Last $71.97 USD
Change Today -1.61 / -2.19%
Volume 2.4M
As of 8:04 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

starwood hotels & resorts (HOT) Snapshot

Open
$72.48
Previous Close
$73.58
Day High
$73.13
Day Low
$71.89
52 Week High
09/8/14 - $85.40
52 Week Low
10/16/14 - $67.97
Market Cap
12.9B
Average Volume 10 Days
2.1M
EPS TTM
$3.04
Shares Outstanding
178.6M
EX-Date
12/4/14
P/E TM
23.7x
Dividend
$1.40
Dividend Yield
5.56%
Current Stock Chart for STARWOOD HOTELS & RESORTS (HOT)

starwood hotels & resorts (HOT) Details

Starwood Hotels & Resorts Worldwide, Inc. 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 Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, by Sheraton, Aloft, and Element brands. It also develops, owns, and operates vacation ownership resorts; markets and sells vacation ownership interests in the resorts; and 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 January 13, 2015, it owned and managed approximately 1,200 properties in 100 countries. The company was founded in 1969 and is headquartered in Stamford, Connecticut.

181,400 Employees
Last Reported Date: 02/24/14
Founded in 1969

starwood hotels & resorts (HOT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.3M
President of Americas
Total Annual Compensation: $732.8K
Chief Administrative Officer, General Counsel...
Total Annual Compensation: $638.5K
President of Global Development
Total Annual Compensation: $766.8K
Compensation as of Fiscal Year 2013.

starwood hotels & resorts (HOT) Key Developments

Starwood Hotels & Resorts Worldwide, Inc. Announces Opening of Le Méridien Columbus, The Joseph

Starwood Hotels & Resorts Worldwide Inc. announced the opening of Le Méridien Columbus, The Joseph. The highly anticipated new hotel opens in Downtown Columbus at 620 North High Street, in the vibrant Short North Arts District. Owned and developed by The Pizzuti Companies and managed by Wischermann Partners, the new 10 story hotel has been designed by renowned Miami-based firm Arquitectonica to complement the unique historical aesthetic of Columbus’ Short North neighborhood. Le Méridien Columbus, The Joseph features 135 modern guestrooms – including 10 Executive Suites, two contemporary Spa Suites, and a modern Presidential Suite. The hotel also offers nearly 7,000 square feet of meeting and event space (including the Michael B. Coleman Grand Ballroom, hosting up to 250 guests), Columbus’ chic new lounge, Soul and a 24-hour fully equipped fitness center with floor to ceiling windows and stunning views of the Short North and Downtown Columbus. Guests will be provided with all of the signature amenities, well known to the Paris-born Le Méridien brand, including a 24-hour curated soundtrack by French Bossa Nova band Nouvelle Vague, exclusive illy coffee prepared by master baristas, and Sparkling cocktails, inspired by Europe’s aperitif hour. The hotel’s dramatic two-story lobby follows the design principles of the brand’s signature Le Méridien Hub, a place to socialise, share ideas and be inspired – harmoniously blending art, design and architecture while featuring dramatic pieces by international artists KAWS, Rob Wynne, Nari Ward and Fred Wilson throughout the bar and reception areas. Towering columns reach from the ground floor lobby to the second floor gallery and event reception space, offering a revolving selection of artwork curated especially for the hotel and on loan from the private art collection of Ron and Ann Pizzuti. Hallways come alive with vibrant wallpaper designed exclusively by Brooklyn artist Almond Zigmund, while the three event spaces feature the art of their namesakes, internationally recognized Ohio artists – Aminah Robinson, Denny Griffith and Ann Hamilton. Le Méridien Columbus, The Joseph is also home to restaurateur Cameron Mitchell’s The Guild House, allowing guests the opportunity to discover the sustainable flavors of the Midwest during breakfast, lunch and dinner. The menu features locally-sourced, artisan cuisine combined with wines from around the world. The restaurant seats more than 140 guests, including unique dining spaces, a full-service bar and private dining room. Cameron Mitchell Restaurants has also developed a signature catering menu for Le Méridien Columbus, The Joseph’s catering events and in-room dining. Le Méridien Columbus, The Joseph offers Starwood’s loyal SPG travelers a new, contemporary destination when visiting the Columbus area. The hotel anchors a highly anticipated mixed-use development complex that includes The Offices at The Joseph, a six-story cubist-inspired building with 60,000 square feet of premium office and retail space, a 318-space parking garage adjacent to the office building and the Pizzuti Collection, a 501(c)(3) nonprofit exhibition space dedicated to the public presentation of contemporary art from the world-recognized collection of Ron and Ann Pizzuti.

Starwood Hotels & Resorts Worldwide, Inc. Opens Le Meridien New Orleans in Louisiana

Starwood Hotels & Resorts Worldwide Inc. has opened Le Meridien New Orleans in Louisiana, following a comprehensive $29 million transformation. The newly renovated hotel features 410 fully redesigned guestrooms, including 22 suites, three new food and beverage outlets, including a new destination restaurant, and the addition of 1,600 square feet of flexible meeting and event space. The renovation of Le Meridien New Orleans is taking place in two phases, with the first round completion including the full-scale renovation of all 410 guestrooms and respective corridors.

Starwood Hotels & Resorts and KFK Group Sign Deal to Open New Westin Hotel in Downtown Dallas

Starwood Hotels & Resorts Worldwide Inc. and KFK Group announced an agreement to open a new Starwood managed Westin hotel in the heart of downtown Dallas, Texas. The Westin Dallas Downtown will open by December 2015 as part of an adaptive re-use project that will transform the landmark “One Main Place” complex into the city’s newest lifestyle development. Construction has already begun, following KFK’s acquisition of the one million square foot building in March of last year. The Westin Dallas Downtown will feature 323 luxurious guest rooms and extensive meeting facilities in a prime location.

 

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HOT:US $71.97 USD -1.61

HOT Competitors

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Company Last Change
Hyatt Hotels Corp $56.26 USD -0.84
InterContinental Hotels Group PLC 2,662 GBp +4.00
Whitbread PLC 5,005 GBp +5.00
Wyndham Worldwide Corp $83.79 USD -1.77
Wynn Resorts Ltd $147.95 USD -5.02
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Industry Analysis

HOT

Industry Average

Valuation HOT Industry Range
Price/Earnings 26.0x
Price/Sales 4.0x
Price/Book 6.0x
Price/Cash Flow 15.9x
TEV/Sales 3.0x
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