News: Starwood relocates global headquarters to Dubai
Starwood Hotels & Resorts Worldwide, Inc. today announced the start of a month-long relocation of its global headquarters from Stamford, CT to Dubai. From now until April 5th, Starwood President & CEO Frits van Paasschen and the company’s top executives will conduct day-to-day business from Dubai, an increasingly important global destination and travel hub. Following the company’s successful relocation to China in June 2011, this second leadership move reflects Starwood’s innovative management method to cultivating a more global culture by understanding, appreciating and leveraging different societal perspectives and approaches to business and hospitality. “With 80 percent of Starwood’s pipeline coming from rapidly growing markets, it truly is simply impossible to steer a really global business from a boardroom in Connecticut,” said van Paasschen. “Rising wealth and ever greater global connectivity...
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