Four Points by Sheraton Ikot Ekpene marks Starwood’s 10th hotel in Nigeria and second hotel in the state of Akwa Ibom, after Le Meridien Ibom Hotel & Golf Resort.
September 16, 2014
16:33 EDTHOTStarwood continues to expand Latin American portfolio
From the South American Hotel Investment Conference in Quito, Starwood Hotels & Resorts Worldwide announced that it is continuing its aggressive growth strategy in Latin America with significant gains across its Specialty Select Brands’, Four Points by Sheraton and Aloft. Currently, Starwood operates 80 hotels in the region, with 17 additional properties under development. The company also announced the appointment of Victor Vazquez to the role of Vice President, Development and Acquisitions for Latin America.
09:17 EDTHOTStarwood says Aloft brand to debut in El Paso, Texas
Starwood Hotels & Resorts Worldwide announced plans for its leading-edge Aloft brand to debut in El Paso, Texas. Owned by Bassett Partners EP and managed by Aimbridge Hospitality, Aloft El Paso Downtown is scheduled to open in July 2016, featuring 100 rooms.

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