Topic: Starwood Hotels and Resorts Worldwide
Both Starwood and Marriott have secured permission to open and develop properties in Cuba.
The company received approval to open three properties later this year.
The 16,178-square-foot penthouse was inspired by Jaffa’s historical heritage.
The hotel will be part of The Palm Tower, a mixed-use development located in Palm Jumeirah island.
Take a look at the upcoming Le Méridien Visconti Rome, slated to open later this year.
Starwood has 19 hotels valued at about $800 million left to sell, CEO Tom Mangas said.
Starwood, Marriott and Hyatt released their Q4 and FY 2015 earnings reports today.