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Starwood Enters Agreements for Five New Hotels that will Add Over 1,200 rooms in the UAE, Saudi Arabia and Qatar
Starwood Hotels & Resorts Worldwide, Inc. | April 27, 2016
DUBAI, United Arab Emirates --April 27, 2016-- From the Arabian Hotel Investment Conference (AHIC) in Dubai , Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it is on track to grow its portfolio in the Middle East to 100 hotels by 2020. This follows five new deal signings that will add over 1,200 rooms in the UAE , Saudi Arabia and Qatar . Starwood will also open five hotels in 2016 across the United Arab Emirates , Saudi Arabia and Qatar. "The Middle East continues to be one of Starwood's fastest growing markets and we are immensely committed to the trust that owners have in our world-class brands," said M...