Starwood Hotels & Resorts tops 100th hotel milestone in China

Discussion in 'Starwood | Preferred Guest' started by sobore, Apr 19, 2012.  |  Print Topic

  1. sobore
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    sobore Gold Member

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    Starwood Hotels & Resorts tops 100th hotel milestone in China

    With recent hotel openings in Ningbo, Sanya, Yangzhou and Xian, Starwood Hotels & Resorts Worldwide, Inc. today announced it has surpassed the opening of its 100th operating hotel in China with plans to open 15 additional hotels by the end of this year. With eight hotels already opened in the first quarter of 2012, Starwood will open a total of 23 hotels in China in 2012, which is on pace with 2011 openings making 2012 the second consecutive year the company has opened a record number of hotels here in any one year.

    "In addition to the record-breaking pace at which we are opening hotels in China, we've signed 12 new deals in the first three months of 2012 and Greater China accounts for 44 percent of our global pipeline driven by an ever-increasing Chinese domestic travel market, as well as the fast-growing international inbound market," said Frits van Paasschen, President & CEO of Starwood Hotels & Resorts Worldwide, Inc. "Additionally, China continues to be the richest source of new Starwood guests with more than 600,000 active Starwood Preferred Guest members which is up 62 percent from last year."

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