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- 73. Starwood Continues Expansion in India
Starwood Continues Expansion in India. Starwood has signed a Non-Exclusive Master Agreement with D.I.H (Cyprus) Limited (an affiliate of Duet India Hotels Ltd.) and JHM Interstate Hotels India Pvt. Ltd. The agreement was signed concurrently with the execution of the agreement for the Four Points by Sheraton Pune, Nagar Road. The Non-Exclusive Master Agreement also covers the Four P
- 74. Starwood Relocates Global Headquarters to China
Starwood is moving its Senior Leadership Team to China for one month. From 8 June through 11 July 2011, Starwood President & CEO Frits van Paasschen and the company's top executives will be headquartered in Shanghai, where they will conduct day-to-day business on a 12-hour time difference with their usual operations in White Plains, New York.
- 75. Starwood Appoints Mary Casey as SVP Sales - North America
Starwood has appointed Mary Casey as Senior Vice President of Sales, North America Division. Casey has more than 24 years of experience with Starwood, many of those in a sales leadership capacity in Europe and the United States and leading the Global Corporate team.
- 76. Starwood Files Form 10 in Planned Spin-Off of Vacation Ownership Business
Starwood Hotels & Resorts has reached a key milestone in the move to spin-off of its vacation ownership business into a separate publicly traded company. Starwood Vacation Ownership (SVO), which will be named Vistana Signature Experiences, Inc. upon completion of the spin-off transaction, has filed an initial Form 10 Registration Statement with the U.S. Securities and Exchange Comm
- 77. Starwood Sells Hotel in Mexico; Strengthens Partnership with FibraHotel
Starwood has sold the 229-room Sheraton Ambassador Monterrey hotel to FibraHotel. The transaction will represent a total investment of US$13.5 million by FibraHotel, including a comprehensive property renovation over the next two years. The hotel will be operated by Starwood through a long-term management agreement.
- 78. SPG Launches Chinese Language Android App
Starwood Preferred Guest (SPG) has launched an Android app in Chinese. According to reports, 69% of Chinese mobile phones run on the Android operating systems, giving Starwood significant opportunity to gain greater share of wallet with its new Chinese Android App, which makes it seamless to browse and book any of Starwood’s more than 1100 hotels in more than 100 countries.
- 79. Starwood Signs Two New Hotels in Malaysia
Starwood has signed an agreement with IOI Properties Group to manage two hotels – Four Points by Sheraton Puchong and Le Méridien Putrajaya, slated to open in the fall of 2014 and 2015, respectively. These two new hotels will add 599 rooms to Starwood’s portfolio of hotels in Malaysia. Puchong and Putrajaya are part of the Klang Valley area, which includes Kuala Lumpur and its subu
- 80. Starwood Completes Sale of The Gritti Palace in Venice
Starwood has closed on the sale of The Gritti Palace, Venice to Nozul Hotels & Resorts, the owner of W Doha Hotel, and a wholly owned subsidiary of Jaidah Holdings for €105 million (approximately US$117 million). Starwood will continue to operate the hotel under The Luxury Collection brand flag under a new long-term management agreement.
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