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Starwood Hotels and Resorts chooses Scottsdale for finance headquarters
July 14, 2011
Contact: Kim Hanna, Economic Vitality; Office: (480) 312-7612, khanna@ScottsdaleAz.gov
Nadeen Ayala, Starwood Hotels; Nadeen.Ayala@starwoodhotels.com
Starwood Hotels and Resorts chooses Scottsdale for finance headquarters
Starwood Hotels and Resorts Worldwide, Inc. will relocate its finance corporate office to the Scottsdale Quarter where the hospitality industry leader will build out more than 56,000 square feet of office space to accommodate about 300 employees.
Starwood will invest approximately $5 million to improve two floors at the Scottsdale Quarter to meet environmentally-sustainable LEED standards. The company’s corporate financial team and executive level staff will occupy the new location. Starwood expects to add about 20 employees in Scottsdale in the next few years.
“Like the city of Scottsdale, Starwood makes emotional connections with millions of people each year and we are excited about our relocation,” said Alan Schnaid, senior vice president of finance and chief accounting officer for Starwood Hotels. “We are excited to be part of this up and coming area in Scottsdale.
The Economic Vitality department sees Starwood as a natural fit in Scottsdale, since both the company and the city are considered innovative and bold, and place high importance on art, architecture, design, cuisine and fashion.
“Hospitality is a vital component of Scottsdale’s economy and we are thrilled that Starwood has joined the Scottsdale business mix of other industry leaders like Go Daddy, Taser and Mayo Clinic that call Scottsdale their home,” said Jim Mullin, city of Scottsdale economic vitality director.
The city routinely receives superior ratings in areas that matter to businesses, residents and tourists and by doing so it attracts innovators who create industries. Starwood fits that profile as a leader in the hospitality industry for years providing a guest experience rather than just a place to sleep.
Starwood Hotels owns, manages and franchises 16 hotels in Arizona including the Westin Kierland Resort & Spa, Sheraton Phoenix Downtown, W Scottsdale, The Phoenician and the Sheraton Wild Horse Pass Resort & Spa.
About Starwood Hotels & Resorts
About Starwood Hotels & Resorts Worldwide, Inc.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 1,051 properties in 100 countries and territories with 145,000 employees at its owned and managed properties. Starwood Hotels is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton, and the recently launched Aloft®, and Element SM. The company boasts one of the industry’s leading loyalty programs, Starwood Preferred Guest (SPG), allowing members to earn and redeem points for room stays, room upgrades and flights, with no blackout dates. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwoodhotels.com.
For more information about Scottsdale’s business and economic vitality department visit www.ScottsdaleAz.gov/EV.
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