Starwood Hotels & Resorts Worldwide, Inc., together with its subsidiaries, operates as a hotel and leisure company worldwide. The company owns, operates, and franchises luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Regis, The Luxury Collection, W, Westin, Le Mridien, Sheraton, Four Points, Aloft, Tribute Portfolio, and Element brand names.
It also develops, owns, and operates vacation ownership resorts; and markets and sells vacation ownership interests in the resorts, as well as provides financing to customers who purchase such interests. In addition, the company develops, markets, and sells residential units at mixed use hotel projects. As of December 31, 2015, the company had
1,282 owned, managed, or franchised
hotels with approximately 362,300 rooms; and approximately 15 stand-alone vacation ownership resorts and residential properties.
- The company was founded in 1969 and is headquartered in Stamford, Connecticut.
- Market cap 13.01B (3/16)
- 3/14/16: China’s Anbang Insurance Group, with a group of investors, is trying to derail the merger of Starwood Hotels & Resorts Worldwide (HOT) and Marriott International (MAR). The Chinese-led group is offering $12.8 billion for HOT, topping the current $12.2 billion offer that’s on the table.
Starwood Hotels & Resorts Worldwide (HOT) - monthly chart
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