This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

W Guangzhou, Set To Open This Month, Will Mark The W Brand's Debut In Mainland China. (Photo: Business Wire)

Stocks in this article: HOT

“Modern luxury has not replaced tradition; they sit at the same table, but in slightly different clothes,” said Paul James, Global Brand Leader, St. Regis, The Luxury Collection and W Hotels Worldwide. “Today’s luxury consumer is multi-national and cross-generational, defined more by their interests and mindset than their geography and demographic. This growing cadre, which we call Generation LuXurY, moves across our portfolio of luxury hotels for business and leisure, and demands personalized service at every turn.”

W Hotels Doubles Global Footprint in Five Years

Securing itself as the fastest growing luxury brand in the history of lodging, W Hotels has more than doubled its portfolio in the last five years, reaching 43 hotels worldwide. A global design powerhouse, W mixes the energy and vibrancy of its native New York City with insights from the local scene to create unique and innovative design personalities that appeal to global jetsetters. On track to reach 60 hotels by the end of 2015, W redefines the contemporary luxury hotel experience with each new opening, offering cutting-edge design, Whatever/Whenever service, buzzing bars and restaurants, and insider access to what’s new and next for guests and locals alike. W Verbier, debuting in December 2013, will take the W brand to the mountains with its very first Alpine escape, while W Guangzhou, set to open this month, will mark the W brand’s debut in mainland China.

St. Regis Doubles Global Portfolio and Reach in Five Years

St. Regis has more than doubled its global footprint and nearly doubled its global reach in five years, with brand debuts in new destinations, including Bal Harbour, Tianjin, Shenzhen, Doha and Abu Dhabi. St. Regis will continue its dynamic global growth opening long-awaited hotels and resorts in Changsha, Chengdu, Kuala Lumpur, Lijiang and Zhuhai in Asia Pacific, as well as debuts in Egypt and Jordan in the next two years. The St. Regis Mauritius Resort officially opens this month, marking the brand’s first hotel in Africa. In April 2013, St. Regis will celebrate the debut The St. Regis Abu Dhabi, its second hotel in Abu Dhabi following the recent opening of The St. Regis Saadiyat Island Resort in 2012. Reaching 30 hotels this year and with 13 hotels in the pipeline, St. Regis has firmly solidified its position as a leader in luxury hospitality.

The Luxury Collection on Track to Surpass 100 Hotels in the Next Five Years

In the past 12 months, The Luxury Collection has debuted six hotels and resorts in vibrant gateway cities and exotic resort destinations including Shanghai and Sanya in China, Chennai in India, as well as Koh Samui, Thailand and Jakarta, Indonesia. On track to surpass 100 hotels in the next five years, The Luxury Collection will continue its growth momentum globally with the opening of Palacio del Inka in Cusco, Peru and the debut of The Castle in Dalian, China this year. In addition, Starwood and its owners have invested more than $200 million to renovate and restore some of The Luxury Collection’s most celebrated hotels in Europe with the reopening of two iconic hotels in Spain last year: Hotel Alfonso XIII in Seville and Hotel Maria Cristina in San Sebastian, followed by the debut of the restored Gritti Palace in Venice most recently in January 2013 and Prince de Galles in Paris this upcoming June 2013.

About Starwood Hotels & Resorts Worldwide, Inc.

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 1,134 properties in nearly 100 countries and 171,000 employees at its owned and managed properties. Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton, Aloft®, and Element. The Company boasts one of the industry’s leading loyalty programs, Starwood Preferred Guest (SPG), allowing members to earn and redeem points for room stays, room upgrades and flights, with no blackout dates. Starwood also owns Starwood Vacation Ownership, Inc., a premier provider of world-class vacation experiences through villa-style resorts and privileged access to Starwood brands. For more information, please visit www.starwoodhotels.com.

Note: This press release contains forward-looking statements within the meaning of federal securities regulations. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties and other factors that may cause actual results to differ materially from those anticipated at the time the forward-looking statements are made. Further results, performance and achievements may be affected by general economic conditions, including the duration and severity of any global or regional economic downturns, the availability of financing alternatives at acceptable terms, the impact of war and terrorist activity, business and financing conditions, foreign exchange fluctuations, cyclicality of the real estate (including residential) and the hotel and vacation ownership businesses, operating risks associated with the hotel, vacation ownership and residential businesses. These risks and uncertainties are presented in detail in our filings with the Securities and Exchange Commission. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that results will not materially differ. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

2 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,399.67 +19.26 0.12%
S&P 500 1,904.01 +17.25 0.91%
NASDAQ 4,316.0740 +57.6360 1.35%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs