Tuesday, November 3, 2009

Starwood Hotels Signs an Agreement to Sell Bliss Spas to Steiner Leisure for $100 Million

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Nov. 2, 2009-- Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that the company has signed an agreement to sell the Bliss spa and product company to Steiner Leisure Limited (Nasdaq:STNR) for $100 million. As part of the transaction, Bliss and Remede spas and amenities will remain exclusive to Starwood in the hotel category at W Hotels and St. Regis Hotels respectively

Read more: