Mr. van Paasschen, added: “Our owners are uniquely positioned to benefit from Starwood’s global presence, scale, powerful systems and strong, growing base of loyal customers around the world. As part of our balanced approach to development, we are also seeing significant opportunities in established markets where conversion momentum continues, and record low supply and growing demand are driving growth.”Starwood continues to build on its established presence in mature markets and to see strong interest in conversions for growth in developed markets such as North America. The company expects to see increased conversion momentum in 2013 in Asia Pacific, Latin America and Europe.
Starwood Growth Momentum Continues
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