Starwood Hotels & Resorts Worldwide is a hotel and leisure company. Co.'s hotel business is focused on the global operation of hotels and resorts primarily in the luxury and upper upscale segments of the lodging industry. The vacation ownership and residential business acquires, develops and operates vacation ownership resorts, markets and sells vacation ownership interests and residential units, and provides financing to customers who purchase such interests. As of Dec 31 2015, Co.'s hotel business included 1,282 owned, managed or franchised hotels, while its vacation ownership and residential business included 15 stand-alone vacation ownership resorts and residential properties.

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