Starwood 2012 Annual Report Download - page 105

Download and view the complete annual report

Please find page 105 of the 2012 Starwood annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 210

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210

International Hotels: Location Rooms
St. Regis Grand Hotel, Rome Rome, Italy 161
St. Regis Osaka Osaka, Japan 160
St. Regis Florence Florence, Italy 100
Park Tower, Buenos Aires Buenos Aires, Argentina 181
Hotel Alfonso XIII, Seville Seville, Spain 151
Hotel Imperial, Vienna Vienna, Austria 138
Hotel Maria Cristina, San Sebastian San Sebastian, Spain 136
Hotel Goldener Hirsch, Salzburg Salzburg, Austria 69
Hotel Gritti Palace, Venice Venice, Italy 90
W Barcelona Barcelona, Spain 473
W London – Leicester Square London, England 192
The Westin Resort & Spa Cancun Cancun, Mexico 379
The Westin Excelsior, Rome Rome, Italy 316
The Westin Resort & Spa, Puerto Vallarta Puerto Vallarta, Mexico 280
The Westin Denarau Island Resort Nadi, Fiji 273
The Westin Resort & Spa, Los Cabos Los Cabos, Mexico 243
The Westin Excelsior, Florence Florence, Italy 171
The Westin Dublin Dublin, Ireland 163
Sheraton Centre Toronto Hotel Toronto, Canada 1,377
Le Centre Sheraton Montreal Hotel Montreal, Canada 825
Sheraton Maria Isabel Hotel & Towers Mexico City, Mexico 755
Sheraton Buenos Aires Hotel & Convention Center Buenos Aires, Argentina 742
Sheraton on the Park Sydney, Australia 557
Sheraton Rio Hotel & Resort Rio de Janeiro, Brazil 542
Sheraton Gateway Hotel in Toronto International Airport Toronto, Canada 474
Sheraton Lima Hotel & Convention Center Lima, Peru 431
The Park Lane Hotel, London London, England 303
Sheraton Fiji Resort Nadi, Fiji 264
Sheraton Paris Airport Hotel & Conference Centre Paris, France 252
Sheraton Ambassador Hotel Monterrey, Mexico 229
Sheraton Diana Majestic Hotel, Milan Milan, Italy 106
Sheraton Santa Maria de El Paular Rascafria, Spain 44
Vacation Ownership and Residential Business
Our revenues and earnings are also derived from the development, ownership and operation of vacation
ownership resorts, marketing and selling VOIs in the resorts and providing financing to customers who purchase
such interests. Generally these resorts are marketed under our brand names. Additionally, our revenues and
earnings are derived from the development, marketing and selling of residential units at mixed use hotel projects
owned by us as well as fees earned from the marketing and selling of residential units at mixed use hotel projects
developed by third-party owners of hotels operated under our brands.
We develop, own and operate vacation ownership resorts, market and sell the VOIs in the resorts and, in
many cases, provide financing to customers who purchase such ownership interests. Owners of VOIs can trade
their interval for intervals at other Starwood vacation ownership resorts, intervals at certain vacation ownership
resorts not otherwise sponsored by Starwood through an exchange company, or for hotel stays at Starwood
properties. From time to time, we securitize the receivables generated from our sale of VOIs.
6