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Starwood Vacation Ownership to add to portfolio

Wednesday 19 July 2006 17:10
St Regis New York hotel

Starwood Vacation Ownership (SVO) is adding more than 1,600 timeshare villas to its portfolio, boosting its grand total to more than 6,000.

Villas are being added at the St Regis Residence Club in Punta Mita, Mexico, and within the St Regis New York hotel.

Eleven separate villa developments are also under construction or planned and will operate under the Westin Resort and Sheraton brands in areas including Hawaii; St John, Virgin Islands; and Phoenix, Arizona.

Starwood to sell $4b worth of assets >>

Vongerichten to develop new restaurant concept with Starwood >>

Starwood launches extended-stay apartment brand >>

Sheraton Park Lane could be UK's first W >>

Timeshares are a-changin' >>

By Alix Young

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