Starwood Hotels & Resorts

Travel & Transportation accommodation hotels leisure luxury resorts vacation

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world. Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton, Aloft®, and Element®. The Company boasts one of the industry’s leading loyalty programs, Starwood Preferred Guest (SPG®), allowing members to earn and redeem points for room stays, room upgrades and flights, with no blackout dates. Starwood Hotels & Resorts was acquired by Marriott International on November 15, 2015.

Type

Subsidiary

Parent Company

Marriott International

Stamford, US

Founded

1969

Website

starwoodhotels.com

Starwood Hotels & Resorts was founded in 1969 and is headquartered in Stamford, US

Starwood Hotels & Resorts Office Locations

Starwood Hotels & Resorts has offices in Stamford, San Francisco, Scottsdale, Lexington and in 196 other locations

Stamford, US (HQ)

One Star Point

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Starwood Hotels & Resorts Data and Metrics

Starwood Hotels & Resorts Summary

Founding Date	1969

Starwood Hotels & Resorts is a subsidiary of Marriott International

Starwood Hotels & Resorts Financial Metrics

Starwood Hotels & Resorts's revenue was reported to be $5.8 b in FY, 2015 which is a 4% decrease from the previous period.

Income Statement

USD	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015
Revenue	5.6 b	6.3 b	6.1 b	6 b	5.8 b
Revenue growth, %		12%	(3%)	(2%)	(4%)
EBIT			925 m	883 m	740 m
EBIT margin, %			15%	15%	13%
Net Income			635 m	3.4 m	2.9 m

Source: SEC Filings

Balance Sheet

USD	Y, 2010	Y, 2011	Y, 2012	FY, 2013	FY, 2014	FY, 2015
Cash	753 m	454 m	305 m	616 m	935 m	1 b
Inventories				217 m	236 m	319 m
Current Assets				2 b	2.3 b	2.3 b
Goodwill				2 b	2 b	1.9 b
Total Assets				8.8 b	8.7 b	8.3 b
Accounts Payable				105 m	101 m	98 m
Total Debt				1.3 b	2.4 b	2.2 b
Current Liabilities				1.9 b	2.5 b	2.2 b
Additional Paid-in Capital				661 m	47 m	115 m
Retained Earnings				3 b	2 b	1.8 b
Total Equity				3.4 b	1.5 b	1.3 b
Debt to Equity Ratio				0.4 x	1.6 x	1.7 x
Debt to Assets Ratio				0.1 x	0.3 x	0.3 x
Financial Leverage				2.6 x	5.7 x	6.4 x

Cash Flow

USD	FY, 2013	FY, 2014	FY, 2015
Net Income	635 m	3.4 m	2.9 m
Accounts Receivable	(42 m)	(8 m)	(36 m)
Inventories	156 m	22 m	(69 m)
Accounts Payable	10 m	233 m	102 m
Dividends Paid	(256 m)	(735 m)	(259 m)
Interest Paid	68 m	74 m	111 m
Income Taxes Paid	130 m	141 m	119 m