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Starwood Hotels And Resorts
Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. It was acquired by Marriott International in 2016. Starwood had 11 brands and owned, managed, or franchised 1,297 properties comprising 370,000 hotel rooms in approximately 100 countries. Starwood was founded in 1969 as a real estate investment trust. In 1995, it was acquired and reorganized by Barry Sternlicht, who was its chairman until 2005 and founder of the Starwood Capital Group. The company had a business partnership with American Express and a loyalty program. History Starwood Hotels and Resorts was originally formed by the real estate investment firm Starwood Capital to take advantage of a tax break; at the time the company was known as Starwood Lodging. Initially, Starwood Lodging owned a number of hotels throughout North America, all under different brand names. The Westin H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westin Hotel
Westin Hotels & Resorts is an American upscale hotel chain owned by Marriott International. , the Westin Brand has 226 properties with 82,608 rooms in multiple countries in addition to 58 hotels with 15,741 rooms in the pipeline. History Western Hotels In 1930, Severt W. Thurston and Frank Dupar of Seattle, Washington met unexpectedly during breakfast at the coffee shop of the Commercial Hotel in Yakima, Washington. The competing hotel owners decided to form a management company to handle all their properties, and help deal with the crippling effects of the ongoing Great Depression. The men invited Peter and Adolph Schmidt, who operated five hotels in the Puget Sound area, to join them, and together they established Western Hotels. The chain consisted of 17 properties – 16 in Washington (state), Washington and one in Boise, Idaho. Its headquarters and executive offices were located in its flagship property, the New Washington Hotel in Seattle. Western Hotels expanded to Vanco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cork (city)
Cork ( , from , meaning 'marsh') is the second largest city in Ireland and third largest city by population on the island of Ireland. It is located in the south-west of Ireland, in the province of Munster. Following an extension to the city's boundary in 2019, its population is over 222,000. The city centre is an island positioned between two channels of the River Lee which meet downstream at the eastern end of the city centre, where the quays and docks along the river lead outwards towards Lough Mahon and Cork Harbour, one of the largest natural harbours in the world. Originally a monastic settlement, Cork was expanded by Viking invaders around 915. Its charter was granted by Prince John in 1185. Cork city was once fully walled, and the remnants of the old medieval town centre can be found around South and North Main streets. The city's cognomen of "the rebel city" originates in its support for the Yorkist cause in the Wars of the Roses. Corkonians sometimes refer to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
St Thomas, Ontario
St. Thomas is a city in southwestern Ontario, Canada. It gained its city charter on March 4, 1881. The city is also the seat for Elgin County, although it is independent of the county. At the time of the 2021 Census, the population of the city was 42,918. History The city, located at the intersection of two historical roads, was first settled in 1810. It was named the seat of the new Elgin County in 1844 and was incorporated as a village in 1852, then as a town in 1861. In 1881 St. Thomas became a city. It was named after Thomas Talbot who helped promote the development of this region during the early 19th century. The founder of the settlement that became St. Thomas was Capt. Daniel Rapelje, descendant of a Walloon family settled in New Amsterdam, now New York City, at its inception in the seventeenth century. In 1820, Rapelje, the town's first settler, divided his land into town lots suitable for a village. Owner of the New England Mill, Rapelje subsequently donated two acr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fall River, Massachusetts
Fall River is a city in Bristol County, Massachusetts, United States. The City of Fall River's population was 94,000 at the 2020 United States Census, making it the tenth-largest city in the state. Located along the eastern shore of Mount Hope Bay at the mouth of the Taunton River, the city became famous during the 19th century as the leading textile manufacturing center in the United States. While the textile industry has long since moved on, its impact on the city's culture and landscape is still prominent. Fall River's official motto is "We'll Try", dating back to the aftermath of the Great Fire of 1843. Nicknamed The Scholarship City after Irving Fradkin founded Dollars for Scholars there in 1958, mayor Jasiel Correia introduced the "Make It Here" slogan as part of a citywide rebranding effort in 2017. Fall River is known for the Lizzie Borden case, the Fall River cult murders, Portuguese culture, its numerous 19th-century textile mills and Battleship Cove, home of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austin, Texas
