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NEWS
New Starwood CEO to focus on unit growth
POSTED 26 Mar 2015 . BY Helen Andrews
While Aron has been appointed as CEO on an interim basis, no deadline has been put in place to find a permanent replacement
While Aron has been appointed as CEO on an interim basis, no deadline has been put in place to find a permanent replacement
Following the departure of Frits van Paasschen, former CEO of Starwood, the new top man at the company – Adam Aron – is aggressively pursuing unit growth for 2015.

While Aron has been appointed CEO on an interim basis, no deadline has been put in place to find a permanent replacement.

One example of Starwood's growth ambitions include its recent announcement that it is marketing three assets in Fiji, including the 300-key Sheraton Fiji Resort, the 276-bedroom Westin Denarau Island Resort & Spa and the Denarau Golf & Racquet Club. Proceeds from these asset sales will fund general corporate purposes – which could include growth – according to Simon Turner, president of global development at Starwood.

Turner commented on the invigorated strategy to develop the company’s portfolio: “It’s a healthy mix between management contracts and franchised, [referring to the Starwood portfolio of more than 1,200 properties worldwide]. We don’t want to have all of our eggs in one basket. It’s also a healthy mix between conversions and new builds with more new builds than conversions at this point.”
PROJECT PROFILE:

Emre Arolat-designed St Regis Istanbul to debut in March with an Iridium Spa
Starwood Hotels & Resorts will debut its first St Regis-branded property in Istanbul, Turkey in March – designed by award-winning Turkish architect Emre Arolat in an Art Deco style reminiscent of the city’s artistic 1920s era.

Location: Istanbul , Turkey

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  Starwood to expand its luxury portfolio in Latin America


Starwood Hotels & Resorts has announced that it will expand its luxury portfolio in Latin America and the Caribbean through a series of new hotel launches.
  Emre Arolat-designed St Regis Istanbul to debut in March with an Iridium Spa


Starwood Hotels & Resorts will debut its first St Regis-branded property in Istanbul, Turkey in March – designed by award-winning Turkish architect Emre Arolat in an Art Deco style reminiscent of the city’s artistic 1920s era.
  Starwood announces 40 European hotels as Hotel Investment Forum kicks off in Berlin


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Jobs    News   Products   Magazine
NEWS
New Starwood CEO to focus on unit growth
POSTED 26 Mar 2015 . BY Helen Andrews
While Aron has been appointed as CEO on an interim basis, no deadline has been put in place to find a permanent replacement
While Aron has been appointed as CEO on an interim basis, no deadline has been put in place to find a permanent replacement
Following the departure of Frits van Paasschen, former CEO of Starwood, the new top man at the company – Adam Aron – is aggressively pursuing unit growth for 2015.

While Aron has been appointed CEO on an interim basis, no deadline has been put in place to find a permanent replacement.

One example of Starwood's growth ambitions include its recent announcement that it is marketing three assets in Fiji, including the 300-key Sheraton Fiji Resort, the 276-bedroom Westin Denarau Island Resort & Spa and the Denarau Golf & Racquet Club. Proceeds from these asset sales will fund general corporate purposes – which could include growth – according to Simon Turner, president of global development at Starwood.

Turner commented on the invigorated strategy to develop the company’s portfolio: “It’s a healthy mix between management contracts and franchised, [referring to the Starwood portfolio of more than 1,200 properties worldwide]. We don’t want to have all of our eggs in one basket. It’s also a healthy mix between conversions and new builds with more new builds than conversions at this point.”
RELATED STORIES
Chinese-owned Baccarat Hotel Manhattan opens with Spa de La Mer to follow


The Baccarat Hotel in Manhattan – which Beijing-based Sunshine Insurance bought from hotel manager Starwood for US$230m (€210m, £154m) earlier this year – reopened on 18 March.
Starwood to expand its luxury portfolio in Latin America


Starwood Hotels & Resorts has announced that it will expand its luxury portfolio in Latin America and the Caribbean through a series of new hotel launches.
Emre Arolat-designed St Regis Istanbul to debut in March with an Iridium Spa


Starwood Hotels & Resorts will debut its first St Regis-branded property in Istanbul, Turkey in March – designed by award-winning Turkish architect Emre Arolat in an Art Deco style reminiscent of the city’s artistic 1920s era.
Starwood announces 40 European hotels as Hotel Investment Forum kicks off in Berlin


The International Hotel Investment Forum (IHIF) got off to a bang today (2 March), with Starwood announcing that it is on course to open more than 40 new hotels and resorts across Europe in the next five years.
MORE NEWS
Planet Fitness deal hints at blueprint for global expansion
Private investment company, Franchise Equity Partners, has acquired Bravo Fit, the Planet Fitness franchisee in Australia, from existing shareholders.
Fitness First UK unveils makeover of Highbury club with new recovery and Pilates offerings
Fitness First UK has raised the bar with its latest refurbishment, in Highbury, London, as it continues to premiumise its estate.
Total Fitness research charts the fitness industry’s post-pandemic transformation
It’s been five years since the fitness industry reopened after the last lockdown – long enough to look back on the impact the pandemic had on the sector and what might come next. 
Wattbike and EGYM integration allows addition of VO2 max tests
Wattbike has announced a new integration with EGYM, which enables the bikes to contribute to the Cardio BioAge score of individuals via a VO2 max result.
Les Mills launches reformer Pilates workout
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Introducing a new era of Nautilus Leverage
Strength training has never been more important for member retention, facility differentiation and long-term commercial success. [more...]
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Everyone Active operates leisure centres in partnership with local councils across the UK. Today, Ev [more...]
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