Starwood Hotels & Resorts Worldwide, Inc. announced that it has reached a historic milestone with 103 hotels open and in operation in Greater China. The luxury hotelier also announced it has 100 signed hotel deals in “its pipeline." "Our celebration of our more than 100 hotels in operation and 100 hotels in the pipeline marks another significant milestone for Starwood's growth and development in China, as we double our footprint in the region," said Vasant Prabhu, vice chairman and CFO of Starwood Hotels & Resorts Worldwide, Inc. "Our success in China reflects our first mover advantage, the strength of our brands and the entrusted partnerships we have fostered with our developers, partners, and guests since our first landmark debut with The Great Wall Sheraton Hotel in Beijing in 1985." Starwood has opened 11 hotels in 2012 and expects to open 13 more by the year’s end.
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