Starwood plans 30 new North America hotels in 2014

Starwood plans 30 new hotels in North America for 2014, down from the 33 opened last year

Associated Press

STAMFORD, Conn. (AP) -- Starwood Hotels & Resorts Worldwide Inc. said on Tuesday that it plans to open about 30 new hotels in North America this year, down from the 33 opened last year.

The company currently has 577 hotels in North America. It expects that growing demand and a low supply of rooms will drive growth.

Starwood's brands include Le Meridien, Westin, and Sheraton. It has about 1,200 properties globally.

The Stamford, Conn., company is expected to report fourth-quarter results on Feb. 13.

View Comments (0)