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8-K - LIVE FILING - STARWOOD HOTEL & RESORTS WORLDWIDE, INC | htm_48736.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 $250 MILLION
STAMFORD, Conn. (October 31, 2013) Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that the Companys share repurchase authorization has increased by an additional $250 million. As of October 30, 2013, the total amount available under the authorization is approximately $614 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 1,169 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 Element®. 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.