Announcement follows the promotion of former SVO Chief Operating Officer Serge Rivera to Co-President of Starwood Hotels & Resorts America's Region.
Starwood Hotels & Resorts Worldwide, Inc. reported first quarter 2012 financial results.
Matt Avril, Miguel Ko and Denise Coll to Retire.
Excluding special items, income from continuing operations was $97 million. Including special items, income from continuing operations was $150 million.
The settlement requires Hilton to be subject to an injunction to be supervised by monitors appointed by the federal district court.
The company, which also owns Starwood Vacation Ownership, stated that the ruling relates to the 1998 disposition of World Directories, Inc.
Omaha's dynamic Midtown Crossing district is now the site of a new Element hotel, the much-talked-about "green trailblazer" from Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT). Element Omaha Midtown Crossing, which opened today, is the first hotel in Midtown, and marks Element Hotels' debut in the U.S. Midwest. The hotel is owned by East Campus Realty and managed by Aimbridge Hospitality.
Today, Starwood Hotels & Resorts Worldwide, Inc., (NYSE:HOT) announced that it is applying its industry leading, design-driven approach to its two largest brands with the debut of new guestroom designs for Westin and Sheraton hotels.
The sizzling brand from Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) will open ten new hotels across the globe before the end of the year, with new properties slated for cities in six countries on three continents. With the openings, Four Points will command a presence in 28 countries, up from 24 just this year.
Fans Will Now Choose One Winner To Share Stage With Music Stars at November Fest.
With a Silver LEED certification announced today, Element Denver Park Meadows will become just the second LEED-certified hotel in Colorado.
Houston is the proud home of Texas' first LEED-certified hotel. Element Houston Vintage Park has earned a coveted Leadership in Energy and Environmental Design (LEED) Silver certification from the U.S. Green Building Council (USGBC), it was announced today. Element is the eco-chic boutique brand from Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) that made history by becoming the first major hotel brand to mandate that all its properties pursue LEED certification for high-performance buildings.
Eco-chic boutique Element Hotels, which is the first major hotel brand to mandate that all its properties pursue USGBC's Leadership in Energy and Environmental Design (LEED) certification, has achieved LEED Volume Pre-certification from USGBC for its prototype design which will automatically qualify new build hotels to pursue LEED designation.
Starwood Hotels and Resorts, Inc. (NYSE: HOT) announced that it will grow its New York City portfolio by 50% this year and open more hotels in New York in 2010 than any other city in the world. Today, Starwood operates 12 hotels in the Big Apple across six of its nine distinct and compelling brands. The company's NYC boom will result in 18 high-caliber Starwood hotels including the debut of Starwood's two newest brands in Manhattan – Aloft and Element. The company's bullish focus on NYC is illustrative of its meaningful global growth strategy – Starwood is on track to open more than 80 hotels in key markets around the world this year.
Le Méridien today announced Chinese artists Yan Lei and Chen Wenbo as the latest LM100(TM) members, selected by Jérôme Sans, Le Méridien's Global Cultural Curator. As part of LM100, Yan Lei will provide artwork for a new key card series for Le Méridien's UNLOCK ART programme, which will become part of a limited edition artwork collection. Chen Wenbo in his role on the LM100 will create a series of artworks for high impact areas, such as hotel entrances, worldwide as part of Le Méridien's award-winning Arrival experience.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) in a franchise agreement with Libertador Hotels, Resorts & Spas, announced the opening of Tambo del Inka, a Luxury Collection resort in the sacred valley of Urubamba as part of its long term growth strategy in South America. With rising hotel demand and secular trends driving hotel development, The Luxury Collection will also open its third hotel in Peru in 2011 with the debut of Palacio del Inka, a Luxury Collection Hotel in Cusco, the capital of the ancient Incan Empire.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announces that it will introduce its wellness brand, Westin Hotels & Resorts, to Hamburg. The new Westin Hamburg Hotel will open in 2012 under an agreement between Starwood and its joint venture partner, Arabella Hospitality Group. The hotel is designed by world-renowned Swiss architects Herzog & de Meuron as part of the highly anticipated Elbe Philharmonic complex, Europe's most ambitious development projects. Expected to become a cultural and architectural landmark, this urban development will also include luxury residences and a multitude of culinary, cultural and nightlife options all set in the heart of upscale HafenCity.
Building on a commitment to sustainability and conservation initiatives, Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced it has introduced sustainable-meeting guidelines at every North American property.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) and Nurol Insaat ve Ticaret A.S. today announce the official opening of the Sheraton Batumi Hotel, Georgia. The 203-room Sheraton Hotel is the first internationally branded hotel in the emerging Black Sea destination of Batumi and is part of the brand's strategic expansion that will add approximately 50 new hotels and over 20,000 rooms to the Sheraton portfolio over the next three years.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), Inland American Lodging Corporation and Alliance Hospitality Management LLC today announce the opening of Aloft Chapel Hill. The 40th Aloft hotel worldwide, this brand new destination sensation introduces style at a steal to Chapel Hill and the Research Triangle Park with 130 spacious, loft-like rooms, 1,600 square feet of meeting space, intuitive and accessible technology and a hip, social atmosphere.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that its global powerhouse, Sheraton Hotels & Resorts, will continue to enhance its portfolio by removing eight additional hotels later this year that do not meet the brand's new upgraded standards. This will be the final group of "brand detractors" Sheraton will remove as it completes its $6 billion revitalization effort. These hotels are in addition to the 36 "off brand" properties Sheraton has already removed to improve its quality and consistency of the brand, and reflect a significantly enhanced guest experience. As Sheraton removes "off brand" hotels it is increasing its worldwide footprint through a strategic, $5 billion expansion that will add approximately 50 new hotels and more than 20,000 rooms to its global portfolio over the next three years.
Starwood Hotels & Resorts (NYSE: HOT) have officially opened the doors of their newest hotel, Le Méridien Philadelphia. A ribbon cutting and grand opening ceremony included special guest speakers such as Philadelphia Mayor Michael Nutter, Pennsylvania Senator Larry Farnese, HEI Hotels & Resorts Chairman and CEO, Gary Mendell, Starwood Group SVP of North American Development, Paul Sacco.
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Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that it will release the Company's first quarter financial results prior to market open on Thursday, April 29, 2010, followed by a conference call at 10:30am EDT. The conference call will include a brief discussion of the quarter followed by questions and answers. The call will be moderated by Jason Koval, Vice President, Investor Relations.