“Our journey has just begun,” said Sternlicht, founder and chairman of Starwood Hotels and chairman of Starwood Capital Group. “As we embrace bold ideas, expand into new markets, and continue to reinvent the hospitality landscape, we hope to build a legacy that will inspire future generations. The best is yet to come.”
Sternlict added, “Reintroducing the Starwood Hotels name is personally very exciting for me. It’s a tribute to a legacy that millions of people know and trust—and it comes at a decisive moment in our company’s history. Over the past decade, SH Hotels & Resorts has built three extraordinary brands, including the mission-driven 1 Hotels, which demonstrates how guests can live a luxurious, sustainable life without sacrifice. I didn’t want to do another typical hotel brand after W. The world doesn’t need another brand, it needs a better 1. By reviving the Starwood Hotels name, we aim to marry this trusted legacy of youth, innovation, and guest focus with our modern, tech-enabled, personalized approach to hospitality. As we take this next step, we’re doubling down on our mission to inspire, innovate, and make a difference—for our guests, our partners, and the planet.”
At ALIS in late January, now Starwood Hotels CEO Raul Leal told Hotel Investment Today, “We’re going to be looking for opportunities to help grow the new Starwood platform all over the world… We have the capital to be able to do deals, and we’ll be out there looking to grow this thing. It may not be Starwood 1.0, but we certainly respect the legacy of Starwood 1.0 and want to build on that.”
Today’s Starwood pipeline includes the debut of flagship properties in Tokyo, Melbourne, and Copenhagen, as well as further expansion into new markets such as the Middle East and Southern Europe.
The 1 Hotels brand launched in 2015 will open properties this year in Seattle, Melbourne (including 114 residences), Copenhagen and Tokyo. Openings beyond 2025 include Cabo San Lucas, Mexico, Paris, Elounda Hills in Crete, Austin, Texas, Riyadh, and San Miguel de Allende, Mexico.
The luxury Baccarat Hotels brand with a flagship in New York City is expanding in the coming years to Rome, Florence, Riyadh, Dubai, and the Maldives. No opening dates have been given.
Treehouse Hotels, the newest of Starwood’s three brands with a flagship property in central London, is expanding to Manchester, England, and the Silicon Valley in California this spring. Additional hotels in the pipeline include Adelaide, Australia, Riyadh, and Miami’s Brickell neighborhood.
Several branded residences are also in development to add to 1 Homes South Beach and Baccarat Residences New York. Upcoming Baccarat Residences will complement hotel openings in Dubai, the Maldives, and Riyadh, while new 1 Homes locations are launching alongside hotels in Melbourne (debuting this year), Crete, and San Miguel de Allende. Baccarat Brickell is planned as a standalone development.