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Starwood Hotels agrees sale of Bliss spas for USD100m

Posted on: Wed, 04 Nov 2009 10:34:00 EST

Symbols: HOT, STNR

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The business will be purchased by Bahamas-based spa service
providerASteiner Leisure Limited (NASDAQ:STNR).

Following the sale Bliss and Remede spas and amenities will remain
exclusive to Starwood in the hotel category at W Hotels and St. Regis
Hotels respectively.

The deal is expected to be completed in the fourth quarter.

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For full details on Starwood Hotels & Resorts Worldwide Inc (HOT) HOT. Starwood Hotels & Resorts Worldwide Inc (HOT) has Short Term PowerRatings at TradingMarkets. Details on Starwood Hotels & Resorts Worldwide Inc (HOT) Short Term PowerRatings is available at This Link.

For full details on Steiner Leisure Limited (STNR) STNR. Steiner Leisure Limited (STNR) has Short Term PowerRatings at TradingMarkets. Details on Steiner Leisure Limited (STNR) Short Term PowerRatings is available at This Link.

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