Starwood Hotels & Resorts is planning to affirm its position in the luxury and up-scale hospitality market in Middle East & North Africa (MENA).
Starwood Hotels & Resorts is planning to affirm its position in the luxury and up-scale hospitality market in Middle East & North Africa (MENA). The hotel operator will launch 40 properties across the region in next five years. With already 70 operational properties in MENA, Starwood has added six new hotels in the regional network in the past 18 months. Apart from this, it has also recently signed deals for 10 additional hotels. Starwood will also debut two hotels in Saudi Arabia later this year: the Sheraton Medina and Four Points by Sheraton Medina. With this, it will increase Starwood's portfolio to 12 hotels in the country. MENA is a key business destination for Starwood next only to China which is its primary market. Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 1,103 properties in nearly 100 countries. Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St. Regis, The Luxury Collection, W, Westin, Le Meridien, Sheraton, Four Points by Sheraton, Aloft, and Element.