Wednesday 9 May 2012

Hotel group books in for Gulf expansion - FT.com

Frits van Paasschen, chief executive of Starwood Hotels & Resorts, will need his sunglasses for his next relocation.
Mr Paasschen, together with more than a dozen of the US company’s executives, will be based in Dubai for a month next year, a far cry from the company’s headquarters in Stamford, Connecticut. The team will hope to get to grips with Starwood’s ambitious goals in the Middle East, where it plans to expand its business 60 per cent in the coming five years.

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