element
Marriott’s Expansion in the Middle East & Africa Aims to Increase Portfolio by 50 Percent and Debut Additional Brands
Marriott International, Inc. | April 11, 2018
Marriott International (NASDAQ: MAR) today announced ambitious growth plans for its Middle East and Africa region following signings for more than 30 properties and over 5,000 rooms in the last 12 months. The signings put Marriott on track to increase its portfolio in the region to nearly 370 hotels – an increase of more than 50% over the next five years. This will amount to more than 80,000 rooms across 21 brands, including the introduction in the region of brands such as EDITION, Element and AC Hotels by Marriott. Also in line with its development plans, the company and its property owners expect to add 30,000 new jobs across th...
Starwood’s Element Brand to Open 22 Hotels Across the U.S. and Canada by 2018
Element Hotels | April 25, 2016
STAMFORD, Conn. - April 25, 2016 - Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced it will significantly expand its Element Hotels portfolio in North America due to soaring demand for the stylish, sustainable brand. On track to more than double its North America footprint over the next three years, Element will open another 22 hotels across the U.S. and Canada by 2018 including debuts in Philadelphia, Charleston and Nashville. "Element Hotels is experiencing unprecedented growth momentum throughout North America, as well as in a number of key global markets, due to the widespread appeal of the brand's distinct l...
Starwood’s Aloft, Element, and Four Points Brands to Add Nine Florida Hotels by 2019 Year End
Starwood Hotels & Resorts Worldwide, Inc. | February 25, 2016
STAMFORD, Conn.-- February 25, 2016 -- Hot on the heels of the opening of Aloft Sarasota, Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that its Specialty Select brands are rapidly increasing their footprint in Florida with the addition of at least 9 hotels slated to open in the next three years. Starwood will reach 30 hotels in the state across its Aloft, Element and Four Points brands by 2019 year end, an increase of more than 40 percent. Aloft, Starwood's tech-forward incubator brand, is leading the charge with six new hotels poised to open; Four Points, offering stylish comfort for the everyday traveler, w...
Starwood to Open Three Additional Element Hotels in Greater China Over the Next Four Years
Element Hotels | August 13, 2015
STAMFORD, Conn., Aug. 13, 2015 -- Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced three more Element hotels set to open in Greater China in the next four years, following the recent opening of the Element brand's Asia Pacific flagship Element Suzhou Science and Technology Town in Suzhou, China. With the increasing trend of guests seeking eco-conscious alternatives and a growing importance of sustainable development led by the Chinese government's commitment to environmental protection, Element is well-positioned to meet growing demand with its sustainable programming and nature-inspired room offerings, designed...
Denver Hospitality II, LLC Acquires the Element Denver Park Meadows for $15.5M from Starwood
Starwood Hotels & Resorts Worldwide, Inc. | July 7, 2015
Third Starwood Hotel Sale to Close in the Two Months of May and June 2015 Hotel will Continue to Operate as an Element under a New Franchise Agreement STAMFORD, Conn. -- July 7, 2015 -- Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has sold Element Denver Park Meadows to Denver Hospitality II, LLC. for $15.5 million. The hotel will continue to be affiliated with Starwood Hotels & Resorts and its award-winning Starwood Preferred Guest® program. Adam Aron, CEO of Starwood on an interim basis, said: "The sale of Element Denver Park Meadows follows the recent high profile sales of two of our hotel pro...
Starwood Hotels & Resorts Opens Element Suzhou Science and Technology Town in Suzhou, China
Element Hotels | June 17, 2015
SUZHOU, China--June 17, 2015--Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced the debut of its eco-conscious Element® brand in Asia Pacific with the opening of Element Suzhou Science and Technology Town in Suzhou, China. Owned by Suzhou Science and Technology Town Kexin Cultural Tourism Development Co., LTD., the new Element hotel is set to offer healthy, active travelers a smart and sustainable stay, designed to fuel a balanced life while on the road. "As Starwood's eco-innovation lab, the Element® brand has redefined the category with its light-filled atmosphere, eco-minded design and commitment to innovatio...
Starwood Hotels & Resorts Signs Five New Projects for its Aloft & Element Brands in the Middle East
Starwood Hotels & Resorts Worldwide, Inc. | May 6, 2015
DUBAI, United Arab Emirates--From the Arabian Hotel Investment Conference (AHIC) in Dubai, Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced it will double its portfolio in the Middle East, aggressively expanding its luxury, upper upscale and mid-market brands with plans to open 50 hotels by 2019. Reaffirming its growth commitment to the region, the company has signed five new projects under its Aloft and Element brands in Dubai (UAE), Doha (Qatar) and Muscat (Oman), adding up to a total of seven signed deals to date. "Our growth in the region is a result of consistently delivering value to our owners through our ...
