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Starwood Expands In Latin America

[ 0 ] Mar. 15, 2013 | SBO Editor

Starwood Hotels & Resorts Worldwide is continuing to move on the international front, announcing plans to have 100 hotels under operation and development in Latin America by the end of the year.

The Stamford-based hotel and leisure company already has a strong footprint in 13 Latin American countries, with 71 hotels and 15,300 rooms and a development pipeline of 20 hotels, with a total 3,300 new rooms under way.

The announcement follows recent company comments that it expects to open 50 new hotels in Europe over the next five years.

Starwood has had an aggressive growth strategy in Latin America in the last two years, opening 12 hotels, representing a 33 percent growth since 2007.

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Category: Features