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(HOT) Starwood Hotels & Resorts Worldwide Shift Base to Dubai

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Starwood Hotels & Resorts Worldwide, Inc. ( HOT ) , the leading global hospitality company, has recently transferred its headquarters from Stamford, CT to Dubai, UAE for one month. This was done with the clear intent of focusing more on Starwood’s growing international portfolio and exploring new development opportunities in the Middle East countries. Starwood’s 200 top executives from U.S., Europe, Asia and Latin America are now relocated in Dubai to manage the company’s key operations. The company has chosen Dubai as temporary headquarters, given its promising growth opportunity and inspiring economic performance. It is a perfect fit for leisure as well as business travelers. Commencing its journey in 1963, Starwood now owns 45 hotels in the Middles East with as many as 14 properties exclusively in Dubai. The company

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