Topic - Starwood Development Update

Dubai is Starwood’s second biggest market after New York, though it’s losing four hotels over the course of just a few weeks. Dubai will be going from having two St. Regis properties to having zero St. Regis properties. That’s rough. continue reading →

Aloft, Element and Four Points by Sheraton on Track to Sign all-time High Record Number of New Deals in 2016 continue reading →

From the 38th Annual NYU International Hospitality Industry Investment Conference, Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced a more than 50 percent increase in North America signings year to date over the same period in 2015. North America remains the company’s largest market, accounting for nearly half of its operating portfolio and a third of Starwood’s pipeline of new hotels. continue reading →

Starwood Hotels & Resorts (NYSE:HOT) today announced it closed 2015 with 220 new signed hotel management and franchise agreements, a 26% increase over the prior year, marking the sixth consecutive year of increased signings and the most incremental signings in its history. continue reading →

Starwood continues to see balanced growth across its brands and around the world, with North America leading the charge, accounting for nearly 40% of new signings so far in 2015. continue reading →

Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced it anticipates another strong year of growth in Latin America and the Caribbean in 2015, fueled by hotel openings and high-quality deal signings. continue reading →

From the International Hotel Investment Forum (IHIF) in Berlin, Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced it is on track to open more than 40 new hotels and resorts across Europe in the next five years, expanding its portfolio by almost 30% with openings in both fast-growing and established markets. continue reading →

In 2014, Starwood opened 23 new hotels and signed 64 new hotel deals in North America, a 23% signings increase over the previous year and the most deals signed in one year since before the global economic crisis. continue reading →

The company also signed 175 new hotel management and franchise agreements in 2014, a 15% increase over the prior year, marking the fifth consecutive year of increased signings and the most new deals in one year since 2007. continue reading →

From the 2014 American Lodging Investment Summit in Los Angeles, Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it expects another year of robust growth in North America. continue reading →