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Tag Archives: Starwood Hotels & Resorts Worldwide

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Sheraton Dubai Creek Re-Opens Following $50M Renovation

Sheraton Dubai Creek Re-Opens Following $50M Renovation

DUBAI, United Arab Emirates—Starwood Hotels & Resorts Worldwide has announced the re-opening of the Sheraton Dubai Creek Hotel & Towers following an extensive $50 million renovation. Opened in 1978, the landmark hotel was the first Starwood hotel to open in ...

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Four Points On Track to Double its Portfolio in China

Four Points On Track to Double its Portfolio in China

HEFEI, Anhui, China—Starwood Hotels & Resorts Worldwide in partnership with Greenland Group announced the debut of Four Points by Sheraton Hefei, Shushan—the first Four Points hotel to open in the capital of Anhui Province. Starwood Hotels’ Four Points brand has ...

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Starwood Announces Resignation of Vice Chairman/CFO

Starwood Announces Resignation of Vice Chairman/CFO

STAMFORD, Conn.—Starwood Hotels and Resorts Worldwide Inc. announced that Vasant M. Prabhu has resigned as vice chairman and chief financial officer to join NBCUniversal as chief financial officer. Twenty-year Starwood veteran and finance leader Alan Schnaid, currently senior vice president, ...

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Deutsche Bank to Lend $1.9B to Kyo-ya Hotels & Resorts

Deutsche Bank to Lend $1.9B to Kyo-ya Hotels & Resorts

Deutsche Bank AG will lend $1.9 billion to Kyo-ya Hotels & Resorts LP, owner of five Starwood-branded hotels in Hawaii and one in San Francisco, reports Bloomberg Businessweek. The Frankfurt-based lender, which was competing with Credit Suisse Group AG, JPMorgan ...

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