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Stock Market & Financial Investment News

News Breaks
May 6, 2014
08:10 EDTHOTStarwood Hotels aims for 70 hotels, resorts across Canada over 12 months
Starwood Hotels announced that it will expand its Canadian portfolio to 70 hotels within the next 12 months. The Aloft Calgary University, Starwood’s first Aloft hotel in Western Canada, opened last month, following the February opening of Four Points Waterloo-Kitchener Hotel & Suites. The momentum continues with the upcoming openings of Four Points Regina, Four Points Surrey, Four Points Moncton and the Element Vancouver Metrotown. This activity comes after a "strong" FY13, which included the openings of Four Points Edmonton International Airport, Four Points Kelowna Airport, Four Points Edmundston and Element Vaughan Southwest, maintaining Canada’s position as Starwood’s 2nd largest market outside the U.S
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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.
September 11, 2014
08:46 EDTHOTStarwood plans Las Alcobas luxury hotel debut
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September 4, 2014
05:45 EDTHOTStarwood opens tenth hotel in Turkey
Starwood Hotels & Resorts Worldwide announced the official opening of its tenth hotel in Turkey, the Sheraton Adana Hotel, in partnership with SERKA Turizm A.ª., an Adali Holding Company. The new Sheraton Adana Hotel will be ideally located on the bank of the Seyhan River in the center of Adana, Turkey’s fifth largest city located in the southern region of the country.

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