 | |
| Company type | Public |
|---|---|
| NYSE: HOT | |
| Industry | Hospitality |
| Founded | 1969 Reorganized in 1995[1] |
| Defunct | September 23, 2016 |
| Fate | Acquired by Marriott International |
| Headquarters | Stamford, Connecticut |
| Products | Hotels, resorts |
| Brands | St. Regis The Luxury Collection W Hotels Sheraton Westin Le Meridien Tribute Portfolio Design Hotels Four Points Aloft Element |
| Revenue |  $5.763 billion (2015) |
| $0.740 billion (2015) | |
| $0.489 billion (2015) | |
| Total assets | $8.266 billion (2015) |
| Total equity | $1.299 billion (2015) |
| Footnotes / references [2] | |
Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. It was acquired by Marriott International in 2016.[3][4][5][6] Starwood was founded in 1969 as a real estate investment trust. In 1995, it was acquired and reorganized by Barry Sternlicht, who was its chairman until 2005 and founder of the Starwood Capital Group.[2][1][7] Starwood had 11 brands and owned, managed, or franchised 1,297 properties comprising 370,000 hotel rooms in approximately 100 countries.[2]
- ^ a b "Barry Sternlicht". CNBC. June 15, 2017.
- ^ a b c "Starwood Hotels and Resorts Worldwide, Inc. 2015 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ Karmin, Craig (September 23, 2016). "Marriott Completes Acquisition of Starwood Hotels & Resorts". The Wall Street Journal.
- ^ Nycz-Conner, Jennifer (November 16, 2015). "Marriott International to acquire Starwood Hotels & Resorts Worldwide in $12.2 billion deal". American City Business Journals.
- ^ Nusca, Andrew (May 26, 2017). "Marriott CEO: Here's Why We Did the $13.6 Billion Starwood Deal". Fortune.
- ^ Cite error: The named reference
USATodaywas invoked but never defined (see the help page). - ^ WARNER, MELANIE (December 8, 1997). "HOW BARRY STERNLICHT BECAME THE KING OF HOTELS". CNN.