Starwood to open 1000th hotel
Starwood Hotels & Resorts has announced that it will open its 1000th hotel in 2009. The milestone comes as part of the company’s plan to open 100 hotels this year in markets throughout the world, as part of its broader aim to expand its portfolio by more than 40% in the next five years. Starwood’s pipeline consists of more than 400 hotels.
“Starwood is building, opening, converting, renovating and innovating for the recovery and beyond, and these new hotels will further position Starwood and its development partners for long term growth and success,” said Simon Turner, Starwood’s President of Global Development.
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