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.”
Former imperial hunting grounds for the royal family. Contains a large amusement park, known as the Volksprater ("People's Prater"), believed to be the oldest "modern" amusement park in the world, which has the much famed giant Ferris wheel ('Riesenrad'). Public entry into the Prater is free of cost while the costs of individual attractions vary from 1 euro to 10 euro. Lar...
This synagogue is the largest outside of New York City and can seat 3000 worshippers in its Romantic and Moorish style prayer area. Built in 1859, it has been renovated over the years; in an annexe you’ll find the Jewish Museum (342 8949, VII Dohany utca 2) which has objects related to Jewish religious and general culture. Amongst the items is a handwritten book of the local Burial Society, circa ...
Get a taste of all the 13 Malaysian states in Kuala Lumpur during the Malaysian festival. This two-week celebration hosts several shows and demonstrations that exhibit Malaysian culture ranging from performaning arts to handicrafts to food. Also, several shopping complexes and hotels enter a bright-lights competition where the best lit locale wins. ...
The most extensive collection of Punic and Roman artifacts in housed in the Carthage Museum. From everyday items to kitchen utensils to antique jewelry and the clay masks that the Punic designed, everything that remained after the city was in flames for 17 days has been preserved here at the museum. Tourists are awed by the collection and one can’t help picture the fall of Carthage in 146 BC. ...