Starwood Hotels & Resorts Tops 100th Hotel Milestone in China

Global Hospitality Giant Lengthens its Lead in China Opening 23 Hotels in 2012

Travel News
Travel News

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."

Since Starwood's landmark debut of The Great Wall Sheraton Hotel in Beijing in 1985, China has now become Starwood's second largest market in the world after the United States and Starwood continues to lead as the largest high-end hotel operator in the country. Looking ahead, Starwood's growth in China is being fueled by the power of its Sheraton and Westin brands and, increasingly, the momentum of the company's mid-market brands -- Aloft and Four Points by Sheraton which now boasts the company's second largest pipeline in China behind Sheraton.

» Read Complete News.....

(You need to login first to read complete news).
New User? Register for FREE!

» Back to Travel News

Advertisement