STARWOOD HOTELS & RESORTS WORLDWIDE, INC. at a Glance

Uppers

  • Manages and owns some of the best-known brands in the hotel industry
  • Significant job opportunities for those interested in the hospitality industry
  • Benefits and salaries competitive within the industry

Downers

  • Management styles vary widely from location to location
  • Work schedule can be hectic

The Bottom Line

  • With properties across the globe, Starwood offers a wide range of opportunities, but applicants should be aware that starting salaries may be low and workloads might be heavy.

About STARWOOD HOTELS & RESORTS WORLDWIDE, INC.

Starwood Hotels & Resorts Worldwide knows how to shine a light on hospitality. One of the world's largest hotel companies, it has nearly 1,300 properties in about 100 countries. Starwood's hotel empire consists of upscale brands such as Sheraton and Westin. It operates about 100 luxury resorts and hotels through its St. Regis and Luxury Collection units, while its 40 W Hotels offer ultra-modern style. Other brands include Four Points (value-oriented), Le Méridien (European-inspired), Aloft (select-service), and Element (extended stay). Starwood Vacation Ownership operates about 15 time-share resorts. In 2016 Marriott agreed to acquire Starwood for about $13.3 billion.

Geographic Reach

Starwood is focused on international expansion. The dramatic economic growth in Asia, Europe, Latin America, the Middle East, and Africa is fueling demand for Starwood's brands worldwide.

Operations

The company manages and operates hotel business in three separate hotel segments: the Americas; Europe, Africa, and the Middle East (EAME); and Asia Pacific.

Sales and Marketing

Starwood's loyalty program, "Starwood Preferred Guest", is a frequent guest incentive marketing program, allowing members to earn and redeem points for room stays, room upgrades, and flights. Starwood uses multi-media advertising campaigns, including television, radio, internet, and print advertisements to drive guests to its properties.

Financial Performance

Starwood’s revenue decreased by 4% in fiscal 2015 compared to the prior fiscal period. The company reported $5.76 billion in revenue for fiscal 2015 after bringing in $5.9 billion the previous year.

Its net income was $489 million in fiscal 2015, which was a decrease of almost 25% compared to fiscal 2014. Starwood ended fiscal 2015 with $890 million in cash on hand.

Strategy

Starwood plans to increase its operating hotel footprint in Latin America by 50% during the next five years, opening an average of seven new hotels per year in the region. Starwood continues to expand in Europe as well, where it expects to open more than 60 new hotels and resorts across by 2020.

Mergers and Acquisitions

The merger with Marriott will create the world's biggest hotel company with more than 5,500 hotels and about 1.1 million rooms in some 100 countries worldwide. The deal is expected to close in mid-2016.

- Show Less + Show Full Description

Company News and Press Releases

- Show Less + Show More News and Press Releases

STARWOOD HOTELS & RESORTS WORLDWIDE, INC.

1 Star Pt
Stamford, CT 06902-8911
Phone: 1 (203) 964-6000

Stats

  • Employer Type: Public
  • Stock Symbol: HOT
  • Stock Exchange: NYSE
  • CEO: Thomas B. Mangas
  • CEO: Thomas B. Mangas
  • SVP and CFO: Alan M. Schnaid

Major Office Locations

  • Stamford, CT

Other Locations

  • Birmingham, AL
  • Cave Creek, AZ
  • Phoenix, AZ
  • Scottsdale, AZ
  • Tucson, AZ
  • Los Angeles, CA
  • Millbrae, CA
  • Newark, CA
  • North Hollywood, CA
  • Palm Desert, CA
  • Pleasanton, CA
  • Pomona, CA
  • Rancho Cucamonga, CA
  • Rancho Mirage, CA
  • Sacramento, CA
  • San Diego, CA
  • San Francisco, CA
  • San Rafael, CA
  • Aspen, CO
  • Avon, CO
  • Denver, CO
  • Durango, CO
  • Steamboat Springs, CO
  • Westminster, CO
  • Washington, DC
  • Cocoa Beach, FL
  • Coral Gables, FL
  • Deerfield Beach, FL
  • Fort Lauderdale, FL
  • Gainesville, FL
  • Kissimmee, FL
  • Lake Buena Vista, FL
  • Miami, FL
  • Miami Beach, FL
  • New Port Richey, FL
  • Orlando, FL
  • Plantation, FL
  • Atlanta, GA
  • College Park, GA
  • Honolulu, HI
  • Kamuela, HI
  • Koloa, HI
  • Lahaina, HI
  • Princeville, HI
  • Chicago, IL
  • Lombard, IL
  • Oak Brook, IL
  • Rosemont, IL
  • Lexington, KY
  • Metairie, LA
  • New Orleans, LA
  • Boston, MA
  • Braintree, MA
  • Hyannis, MA
  • Lexington, MA
  • Needham, MA
  • Norwood, MA
  • Waltham, MA
  • Baltimore, MD
  • Rockville, MD
  • Detroit, MI
  • Minneapolis, MN
  • Fayetteville, NC
  • Omaha, NE
  • Nashua, NH
  • Hoboken, NJ
  • Jersey City, NJ
  • Piscataway, NJ
  • Princeton, NJ
  • Weehawken, NJ
  • Albuquerque, NM
  • Las Cruces, NM
  • Las Vegas, NV
  • Flushing, NY
  • New York, NY
  • Cincinnati, OH
  • Columbus, OH
  • Portland, OR
  • King Of Prussia, PA
  • Langhorne, PA
  • Marshalls Creek, PA
  • Mount Pocono, PA
  • Philadelphia, PA
  • Pittsburgh, PA
  • Providence, RI
  • Columbia, SC
  • Hilton Head Island, SC
  • Myrtle Beach, SC
  • Nashville, TN
  • Austin, TX
  • Dallas, TX
  • Houston, TX
  • Irving, TX
  • San Antonio, TX
  • Park City, UT
  • Arlington, VA
  • North Chesterfield, VA
  • South Burlington, VT
  • Bellevue, WA
  • Seattle, WA
  • Green Bay, WI
  • Wommelgem, Belgium
  • Calgary, Canada
  • Mississauga, Canada
  • Ottawa, Canada
  • St Thomas, Canada
  • Toronto, Canada
  • Paris, France
- Show Less + Show More

Get Our Career Newsletter

Interview, resume and job search tips emailed directly to you.