Starwood Hotels & Resorts Worldwide, Inc. owns and operates hotels and resorts.
The company through its subsidiaries, owns, operates and franchises hotels, resorts and residences with brands.
It also owns Starwood Vacation Ownership, Inc., which provides vacation experiences through villa-style resorts.
The company operates its business under two segments: hotel business and The vacation ownership and residential business.
The hotel business segment is divided into three hotel segments: the Americas, EAME and Asia Pacific.
Each hotel segment owns and leases hotels and resorts operated primarily under their proprietary brand names including St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points by Sheraton, Aloft and Element.
The vacation ownership and residential business segment engages in acquisition, development and operation of vacation ownership resorts, marketing and selling of VOIs, and providing financing to customers who purchase such interests.
Starwood Hotels & Resorts Worldwide was founded by Barry Stuart Sternlicht in 1980 and is headquartered in Stamford, CT.