Starwood Takes Westin to Dominican Republic

In collaboration with Grupo Pontianak, a developer of major resorts, Starwood Hotels & Resorts Worldwide, Inc. (HOT) recently unveiled Puntacana Resort & Club in the Caribbean area under its Westin brand. This particular marks the entry of the brand in the Dominican Republic and is the particular sixth Westin resort in the Carribbean.

Located near the Punta Cana International Airport, the resort functions 200 rooms and suites while offering other amenities like an outdoor swimming pool, bar, spa, a fitness center and Westin brand’s signature menu. The particular strategic positioning of the hotel coupled with the scenic beauty will likely build a strong guest base, going ahead. Also, these factors justify the particular company’s decision to expand in the area.

This is not the first time that the company is working with Grupo Pontianak. Earlier, the two collaborated for the 4 Points brand by Sheraton Puntacana Village Hotel, which was opened in 2012.

Westin brand includes a solid global footprint and offers more than 50 resorts around the world. Lately, the brand unveiled a resort in Portland, Maine. This resort is a strategic renovation of a milestone property in the heart of the city. The company spent $50 million to renovate the existing hotel to Westin Portland Harborview.

Starwood is comprehensively working on its possessions to offer an advanced and customized traveling experience to its guests. Apart from new hotel openings, the company is also trying to augment guest satisfaction and gain a better foothold in the industry through brand conversion and remodeling.

Starwood Hotels presently includes a short-term Zacks Rank #2 (Buy). Some other stocks worth considering in the resort industry include Home Inns & Hotels Management Inc. (HMIN), Hyatt Hotels Corporation (H) and Wyndham Worldwide Corporation (WYN). While Home Inns & Resorts and Hyatt Hotels carry a Zacks Rank # 1 (Strong Buy), Wyndham Worldwide holds a Zacks Rank #2.

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In collaboration with Grupo Pontianak, a developer of resorts, Starwood Hotels & Resorts Worldwide, Inc. (HOT) lately unveiled Puntacana Resort & Golf club in the Caribbean region under the Westin brand. This marks the particular entry of the brand in the Dominican Republic and is the sixth Westin resort in the Caribbean.

Located near the Punta Cana Airport terminal, the resort features 200 areas and suites and offers other amenities like an outdoor pool, bar, spa, a fitness center and Westin brand’s signature menu. The strategic placing of the hotel coupled with the scenic beauty will likely create a strong visitor base, going ahead. Also, these types of factors justify the company’s choice to expand in the region.

This is not the first time that the company is certainly working with Grupo Pontianak. Earlier, both collaborated for the Four Points brand by Sheraton Puntacana Village Hotel, which was opened in 2012.

Westin brand has a solid worldwide footprint and boasts more than 50 resorts around the world. Recently, the brand unveiled a hotel in Portland, Maine. This hotel is a proper renovation of a landmark property in the heart of the city. The company spent $50 million to renovate the existing hotel to Westin Portland Harborview.

Starwood is thoroughly working on its assets to offer an advanced and customized travel experience to its guests. Besides new resort openings, the company is also trying to enhance guest satisfaction and gain a better foothold in the industry through brand transformation and remodeling.

Starwood Hotels presently has a short-term Zacks Rank #2 (Buy). Some other stocks worth considering in the hotel industry consist of Home Inns & Hotels Management Inc. (HMIN), Hyatt Resorts Corporation (H) and Wyndham Worldwide Company (WYN). While Home Inns & Hotels and Hyatt Hotels carry a Zacks Rank # 1 (Strong Buy), Wyndham Worldwide holds a Zacks Rank #2.

Read the Full Study Report on HOT
Look at the Full Research Report on WYN
Read the Full Research Report on H
Read the Full Research Report on HMIN

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