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Tag Archives: Starwood Hotels & Resorts Worldwide

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Big Hotel Companies Recap 2014 Performance

Big Hotel Companies Recap 2014 Performance

This was a big week for the brands with Marriott International, Hyatt Hotels, Hilton Worldwide, Starwood Hotels & Resorts Worldwide, and InterContinental Hotels Group reporting 2014 earnings and Starwood’s Frits van Paasschen stepping down from his position as president and ...

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Starwood President and CEO Frits van Paasschen Resigns

Starwood President and CEO Frits van Paasschen Resigns

Starwood Hotels & Resorts Worldwide today announced that Frits van Paasschen has resigned as president, chief executive officer, and a director. Adam Aron, a Starwood director since 2006, has been named CEO on an interim basis while the board conducts ...

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Starwood to Spin Off Vacation Ownership Business

Starwood to Spin Off Vacation Ownership Business

Starwood Hotels & Resorts Worldwide today announced plans to spin off its vacation ownership business, Starwood Vacation Ownership (SVO), into a separate publicly traded company, according to a news release. In addition to accelerating Starwood’s ongoing asset light transformation, the ...

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Starwood Hotels Finishes 2014 With 74 Openings

Starwood Hotels Finishes 2014 With 74 Openings

STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide opened 74 new hotels in 2014, representing approximately 15,000 rooms in 26 countries. The company also signed 175 new hotel management and franchise agreements in 2014, a 15 percent increase over the prior year, ...

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