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‘Starwood’ Articles

Starwood’s $1 Billion Investment in Hawaii

Starwood’s $1 Billion Investment in Hawaii

Aggressive investment in Hawaii hotels should pay off for Starwood Hotels & Resorts Worldwide Inc. in the coming years as visitors return to the islands in larger numbers, according to Frits Van Paasschen, the company’s president and chief executive officer. “We are beginning to see pent-up demand play out, and while we are seeing [Continue]

Starwood Makes a Buck or Two?

Starwood Makes a Buck or Two?

WHITE PLAINS, NY (HawaiiNewsNow) – Starwood Hotels & Resorts Worldwide Inc., parent of the Sheraton brand, reports a $24 million quarterly profit. Revenues rose less than 3% in North American properties, though international revenue was healthier and rose almost 21% in the Asia-Pacific region. Starwood said luxury brands did best. [Continue]