Business in the Burbs

Starwood unit to open luxury hotel in Malaysia

June

Starwood Hotels & Resorts Worldwide Inc. said today it has plans to open a hotel in Kuala Lumpur, Malaysia, under the hotelierâ€™s St. Regis brand.

The 200 room luxury hotel, which would also have 200 residences as well as restaurants and meeting halls, is scheduled to open in 2014, White Plains-based Starwood said.

Shares of Starwood were lower in late-afternoon trading, down $1.07, or 2.2 percent, to $47.18 a share.

This entry was posted on Tuesday, June 17th, 2008 at 2:50 pm by David Schepp. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Expansion, Franchise, Global, Hospitality, Tourism, Worldwide

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