Starwood now sees "W" tripling footprint by 2015 - CFO | Reuters
After coming out of one of the hotel industry's worst ever crises, Starwood Hotels and Resorts Worldwide Inc is running four years behind its schedule of tripling the footprint of its "W" luxury brand. The company had said in November 2009 that it would roughly triple the number of its W hotels -- there were 26 at that time -- by 2011. At the end of 2010, there were 38 Ws worldwide.
After coming out of one of the hotel industry's worst ever crises, Starwood Hotels and Resorts Worldwide Inc is running four years behind its schedule of tripling the footprint of its "W" luxury brand. The company had said in November 2009 that it would roughly triple the number of its W hotels -- there were 26 at that time -- by 2011. At the end of 2010, there were 38 Ws worldwide.
