Starwood Ranked as a Leading Company for Diversity

Starwood Hotels & Resorts Worldwide, Inc. has been named one of DiversityInc's Top 50 Companies for Diversity for 2008. This marks the 5th year that Starwood is featured on the respected list, and was chosen because of "its dedication to creating an environment of inclusion and diversity for its customers and more than 155,000 associates worldwide."

A total of 352 companies competed in the DiversityInc rankings this year, up 10 percent from last year and up 100 percent since 2003. The annual competition, now in its eighth year, is an editorial process, driven by metrics obtained in a detailed survey sent to participants. Top 50 companies demonstrate consistent strength in four areas: CEO Commitment, Human Capital, Corporate and Organizational Communications, and Supplier Diversity.

"Top 50 companies have clarity of their absolute values of human dignity, demonstrating a global adherence to these core beliefs," said Luke Visconti, partner and co-founder of DiversityInc. "These sustainable values drive margin."

Some recent highlights of Starwood's diversity success' include a successful supplier diversity program and stronger relationships with minority students perusing careers in hospitality. Starwood has increased the number and dollar amount of scholarships offered to minority college students as well as their involvement in key organizations supporting students interested in hospitality at the high-school level. The company has also strengthened its supplier diversity program with significant increases in the reach to growing diverse population segments connected to the program (LGBT, veterans, persons with disabilities and others) while at the same time increasing the total dollars spent with minority owned businesses.