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Starwood's Affiliated Hotel Group Takes On Sector Competitors
Thursday, April 16, 2015 - 3:53pm | 631On Thursday, Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) introduced Tribute Portfolio, a new brand for high-end hotel owners to remain independent while taking advantage of the Starwood's marketing network and Starwood Preferred Guest (SPG) loyalty points program. Starwood stands to...
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Starwood Hotels Is Surging Almost 9% Because Of This Spin-Off
Tuesday, February 10, 2015 - 12:15pm | 370Shares of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) spiked upwards over 8 percent Tuesday following an announcement that it would spin-off its vacation ownership business. The company’s press release indicated that the move to make Starwood Vacation Ownership (SVO) a...
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Starwood Hotels (HOT) To Perform Better in 2010: CEO Tells CNBC
Thursday, February 4, 2010 - 12:42pm | 104Starwood Hotels (NYSE: HOT) posted a fourth-quarter loss. The company’s fortunes have been hit hard by time-share related charges. Talking with CNBC, Frits van Paasschen, CEO of Starwood Hotels, expressed his confidence that the hotel chain will see a rebound in 2010. According to him, the hotel’s...