Starwood to Open 30 Hotels in Europe in Next 5 Years | zacks.com
Starwood Hotels & Resorts Worldwide, Inc. (HOT - Analyst Report), at the International Hotel Investment Forum (IHIF) in Berlin, announced that it plans to open over 30 hotels in Europe in the next five years. These are already under development.
Besides launching the Tribute Portfolio brand in France, it is also working on diversifying its brand footprint in Italy and expanding its mid-market brands in the United Kingdom, The Netherlands, Russia and Turkey. Starwood said it opened 18 organic hotels in 2015.
