Westin Los Cabos

Starwood Hotels & Resorts To Spin Off  Starwood Vacation Ownership - “SVO”

STAMFORD, Conn., Feb 10, 2015 – Starwood Hotels & Resorts Worldwide, Inc. HOT, +6.28% today announced plans to spin-off its vacation ownership business, Starwood Vacation Ownership (“SVO”), into a separate publicly traded company. In addition to accelerating Starwood’s ongoing ‘Asset Light’