Starwood relocates global headquarters to Dubai
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Starwood Hotels & Resorts Worldwide, Inc will soon begin a month-long relocation of its global headquarters from Stamford, CT to Dubai.
From now until 5 April, Starwood president and CEO, Frits van Paasschen and top executives will conduct day-to-day business from Dubai. This follows the company’s relocation to China in June 2011, this second leadership move reflects Starwood’s culture of understanding, appreciating and leveraging different societal perspectives and approaches to business and hospitality.
“Rising wealth and ever greater global connectivity are creating a once-in-a-lifetime growth opportunity for our business – by fuelling new demand, changing travel patterns, and entirely new travel markets. Dubai epitomizes this changing face of travel, and we expect this relocation will strengthen our relationships with partners, associates and customers. This one-month will generate new ideas that will fortify our position,” added van Paasschen.
The team will meet with associates, customers, owners and prospective developers in the UAE and conduct business travel to Mumbai, Addis Ababa, Jeddah, Dushanbe and Kuwait.