Leading hospitality company Starwood Hotels & Resorts Worldwide, Inc. (HOT) recently declared that amid such global macroeconomic turmoil, it has entered into maximum number of hotel agreements in 2012. At the end of 2012, the company inked nearly 125 new hotel management and franchise deals, which reflect an increase of 13% year over year. Of its total pipeline, 20% of hotel deals are consistent with the company’s brand conversion strategy. Earlier, the company projected to unveil 71 new hotels with nearly 18,500 guestrooms located across 20 countries by the end of 2012. The company will be able to beef up its portfolio with these new deals and hotels, especially in the emerging markets. In 2012, the company entered into the maximum number of hotel deals in the developing markets. In
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