Starwood Hotels & Resorts Board of Directors Determines Revised Proposal from Consortium Consisting of Anbang Insurance Group, J.C. Flowers and Primavera Capital is Reasonably Likely to Lead to a “Superior Proposal”

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) (“Starwood”) today announced that its Board of Directors, in consultation with its legal and financial advisors, determined that a revised, non-binding proposal from a consortium consisting of Anbang Insurance Group Co., Ltd., J.C. Flowers & Co. and Primavera Capital Limited (the “Consortium”) is reasonably likely to lead to a “Superior Proposal” as defined…

Starwood Hotels and Resorts Announces Groundbreaking Expansion to Cuba

Becomes First Hospitality Company to Obtain U.S. Treasury Department Authorization to Operate In Cuba Signs Two Agreements and Letter of Intent to Open Hotels in Havana in 2016 Starwood Hotels & Resorts Worldwide, Inc. (“Starwood”) (NYSE:HOT) today signed three new hotel deals in Cuba, marking the first U.S. based hospitality company to enter the market in nearly 60 years. This announcement follows receipt…

The Gap Year Grows Up: Aloft Hotels Joins the Rising ‘Time Out’ Travel Movement That’s Spanning Generations

With 100+ Hotels around the World, Aloft to Help Hyper-Connected Global Travelers Get the Most Out of Their Gap Year Travels, Whenever and Wherever the Journey Occurs. Starwood’s Leading-Edge Brand Embarks upon Cross-Country Tour with Gap Year Author Andrea Wien; Launches Exclusive Gap Year Rates for Explorers of All Ages. Taking a cross-country or cross-continent…

Four Points Grows Canadian Portfolio with Regina Debut

POINT 1: Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that its fast-growing Four Points brand has expanded its Canadian footprint with the opening of Four Points Regina, the brand’s second location in Saskatchewan. Owned and managed by VJ Management, the newly constructed Four Points caters to the modern traveler with an emphasis on approachable design and…

Starwood Preferred Guest Becomes Ultimate Foodie Destination With Once-In-A-Lifetime Dining Experiences

Stars of the Global Culinary Stage Offer Food Trends for 2016 in Anticipation of Intimate Supper Club-Style Dinners Though SPG Moments Satisfying members’ passion for world-class cuisine and luxury travel, SPG Moments today unveiled an enhanced schedule of Culinary events that offers even more access to legendary culinary experiences. Members will have the opportunity to…

Starwood Hotels & Resorts And TripAdvisor Announce New Instant Booking Partnership

Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) and TripAdvisor (NASDAQ:TRIP) announced today they have partnered to make Starwood’s global hotel portfolio accessible on the TripAdvisor instant booking platform. From a last-minute business trip to a special luxury getaway, customers can seamlessly book a room at participating Starwood properties through TripAdvisor’s booking platform. The unique partnership…

Starwood’s 10th Brand Kicks Off Global Expansion With First Independent Hotel In London

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced the debut of Tribute Portfolio in Europe with the addition of the Great Northern Hotel , a Tribute Portfolio Hotel . Launched this past April as Starwood’s 10 th brand, Tribute Portfolio is a collection of outstanding independent hotels and resorts, promising owners, Starwood Preferred…