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
flydubai to operate some flights from Du...
South Korea Pavilion among top five at E...
Collect souvenirs from the first Emirate...
Featured Sights To See
Forum

Forum

Copenhagen, Denmark

Established in 1926 to exhibit cars, the Forum was renovated to form a platform where various concerts and trade fairs are held today. It can host up to 10,000 people at one time and is facilitated by a restaurant which alone can seat up to 250 guests. Address: Julius Thomsens Plads 1 (at Forum Metrostation) Telephone: +45 32 47 20 00                     {loadposition upload_im...

Lower East Side Tenement Museum

Lower East Side Tenement Museum

New York, United States

Today the Manhattan skyline consists mostly of luxury apartments and condominiums.  It’s nigh impossible to find cheap housing, especially if it is not subsidized by the city; but 150 years ago Manhattan was home to some of the world’s worst slums.  Poor workers and immigrants were packed like sardines into unsanitary mid-rise buildings, which became known as tenements. In 1865, as many as 50...

Ashkan Mountain

Ashkan Mountain

Tehran, Iran

has paintings done on leveled rock of Sassanid kings and Qajar Shahs. ...

Rainbow Street

Rainbow Street

Amman, Jordan

Rainbow Street was transformed in 2007 to make it a heritage attraction point.  It's a great place to get a feel for the culture of modern Amman.  The street is named for the old Rainbow Cinema (which is no longer open).  It was repaved in cobblestone to slow traffic, making it safer for pedestrians and enhancing the atmosphere. Rainbow Street is lined with boutiques, art galle...