Austin is the capital city of the U.S. state of Texas, as well as the county seat, seat and largest city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and Williamson County, Texas, Williamson counties. Incorporated on December 27, 1839, it is the List of United States cities by population, 11th-most-populous city in the United States, the List of cities in Texas by population, fourth-most-populous city in Texas, the List of capitals in the United States, second-most-populous state capital city, and the most populous state capital that is not also the most populous city in its state. It has been one of the fastest growing large cities in the United States since 2010. Downtown Austin and Downtown San Antonio are approximately apart, and both fall along the Interstate 35 corridor. Some observers believe that the two regions may some day form a new "metroplex" similar to Dallas–Fort Worth metroplex, Dallas and Fort Worth. Austin i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wichita, Kansas
Wichita ( ) is the largest city in the U.S. state of Kansas and the county seat of Sedgwick County, Kansas, Sedgwick County. As of the 2020 United States census, 2020 census, the population of the city was 397,532. The Wichita metro area had a population of 647,610 in 2020. It is located in south-central Kansas on the Arkansas River. Wichita began as a trading post on the Chisholm Trail in the 1860s and was incorporated as a city in 1870. It became a destination for Cattle drives in the United States, cattle drives traveling north from Texas to Kansas railroads, earning it the nickname "Cowtown".Miner, Prof. Craig (Wichita State Univ. Dept. of History), ''Wichita: The Magic City'', Wichita Historical Museum Association, Wichita, KS, 1988Howell, Angela and Peg Vines, ''The Insider's Guide to Wichita'', Wichita Eagle & Beacon Publishing, Wichita, KS, 1995 Wyatt Earp served as a police officer in Wichita for around one year before going to Dodge City, Kansas, Dodge City. In the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frits Van Paasschen
Frits D. van Paasschen (born 1961, The Netherlands) is the former chief executive officer of Starwood and formerly an executive with Coors Brewing Company. Education Van Paasschen holds a Bachelor of Arts Degree in Economics and Biology from Amherst College in Massachusetts and MBA from Harvard Business School. Career Van Paasschen served as the President and Chief Executive Officer of Starwood from September 2007 until February 2015. He served as President and Chief Executive Officer of Coors Brewing Company from March 29, 2005 to August 31, 2007. Previously, he served as Corporate Vice President and General Manager of Europe, Middle East and Africa of Nike Inc. from 2000 to 2004. van Paasschen served as vice president and general manager of Canada, Latin America and Africa of Nike Inc. from 1998 to 2000 and served as its Vice President of Global Strategic Planning from 1998. Earlier in his career, and beginning in 1983, he served in various management positions with Boston Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franchising
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. In return, the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a franchise agreement. The word ''franchise'' is of Anglo-French derivation—from , meaning 'free'—and is used both as a noun and as a (transitive) verb. For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth strategy for the sale and distribution of goods and services minimizes the franchisor's capital investment and liability risk. Franchising is rarely an equal partnership, especially in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Le Méridien
Le Méridien is an upscale, design-focused international hotel brand with a European perspective. It was originally founded by Air France in 1972 and was later based in the United Kingdom. Marriott International now owns the chain. As of June 2021, it had a portfolio of 109 open hotels with 29,439 rooms and a pipeline of 37 hotels with 9,585 upcoming rooms. History Air France established Meridien Hotels in 1972. The chain's hotels offered accommodation for Air France flight crews in major hub cities, and the airline promoted the chain and handled reservations for it. The first Meridien Hotels property was a 1,000-room hotel in the heart of Paris, the Hotel Meridien Paris, today known as Le Méridien Etoile. The chain grew to 10 hotels in Europe and Africa within two years and had 21 hotels spanning the globe within six years. In 1994, as part of a cost-cutting measure, Air France sold its controlling interest in Meridien Hotels Inc., a 57.3% stake, to the UK-based Forte Group ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Travel
Business travel is travel undertaken for work or business purposes, as opposed to other types of travel, such as for leisure purposes or regularly commuting between one's home and workplace. According to a survey, 88% small business owners enjoy business travel. Jobs involving business travel In the twenty-first century, many jobs involve periodic or frequent business travel. Common careers involving business travel include: * Salespeople * Sales engineers * Executives * Field engineers * Project managers * Trainers * Consultants Additionally, it is common to see doctors, nurses, and other medical professionals flying for work. Often lawyers, politicians, athletes, clergy, military, academics, and journalists conduct business travel on a regular basis. Negatives to business travel Employees who travel for work on a regular basis often experience loneliness, depression, and reduced mental health. In 2019, 1 in 5 business travelers reported business travel negatively affect ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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