Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today
that its Board of Directors has approved a share repurchase
authorization of $250 million.
About Starwood Hotels & Resorts Worldwide, Inc.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel
and leisure companies in the world with 1,071 properties in 100
countries and approximately 145,000 employees at its owned and managed
properties. Starwood Hotels is a fully integrated owner, operator and
franchisor of hotels and resorts with the following internationally
renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le
Méridien®, Sheraton®, Four Points® by Sheraton, aloft(SM), and
element(SM). Starwood Hotels also owns Starwood Vacation Ownership,
Inc., one of the premier developers and operators of high quality
vacation interval ownership resorts. For more information, please visit
the "Investor Relations” section within www.starwoodhotels.com.
** Please contact Starwood’s toll-free media
hotline at (866) 4-STAR-PR (866-478-2777) for photography or
public relations requests.**
