CEO Steven Heyer

Rolling out the “green carpet” for drivers of electric and hybrid vehicles, Element Hotels today announced its goal to install electric car-charging stations at all of its properties by the end of 2009. A worldwide first for a hospitality brand, the program comes after piloting a charging station at Starwood-owned Element Lexington which proved to be a hit with guests and locals alike. Element Hotels is Starwood Hotels & Resorts Worldwide, Inc.’s (NYSE: HOT) new eco-chic brand. The ChargePoint(R) Networked Charging Station was developed by California innovator Coulomb Technologies. In partnership with Carbon Day Automotive, it will be available at Element hotels currently open, ... Read Full Story

WHITE PLAINS, N.Y. ( BUSINESS WIRE ) -- Rolling out the "green carpet" for drivers of electric and hybrid vehicles, Element Hotels today announced its goal to install electric car-charging stations at all of its properties by the end of 2009. A worldwide first for a hospitality brand, the program comes after piloting a charging station at Starwood-owned Element Lexington which proved to be a hit with guests and locals alike. Element Hotels is Starwood Hotels & Resorts Worldwide, Inc.'s (NYSE: HOT) new eco-chic brand. The ChargePoint(R) Networked Charging Station was developed by California innovator Coulomb Technologies. In partnership with Carbon Day Automotive, it ... Read Full Story

As millions search online for the perfect gift this holiday season, Starwood Hotels & Resorts Worldwide announces the launch of its Cyber Monday Sale. The promotion – which kicks-off Monday, November 30, and runs for three days only – offers special rates at 50 of the world’s hottest resorts in premium destinations like the Bahamas, Bora Bora, Puerto Rico and Tahiti. The special rates can only be booked online and are for stays from January 1 through April 30, 2010. For a sneak peak of the offer and destinations, travelers can visit cybermonday-preview Among the seasonal steals available are The Westin St. John Resort ... Read Full Story

Starwood Hotels & Resorts Worldwide announces the opening of six new Westin hotels the remaining six weeks of the year. The upcoming openings underscore the Westin brand’s focus on international expansion and will include locations in India: The Westin Hyderabad Mindspace, The Westin Mumbai Garden City and The Westin Pune Koregaon Park; China: The Westin Tianjin; and the United States: The Westin Washington Dulles Airport and The Westin Lake Mary, Orlando North. “Even during these challenging economic times, Starwood Hotels & Resorts continues to open best-in-class Westin hotels around the world by working with our proven development partners,” said Simon Turner, President of Global ... Read Full Story

Starwood Hotels & Resorts Worldwide Inc. reports results for the third quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: Like others in the industry, Starwood Hotels & Resorts Worldwide Inc. has seen its revenue slump as both leisure and business travelers tighten their budgets and stick closer to home. Through the first six months of the year, Starwood's revenue was nearly 24 percent lower than a year earlier. The White Plains, N.Y.-based chain operates the Sheraton, W Hotels, Westin, St. Regis, Four Points, Aloft brands. During the third quarter, Starwood agreed to sell ... Read Full Story