Distribution
Starwood Hotels & Resorts plans to open more than 40 new hotels across Europe during the next five years,
expanding its global portfolio nearly 30 percent,
the company announced Tuesday. Fourteen hotels are expected to open in Europe
in 2015, including five in Turkey. The company’s midmarket brands—Aloft, Four
Points by Sheraton and Element—lead the development with more than 15 European
hotels slated to open by 2017.