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Last $69.68 USD
Change Today +1.64 / 2.41%
Volume 1.3M
HOT On Other Exchanges
New York
As of 8:04 PM 10/5/15 All times are local (Market data is delayed by at least 15 minutes).

starwood hotels & resorts (HOT) Snapshot

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52 Week High
04/29/15 - $87.99
52 Week Low
09/29/15 - $63.99
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Current Stock Chart for STARWOOD HOTELS & RESORTS (HOT)

starwood hotels & resorts (HOT) Details

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 Méridien, Sheraton, Four Points, Aloft, 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 October 1, 2015, the company developed, owned, and managed retail, office, and industrial properties that included approximately 9 million square feet of commercial space; had a portfolio of 39 hotels totaling approximately 5,400 rooms; and offered property management services to 17 apartment communities. The company was founded in 1969 and is headquartered in Stamford, Connecticut.

180,400 Employees
Last Reported Date: 02/25/15
Founded in 1969

starwood hotels & resorts (HOT) Top Compensated Officers

Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $855.3K
President of Americas
Total Annual Compensation: $747.2K
Chief Information Officer and Executive Vice ...
Total Annual Compensation: $865.9K
Chief Accounting Officer and Senior Vice Pres...
Total Annual Compensation: $519.5K
Chief Administrative Officer, General Counsel...
Total Annual Compensation: $638.5K
Compensation as of Fiscal Year 2014.

starwood hotels & resorts (HOT) Key Developments

Starwood Hotels & Resorts to Launch Dual-Branded Aloft and Element Hotel Development in Redmond, Washington

Starwood Hotels & Resorts Worldwide Inc. announced plans to break ground on a dual-branded Aloft and Element hotel development in Redmond, Washington, set to open in July 2017. Owned and managed by CSM Corporation, the 150-room Aloft Redmond and 131 -room Element Redmond will be located just outside the campus for Microsoft Corporation's world headquarters. The Aloft and Element hotel development will boast a prime location within Esterra Park, a campus-style, master-planned development with 1.2 million square feet of commercial office space, 1,400 residential units and a Link light-rail station slated to open in 2023. Easily accessible from the I-5 Freeway, the hotels are close to both Redmond’s shopping district and downtown Bellevue. Aloft Redmond and Element Redmond will face a common courtyard and will each feature separate branded lobbies. Shared facilities will include 6,500 square feet of meeting space, an outdoor pool, a fitness facility and parking. Aloft Redmond will offer design, loft-like rooms, accessible technologies and amenities including Re:fuel by Aloft®– a one-stop grab & go food and beverage area, and W XYZ® bar, which will feature local emerging artists as well as some of the hottest bands with Live at Aloft Hotels programming. Aloft remains one of the fast growing hotel brands, with the company’s second large pipeline. Element Redmond will offer a fresh perspective on extended stay lodging, with light-filled studios featuring a fluid design, fully equipped kitchens and spa-inspired bathrooms. Guests can stay on the move with the Element brand’s complimentary bikes to borrow and enjoy the brand’s signature Rise breakfast and Relax evening reception. Aloft and Element Redmond will join several other similar developments worldwide, including Aloft and Element Lexington, Aloft and Element Boston Seaport (2016), Aloft and Element Dallas Love Field (2016), Aloft and Element Columbus (2017) and Aloft and Element London Tobacco Dock (2017).

Starwood Hotels & Resorts Worldwide Reaffirms Expansion Plans in Egypt

Starwood Hotels & Resorts Worldwide reaffirmed its commitment to growth in the Middle East with new hotel deals signed in Egypt. Starwood will see the opening of a new Westin in Cairo with the launch of The Westin Katameya Dunes in early 2016. Owned by New Cairo for Real Estate Investment Company SAE, the 128- room resort will be ideally located within the Katameya Dunes development, a 1.8 million-sq-m luxury residential compound in the New Cairo City District. The group will also debut its first St. Regis in Egypt with opening of The St. Regis Cairo in October 2016, featuring 292 lavishly furnished rooms, including 63 suites, as well as 99 impeccably serviced guest apartments and 117 St. Regis Tower residences. 2016 will also see the re-opening of the iconic Sheraton Cairo after extensive renovation. Further expanding its presence in the region, the group will introduce W Hotels Worldwide in Egypt with the W Sharm El Sheikh and The Residences at W Sharm El Sheikh scheduled to open in 2020. Owned by Tower Prestige for Hotels SAE, the hotel with 350 stylish guest rooms and suites will be located at Nabq Bay in the Red Sea resort town of Sharm El Sheikh. It will also feature 50 branded residences with a dedicated Resident's Lounge and access to the signature W offerings and services available at the hotel.

W Hotels Worldwide to Debut in Serbia with W Belgrade and the Residences at W Belgrade in 2019

Starwood Hotels & Resorts Worldwide Inc. announced an agreement with Belgrade Waterfront LLC to debut the iconic W brand in Serbia with the opening of W Belgrade and TheResidences at W Belgrade. Scheduled to open in 2019, W Belgrade will set the pace in Serbia's thriving hospitality scene, bringing the ultimate in insider access to its cosmopolitan capital and its dynamic river front. The W project will be located in the heart of Belgrade Waterfront, a new one million square meter community including retail outlets, restaurant and bars, offices, public parks and leisure attractions. Centrally located on the two kilometer long public waterfront edge overlooking the Sava River, W Belgrade will feature 120 stylish guest rooms and suites. The hotel will ignite the city with its electrifying style and a full calendar of exclusive W Happenings, showcasing the latest in design, fashion and music. The hotel will also offer an all-day dining venue, a destination bar and W Living Room (the W brand’s take on the staid hotel lobby where guests can mix and mingle). Other facilities will include an Away® Spa, FIT® fitness facility and a glamorous WET® pool deck and bar. Guests can also expect the W brand’s signature Whatever/Whenever® service philosophy, providing guests whatever they want, whenever they want it. W Belgrade will feature more than 450 square meters of ultra-modern meeting and event space. The Residences at W Belgrade will offer 165 luxurious branded residential apartments ranging from 55 to 100 square meters, spanning across two towers. Residents will enjoy access to the facilities and services at W Belgrade. Belgrade Waterfront will also feature world-class residences and offices, Belgrade Mall, educational institutions and modern healthcare amenities. BW Residences, which is adjacent to W Belgrade Hotel & Residences, is scheduled for groundbreaking on September 27, 2015, kicking off the construction of the first building at Belgrade Waterfront.


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