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8-K - LIVE FILING - STARWOOD HOTEL & RESORTS WORLDWIDE, INC | htm_47096.htm |
Investor Contact
Stephen Pettibone
203-351-3500
Media Contact
KC Kavanagh
866-478-2777
One StarPoint
Stamford, CT 06902
United States
STARWOOD INCREASES SHARE REPURCHASE AUTHORIZATION BY $500 MILLION
STAMFORD, Conn. (February 13, 2013) Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that the Companys share repurchase authorization has increased by an additional $500 million. As of February 13, 2013, the total amount available under the authorization is approximately $680 million.
About Starwood Hotels & Resorts Worldwide, Inc.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the
world with 1,134 properties in nearly 100 countries and 171,000 employees at its owned and managed
properties. Starwood 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, Aloft®, and ElementSM.
The Company boasts one of the industrys 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 also owns Starwood Vacation Ownership, Inc., a premier provider of
world-class vacation experiences through villa-style resorts and privileged access to Starwood
brands. For more information, please visit www.starwoodhotels.com.