• Home
• REQUEST A FREE PRINT SUBSCRIPTION
• TIMESHARE & FRACTIONAL FORUM
• JOB VACANCIES
• INDUSTRY CONVENTIONS
• CONTACT US

Click Here For More Information

---

I Read Perspective Magazine... "To keep up with editorial coverage of my clients and see what competitors are doing, as well as keep up on industry news." Kathy Hernandez, President, Kathy Hernandez & Associates Request A Free Print Subscription Here

---

Starwood Opens Its 150th Hotel In Asia Pacific And Signs 23 New Deals In 2009

Starwood Extends Its Lead as Asia Pacific’s Largest Upper-Upscale and Luxury Hotel Company with the Opening of the ITC Royal Gardenia, a Luxury Collection Hotel, Bengaluru

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) reaches another key milestone with the opening of its 150th hotel in Asia Pacific – the ITC Royal Gardenia, a Luxury Collection Hotel in Bengaluru. The opening of the 292-room hotel in India underscores Starwood’s long-term strategic growth plans in Asia Pacific, where it has executed 23 new deals in 2009. This year, Starwood has also opened seven hotels prior to the opening of ITC Royal Gardenia with another seven slated to open by year end.

“Reaching our 150th hotel in Asia Pacific is an important next step for Starwood as we progress on the journey to open our 1,000th hotel and resort worldwide,” said Frits van Paasschen, President and CEO of Starwood. “The growth opportunities in Asia Pacific are unsurpassed perhaps anywhere in the world. And we are working with our best-in-class partners to further extend our position as the region’s largest upper-upscale and luxury hotel company, while strengthening our place as the industry innovator in the select service segment.”

China and India Fuel Starwood’s Growth in Asia Pacific
Starwood’s 150 high-caliber hotels can be found in 20 countries throughout its Asia Pacific Division, with the most significant growth occurring in China and India.

“Starwood has responded to Asia Pacific’s acute need for lodging by working to open top quality conversion and new-build properties throughout this dynamic market.” said Simon Turner, President of Global Development, Starwood Hotels & Resorts Worldwide, Inc. “In particular, China and India are fertile ground for Starwood as developers look to partner with world class brands that offer compelling guest experiences and are backed by powerful centralized sales and marketing systems.”

Within China, Starwood is set to double its current footprint to 100 hotels by 2012. So far in 2009, the company has signed 18 new deals and opened three hotels. Among the four hotel openings in China for the remainder of the year are Le Meridien hotels in Qingdao and Chongqing, a Westin hotel in Tianjin, and a Four Points by Sheraton hotel in Lianyungang. Next year, W is expected to strengthen its presence with the opening of W Guangzhou, and the Luxury Collection brand will make its Chinese debut.

India is now home to 23 Starwood hotels, with another 15 under development. This year, Starwood made significant gains in the market with the debut of the Four Points by Sheraton brand in Mumbai and Jaipur. Meanwhile, developer and consumer favorite, Westin Hotels & Resorts, is set to welcome guests to and within India with three new hotels coming on board later this year in Mumbai, Hyderabad and Pune. And looking ahead to 2010, Starwood will launch its Aloft brand in India, opening the first three of its five hotels in the pipeline.

Starwood Breaks New Ground Throughout Asia Pacific
Beyond China and India, this year Starwood is opening its second Sheraton in Korea and will soon be opening its first Sheraton resort in Vietnam. Starwood also recently signed new deals for a Sheraton resort and spa in New Caledonia and a Le Meridien in Ho Chi Minh City, Vietnam. In 2010, the St. Regis brand will debut in Tibet, Thailand and Japan, while W makes its mark in Thailand and Indonesia. Starwood’s midscale brand, Four Points by Sheraton, is also meaningfully expanding with its first opening in Malaysia in 2009 and its first in Thailand in 2010.

“Starwood has become the hotel industry’s most global company – a position we assumed by remaining focused on working with the right partners in the right places on the right properties,” said Miguel Ko, Chairman & President of Starwood’s Asia Pacific Division. “Starwood continues to closely track both established and emerging markets throughout Asia Pacific to ensure our distinct and compelling brands are everywhere our guests want to be.”

Starwood Hotels & Resorts Worldwide, Inc.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 966 properties in more than 100 countries and 145,000 employees at its owned and managed properties. Starwood Hotels is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton, and the recently launched Aloft®, and Element SM. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwoodhotels.com.

---

For information on advertising and editorial opportunities with Perspective Magazine & Owners Perspective Magazine; the leading independent B2B & B2C magazines for the timeshare and fractional ownership industries visit www.perspectiverates.com

---

Tagged: Aloft®, Asia Pacific, Bengaluru, China, Element SM, Four Points® by Sheraton, Frits Van Paasschen, India, ITC Royal Gardenia, Korea, Le Méridien®, Sheraton, Sheraton®, Simon Turner, St. Regis®, Starwood Hotels Resorts Worldwide, Starwood Vacation Ownership, The Luxury Collection®, Westin®, W®

---

Click Here For More Information

---

Karma Royal Group Announces Karma Bahamas The Karma Royal Group announced today the development of Karma Bahamas, which will be another upscale Karma Resort and the company’s first resort property in the Caribbean. Karma Royal Group has entered into an agreement with the principles of Mango Bay Bahamas, the owners... [Read More...]

---

Perspective Magazine North America Attracts 11 New Advertisers In One Week Since the announcement that the shared ownership industry’s leading independent trade publication was launching a version dedicated to the North American (http://www.perspectivemagazine.com/na) marketplace, no less than 11 new companies have chosen the publication for anything... [Read More...]

---

Porto Vacation Club With Three Resorts In Egypt Selects Interval International Interval International, a leading global provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq: IILG), is proud to welcome Porto Vacation Club to its exchange network. The vacation club initially will consist of units at Porto Marina, an exclusive,... [Read More...]

---

Industry Experience Wins The Day As IFA Hotels and Resorts Choose Merlin Software To Manage Its Fractional Residence Clubs And Inter-Resort Exchange Facility IFA Hotels and Resorts, an international leader in the development of premier mixed-use hotel and tourism projects, announces the appointment of Merlin as software provider for its fractional residence clubs. IFA Hotels and Resorts, with its main operating office in Dubai, is... [Read More...]

---

Women in the Industry (WIN) Announces New Corporate Sponsor Perspective Magazine Joins Impressive Roster of Supporters Women in the Industry (WIN) is pleased to announce that Perspective Magazine has joined the organization as a corporate sponsor. “I’ve been an individual supporter of Women in the Industry since its inception at ARDA... [Read More...]

---

Click Here For More Information

---

---

---

---

---

---

---

---

---

Copyright © 2008 Perspective Magazine | Timeshare & Fractional Ownership News, Resort Reviews & Guides . · Fractional Ownership Magazine · Timeshare Owners Magazine · Shared Ownership · Timeshare · Timeshare & Fractional Jobs · Fractional Property Guide · Timeshare & Fractional Business Forum · 9 Users Online