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A year of strong renewal for Starwood Hotels

1 min reading time

Published on 19/02/14 - Updated on 17/03/22

Prince de Galles Luxury Collection Paris

The American group ended the year 2013 with 6.115 billion dollars (4.5 billion euros) in turnover, an Ebitda (brut margin) of 1.268 billion dollars and net benefit of 635 million dollars (462 million euros), up by 13%.

The group's activity was particularly dynamic on its domestic market in North America with improvement in the RevPAR on a constant basis of 6.1%, versus 2.3% for Latin America, 3.5% for Greater China, 8.0% for the rest of Asia Pacific, 3.9% for Europe and 2.0% for Africa Middle East. For the whole of its global hotel supply, the increase in the RevPAR is close to 5% in constant dollars.

Development remains a priority for the group, which signed 152 new management and franchise contracts, for 32,200 additional rooms in the pipeline for the next few years. It added 74 new properties to its inventory over the year 2013, for 16,200 new rooms, to reach 1,175 properties under all its brands (Sheraton, Westin, Element, Le Méridien, St-Regis/Luxury Collection, W, Aloft and Four Points), for a total of 347,000 rooms commercialized on January 1, 2014.

Marriott International

Marriott International

Hotel Group

  • Marriott International United-States
  • Offres d'emplois 83 currents job offers
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