logo
Share SHARE
FONT-SIZE Plus   Neg

Starwood Hotels To Strengthen Lead In Mexico & Expand Footprint By 30%

Starwood Hotels & Resorts Worldwide, Inc. (HOT) said it plans to expand its hotel portfolio in Mexico by 30 percent, stressing the important role the country plays in Starwood's Americas growth strategy and its prominence in the travel market worldwide.

Currently, Starwood has eight luxury hotels in Mexico, more than in any other Latin American market between its St. Regis, W and The Luxury Collection brands, and the firm would expand its luxury portfolio in the country by 50 percent over the next 3 years to meet increasing demand.

In next three years, Starwood would open four specialty-select brand hotels, including two new Aloft hotels in Merida, Guadalajara and two Four Points by Sheraton hotels in Queretaro and Cancun.

In order to deliver benefits beyond the guestroom to SPG members, Starwood also announced a global partnership with Aeromexico Club Premier, the frequent flyer program associated with Aeromexico, the national airline of Mexico. The new program would allow Club Premier Members to transfer points from their SPG account to their Club Premier accounts to convert them into Premier Kilometers.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Alteryx, Inc., a provider of self-service data analytics software, is the latest tech company to go public in March. Alteryx said it has priced its IPO of 9 million shares of its Class A common stock at $14 per share, at the top end of its range of $12 to $14 per share. Dunkin' Donuts is bidding adieu to one of its frozen coffee beverages this summer. However, loyal fans of the decades-old menu staple have not taken kindly to the news. The coffee chain said it will discontinue its popular Coffee Coolatta beverage this summer and instead, introduce the new Frozen Dunkin' Coffee, made with coffee extract, sugar and milk. Canadian pipeline operator Enbridge Inc. said it will cut about 1,000 jobs, or six percent of its workforce, following the completion of its acquisition of Houston-based Spectra Energy Corp. The job cuts will take place across the merged company.
comments powered by Disqus
Follow RTT