Owns and operates hotels & resorts
Starwood Hotels & Resorts Worldwide, Inc. owns and operates hotels and resorts.
It provides services to the business and leisure travelers worldwide.
Starwood Hotels conducts hotel and leisure business both directly and through its subsidiaries.
The company operates through following segments: Hotels and Vacation Ownership and Residential.
The Hotel segment generally represents a worldwide network of owned, leased and consolidated joint venture hotels and resorts operated primarily under the company's proprietary brand names including St.
Regis, The Luxury Collection, Sheraton, Westin, W, Le Meridien, Four Points by Sheraton, Aloft and Element as well as hotels and resorts which are managed or franchised under these brand names in exchange for fees.
The Vacation Ownership and Residential segment includes the development, ownership and operation of vacation ownership resorts, marketing and selling VOIs, providing financing to customers who purchase such interests, licensing fees from branded condominiums and residences and the sale of residential units.
The company was founded in 1969 and is headquartered in Stamford, CT.