name: Starwood Hotels and Resorts International Group
Starwood Hotels and Resorts Worldwide (Starwood Hotels and Resorts Worldwide) is an American hotel and leisure company and the world’s largest hotel group, headquartered in Stamford, Connecticut. The group owns, operates, franchises and manages 1,000 hotels, resorts, spas, residences and resorts.
As of December 1, 2014, Starwood Hotels & Resorts International owns, manages, and franchises more than 1,200 properties with a total of 180,400 employees, of which approximately 26% work in the United States.
On November 16, 2015, Marriott International announced that it would acquire Starwood Hotels and Resorts International Group for US$12.2 billion, which will become the world’s largest hotel chain after the acquisition.
The New York Stock Exchange symbol of Starwood Hotels & Resorts International Group is HOT, and it is a constituent stock of the Standard & Poor’s 500 Index. In 2013, the company’s revenue was US$6.115 billion, operating income was US$925 million, net income was US$635 million, total assets were US$8.762 billion, and total equity was US$3.363 billion.
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