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Hotel Industry News |
Friday December 5th, 2008 |
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Starwood Hotels & Resorts Worldwide Added To S&P 500 |
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WHITE PLAINS, NY, Nov. 16 /PRNewswire/ -- Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) is pleased to have been added to the S&P 500 Index.
In response to numerous inquiries, the Company is not considering an equity issuance or convertible debt offering at this time.
Starwood is one of the leading hotel and leisure companies in the world with more than 725 properties in 80 countries and 120,000 employees at its owned and managed properties. With internationally renowned brands, Starwood is a fully integrated owner, operator and franchiser of hotels and resorts including: St. Regis, The Luxury Collection, Sheraton, Westin, Four Points by Sheraton, W brands, as well as Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit the Company at http://www.starwoodhotels.com.
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