Starwood invests $200 million in Luxury Collection

21 January 2013

Having already restored the Hotel Alfonso XIII and Hotel Maria Cristina in Spain, Starwood's Luxury Collection Hotels & Resorts is set to benefit from further investment. The operator will devote approximately $200 million to the renovation of some of its most iconic and historic properties.

"As part of Starwood's strategy to strengthen our Luxury Collection brand portfolio and as the world's leader in luxury hospitality, we are making major investments to renovate and restore some of our most distinguished hotels," commented Roeland Vos, president, Starwood Hotels & Resorts, Europe, Africa and Middle East.

"The refurbishment of these legendary hotels allows us to continuously exceed guest experiences by offering unparalleled service and authentic experiences that reflect the local spirit of the destination."

The next hotels to be revamped will be The Gritti Palace in Venice and Prince de Galles in Paris, set for completion in 2013.

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