Starwood Hotels & Resorts Worldwide, Inc., founded in 1995 and headquartered in Stamford, Connecticut, is a prominent hospitality company that operates, franchises, and licenses a broad portfolio of luxury and upscale hotels and resorts. The company is known for its distinctive brands including St. Regis, The Luxury Collection, Westin, and Sheraton, catering to a range of traveler preferences and expectations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| HOT 3.75% 2025-03-15 USDStarwood Hotels & Resorts Worldwide, Inc. | United States | 2025-03-15 | 3.750 | 3.76 |
| HOT 4.50% 2034-10-01 USDStarwood Hotels & Resorts Worldwide, Inc. | United States | 2034-10-01 | 4.500 | 5.55 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Starwood began issuing bonds in the late 1990s, with notable issuances including $1 billion in senior notes back in 2006 to support strategic initiatives. Following its acquisition by Marriott in 2016, the company’s bond structure saw integration into Marriott’s outstanding debt portfolio, which has led to varying yields, currently averaging around 3.5%, comparable to industry peers. Significant bond features include call provisions and a diversified maturity schedule, allowing for flexibility in managing future financial obligations. Recent news signals a focus on refinancing efforts to optimize their capital structure post-acquisition.