Starwood Hotels and Resorts Worldwide Inc. (HOT) with its luxury boutique hotel brand W Hotels Worldwide is all set to expand its footprint in Russia, which is considered as one of the fastest growing markets. The company has recently partnered with Real Estate Development Ltd to open its first W Hotel in Russia. The hotel is located in St. Petersburg, which is also known as the “Venice of the North” and is most visited by tourists and citizens during the White Night Festival. Thus, we believe the hotel will enjoy one of the most strategic locations and drive traffic from all over the world. W St. Petersburg features 137 guest rooms, 10 suites and one traditional Presidential Suite. The hotel also possesses a signature restaurant mix, a signature spa, a
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