From the International Hotel Investment Forum in Berlin, Starwood Hotels & Resorts Worldwide, Inc. HOT today announced that it will open 50 hotels in Europe, Africa and the Middle East over the next three to five years.
With growth fueled by demand for its design-led and luxury brands, the company will unveil 12 of these hotels in the region this year alone. Globally, Starwood expects to open 70-80 hotels in 2011 as it continues to strengthen its lead as the world's largest operator of luxury and upper upscale hotels.
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