Starwood Hotels Introduction The Starwood hotel and resorts company is one of the largest and well-established companies in the world. Nine different hotel brands are owned‚ franchised or managed by the Starwood Company. According to their webpage‚ Starwood employed about 145.000 people in 2006. Furthermore‚ they made a total revenue of 5‚979 billion US dollars. (Starwoodhotels‚ n. d.) Because of its diversity and values as well as its constant modulation‚ Starwood is successful today and will
Premium Hotel chains
Starwood Expands Presence in Brazil with Upcoming Sheraton Da Bahia Hotel in Salvador December 19‚ 2012 STAMFORD‚ CONN. – December 19‚ 2012 –Starwood Hotels & Resorts Worldwide‚ Inc. (NYSE:HOT) has partnered with GJP Hotéis & Resorts to expand the presence of its global powerhouse brand Sheraton Hotels & Resorts in Brazil. Sheraton da Bahia Hotelwill be located inSalvador‚ one of the most important tourist destinations in the country. The 284-room historic Hotel da Bahia is currently
Premium Hotel Rio de Janeiro Hotel chains
Starwood Hotels & Resorts Worldwide‚ Inc. is one of the largest hotel ownership and management companies in the world. Starwood‚ headquartered in White Plains‚ New York‚ owns‚ operates‚ franchises and manages hotels‚ resorts‚ spas‚ residences‚ and vacation ownership properties under its nine owned brands. Currently‚ Starwood owned‚ managed‚ or franchised over 1000 properties in over 100 countries and employees 145‚000 people at its’ owned and managed properties. Starwood Hotels is a fully integrated
Premium Hotel
following you will find a brief discussion on Starwood Hotel and Resorts Worldwide’s mission and vision statement and a brief profile on the company. Mission Statement Starwood’s mission is to consistently exceed our guests’ expectations in terms of the products and services we provide to our business and leisure travelers. We strive to create an experience that is responsive to our guests’ needs by using the information you entrust us with responsibly. Starwood is committed to respecting your privacy
Premium Hotel
Summary Starwood Hotels & Resorts Worldwide‚ Inc. is one of the leading hotel and leisure companies in the world with 1‚000 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‚ Sheraton‚ Westin‚ Four Points by Sheraton‚ W‚ Le Méridien‚ Aloft‚ and Element. Starwood Hotels also
Premium Hotel
Starwood Hotels & Resorts Worldwide In partial fulfilment Of the requirements in Total Quality Management 12 October‚ 2010 I. INTRODUCTION Being one of the of the leading hotel and leisure companies in the world‚ Starwood Hotels and Resorts Worldwide‚ Inc. already has nearly 1000 properties in some 100 countries and approximately 145‚000 employees at its owned and managed properties. Starwood Hotels and Resorts is a fully integrated owner‚ operator and franchisor of hotels and resorts
Premium 1979 1970 1982
Starwood Hotels Mission and Current Performance A) A vision statement needs to include what the company wants to become. In Starwood’s vision statement the vision is vague. They are not in the Life Style business‚ nor strongly in the Consumer Products business. Their business is the hospitality business and it is not emphasized properly. Starwood lacks a mission statement. As so they do not address the nine components of the mission statement that describes what the business is. There is a
Premium Hotel Revenue Hotel chains
Starwood Hotels & Resorts Competitor Analysis Market Performance: Starwood’s market share should either stay the same or grow in the future. With plans to continue expanding into emerging markets like China and continuing to get out from under their real estate ownership and move toward a more management/franchise focus their revenues should continue to increase over the next few years. Starwood competes by focusing on their brand name. They want the name to evoke thoughts of comfort‚ style
Premium Financial ratios Profit Hotel
A. Overview of Starwoods Hotels & Resorts Worldwide Inc. Starwood Hotels & Resorts Worldwide Inc. is one of the largest hotel companies in the world. It was originally formed by a real estate investment firm Starwood Capital under the name of Starwood Lodging and was run by the ambitious Barry Sternlicht. Later on Starwood Lodging came to be known as Starwood Hotels & Resorts Worldwide Inc after Barry Sternlicht stepped down as CEO. The company owns and operates hotels leading brands such as Sheraton
Premium Hotel Resort Barriers to entry
SWOT Analysis: Strengths: Starwood has created a brand name for itself worldwide and has been able to gain a high number of loyal customers. The group has provided good service to customers and has received a number of positive feedbacks from the customers. The popularity of the group is seen clearly by its ranking in the Worldwide Top 10 hotels. Starwood has over 897 hotels worldwide which shows the large operational scale. Starwood has grown by 3.0% in one year (in Rooms) and this shows how
Premium Customer service Brand Customer