Categorized | Etcetera

Starwood sells Spa company…

Posted on 04 November 2009

Starwood Hotels and Resorts has agreed to sell its spa company, Bliss World Holdings, to Steiner Leisure for $100 million in cash. The transaction is expected to close on or before Dec. 31.  Bliss World Holdings operates Bliss and Remede spas at W and St. Regis hotels, respectively. In the hotel space, Bliss and Remede spas and amenities will remain exlusive to W and St. Regis. Bahamas-based Steiner Leisure offers spa services at 51 hotels and on 126 cruise ships.

Source: Travel Weekly

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