Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Is Starwood's Executive Move a Good Thing?

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Today, Fool contributor Matt Thalman discusses the recent change that Starwood Hotels & Resorts (NYSE: HOT  ) made to their global headquarters, and how that may impact the company in the future.

Recently, Starwood moved its top management team to Dubai for one month. While, at first, this may sound crazy, Starwood's top brass performed a similar move in 2011 when they went to China for one month.

With a massive amount of potential hotel growth in China, Latin America, and the Middle East, these moves allow management to learn about the area and culture, and experience some of the pitfalls of doing business in a different region of the world on a first-hand basis. These experiences, and this style of learning, will give the team insight and knowledge which they would have never learned if they had remained in their cushy offices and board rooms in Connecticut.

Starwood is rapidly growing, and the company has more than 80% of its future hotels opening outside the United States. This should allow the company to capitalize on the strength of the world economy and, perhaps, become the most dominate player in the industry.

Profiting from our increasingly global economy can be as easy as investing in your own backyard. The Motley Fool's free report, "3 American Companies Set to Dominate the World," shows you how. Click here to get your free copy before it's gone.

Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2337999, ~/Articles/ArticleHandler.aspx, 10/1/2016 8:19:45 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 11 hours ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:05 PM
HOT $0.00 Down +0.00 +0.00%
Starwood Hotels an… CAPS Rating: **