Hotels

Starwood relocates headquarters to Dubai

DUBAI – May 10, 2012 – Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today welcomes its top 100 global executives to Dubai, United Arab Emirates for the company’s annual leadership conference.  This marks the first time the leadership conference is held in the Middle East, underscoring the importance of the region as one of Starwood’s fastest-growing hotel and travel markets. In another bold move to emphasize Starwood’s approach to cultivating a more global culture, the company announced today that it will relocate its U.S.-based headquarters to the Middle East in 2013 for a month-long managerial endeavor.

Starwood is the leading luxury hotel operator in the Middle East with an existing portfolio of nearly 50 hotels in 11 countries under eight of Starwood’s nine brands. The company is increasing its long-established lead here with another 30 hotels in the pipeline. This growth, primarily in the luxury and upper-upscale segments, represents an increase of more than 50% over the next five years. In the emirate of Dubai, Starwood currently operates 15 hotels, which is the largest concentration of Starwood hotels in any single city outside New York. The company has announced plans to unveil another five new hotels in Dubai by 2017, including the debuts of the W and St. Regis brands in the emirate.

“With hotels in 100 countries and 80% of our future pipeline outside of North America, Starwood is the world’s most global high-end hotel company, perfectly positioned to capitalize on an ever growing global marketplace,” said Starwood President and CEO, Frits van Paasschen. “Dubai is emblematic of how globalization is creating new travel patterns and travel hubs, and serves as a crossroad between the emerging and developed worlds.”
 

More Hotels
Emirates Palace Abu Dhabi to celebrate Mexican National Day with Mexican food fiesta
Looking for an adventure - go to Iraq for Eid
* Hotel Metropole Geneva
Latest Travel News
Kazakhstan's new tourist attraction - fa...
Summer in Turkey...
Taif Season attracts more than 750,000 v...
Featured Sights To See
Cao Dai Great Temple

Cao Dai Great Temple

Ho Chi Minh City, Vietnam

60 km northwest of Ho Chi Minh City is the Great Temple or Holy See of the Cao Dai religious sect, a uniquely Vietnamese religion that combines aspects of Buddihism, Taois, Confucianism and Catholicism and regards Buddha, Confucius, Jesus, Muhammad, Julius Caesar, Victor Hugo, Joan of Arc and Sun Yat-Sen as some of its saints. The temple was built between 1933 and 1955 and is colorfully and extrav...

Everard Read Gallery

Everard Read Gallery

Johannesburg, South Africa

The Everard Read Gallery established almost 100 years ago is among the largest private art galleries in the world and is home to contemporary art works from several South African and international artists and specializes in wildlife paintings and sculpture.   Address: 6 Jellicoe Avenue, Rosebank Telephone: +27 (0)11 788 4805 Website: http://www.everardread.co.za/ Opening hours: Mo...

MuseuMAfrica

MuseuMAfrica

Johannesburg, South Africa

The MuseuMAfrica is one of the largest history museums of the city and is housed in a building that was constructed as the city's first fresh produce market in 1913. It highlights the transformation of Johannesburg over time and how it came to be what it is today.   MuseuMAfrica Address: 121 Bree Street Telephone: +27 (0)11 833 5624 Opening hours: Tues-Sun 0900-1700 Admission ...

National Archeological Museum

National Archeological Museum

Athens, Greece

This is a world famous museum and a storehouse of significant archeological finds from different locations within Greece. A number of collections are worth seeing and give a deep understanding of Greek history. The Mycenaean Antiquities collection is stunning and the most famous piece within it is the supposed mask of Agamemnon and excavated royal tombs along with intricately carved miniatures. Th...