Law360, New York (September 2, 2014, 4:26 PM EDT) -- Starwood Hotels & Resorts Worldwide Inc. said Tuesday that it has inked a deal with a Chinese development company to bring Starwood's luxury flags to two new hotel and resort projects in the region, continuing the brisk pace of its expansion-through-branding agreements.
The deal with Hainan Jianfeng Tourism Development Co. Ltd. has Starwood adding its W Retreat & Spa flag and the St. Regis brand to two projects in the exclusive communities of Hainan Island's Haitang Bay, according to the company. Coming on the heels of several China-focused agreements, this deal marks Starwood's second St. Regis project on the island and...
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