Starwood Hotels & Resorts Worldwide, Inc · White Plains, NY United States · (NYSE: HOT)
Company Description
Phone: 914-640-8100
Fax: 914-640-8310
Rankings
- #417 in FORTUNE 500
- S&P 500
More Companies in: White Plains, New York
More Companies in These Related Industries: Hotels & Motels
View Starwood Hotels & Resorts Worldwide, Inc Locations On A US Map
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This link will open in a new window Starwood Hotels & Resorts Worldwide knows how to shine a light on hospitality. The company is one of the world's largest hotel and leisure companies, with about 950 properties in some 100 countries. Its hotel empire consists of luxury and upscale brands such as Four Points, Sheraton , and Westin. Starwood operates 70 high-end resorts and hotels through its St. Regis and Luxury Collection, while its chain of about 20 W Hotels offers ultra-modern style for sophisticated business travelers. Other brands include Le Méridien, Aloft, and Element. In addition, the company's Starwood Vacation Ownership subsidiary operates nearly 30 time-share resorts. To read the full description, subscribe now.
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Key Starwood Hotels & Resorts Worldwide, Inc Financials
| Company Type | Public - NYSE: HOT Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $5,907.0 |
| 2008 Employees | 145,000 |
Starwood Hotels & Resorts Worldwide, Inc Executives
41 executives listed for Starwood Hotels & Resorts Worldwide, Inc's White Plains, NY location.
| Title | Name & Bio | Contact |
| Chairman | Bruce Duncan | |
| CEO and Director | Frits van Paasschen | |
| EVP and CFO | Vasant Prabhu |
Competition
Competitive Landscape for Starwood Hotels & Resorts Worldwide, Inc
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Starwood Hotels & Resorts Worldwide, Inc Competitors
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