Starwood Hotels & Resorts to Strengthen Lead in Mexico and Expand Footprint by 30 Percent
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today plans to expand its hotel portfolio in Mexico by 30 percent, emphasizing the important role the country plays in Starwood’s Americas growth strategy and its prominence in the global travel market. Starwood continues to lengthen its lead as the largest operator in the upper-upscale hotel segment in Mexico with eight new hotels in its development pipeline that will add nearly 1,100 rooms.