Restaurant Franchise Opportunities

Growth Oct, 01 2014

Starwood Hotels & Resorts Worldwide to relocate its headquarter from US to India in March

The company will relocate its global headquarters from the US to India in March 2015 for a month-long period as the company seeks to enhance its operations in India.

By Franchise India Bureau
Starwood Hotels & Resorts Worldwide to relocate its headquarter from US to India in March

Starwood Hotels & Resorts Worldwide Inc will shift its global headquarters from the US to India in March 2015 for a month-long period as the company seeks to enhance its operations in the country, reports PTI.

Starwood President & CEO Frits Van Paasschen and the company's top executives will split their time between Mumbai and Delhi, conducting day-to-day business from India which has immense potential for outbound travel, Starwood Hotels & Resorts Worldwide.

"We all know of India as a hotbed of technological innovation and global services. Coupled with the rise in entrepreneurship and investment, millions of people are joining its middle class every year. And, of course, this means millions of new travelers,” Paasschen said.

During the India tenure, the Starwood team will travel to cities throughout India to meet with associates, customers, owners and prospective developers, including cities such as Bangalore, Chennai, Pune, Hyderabad, and Kochi.

The team is also planning to travel to neighbouring countries like Nepal, Bhutan, Sri Lanka, Bangladesh and Maldives where it sees new growth opportunities unfold.

"With South Asia as our home base, we'll be within a five-hour flight from nearly 40 per cent of our global pipeline for new hotels," Paasschen added. Starwood Hotels & Resorts Worldwide Inc has nearly 1,200 properties in 100 countries, and 181,400 employees at its owned and managed properties. The group currently operates 40 hotels in India with another 36 hotels under development. 

Related: Gymkhana wins in London

Click Here to add Comment
Please add your Comment
Rating
NEWSLETTER SIGNUP

Submit your email address to receive the latest updates on news & host of opportunities.

Most

Video

Magazines & Books

Read the latest franchising magazines and books to get comprehensive and up-to-date information on leading franchise systems, trends and more.

BOS
Recommended For You
Newsletter Signup
Submit your email address to receive the latest updates on news & host of opportunities.
Restaurant India

Copyright © 2009 - 2016 Franchise India Holdings Ltd.

The information contained herein is of generic nature only, and Franchise India is not, by means of this website or any part thereof, rendering professional advice or services. Before making any decision or taking any action that might affect your finances or business, you should consult a qualified professional advisor. Your use of this website or any of its pages or links given, is at your own risk and you assume full responsibility and risk of loss resulting from your usage. With respect to use of the website, kindly visit www.franchiseindia.com/terms.