Starwood Hotels & Resorts’ Specialty Select Brands Power Record-Setting Global Growth with 132 Hotel Deals Signed and 30 Hotels Opened So Far in 2016
STAMFORD, Conn.--(BUSINESS WIRE)--Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that its Specialty Select Brands – Aloft, Four Points and Element – are propelling the company’s global growth with 132 new hotels deals signed so far this year, up 89% from the same time last year. Element Hotels, Starwood’s extended stay eco-incubator brand, has signed 35 hotel deals year-to-date, more than doubling the number of signed hotels in all of 2015. Aloft Hotels, Starwood’s tech-forward powerhouse, has signed 52 hotel deals so far this year. Four Points, Starwood’s second largest brand measured by number of hotels, has signed 45 hotels so far this year, nearly doubling its pace for the same period last year.