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Starwood Hotels Completes Sale of Bliss Spas to Steiner Leisure for $100 Million

Starwood Hotels Completes Sale of Bliss Spas to Steiner Leisure for $100 Million

4 January 2010 Press Release Hotel News

Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that it has completed the sale of the Bliss spa and product company to Steiner Leisure Limited (Nasdaq:STNR) for $100 million. As part of the transaction, Bliss and Remède spas and amenities will remain exclusive to Starwood in the hotel category at W Hotels and St. Regis Hotels, respectively. Additionally, Starwood’s Aloft brand will continue to offer Bliss Tried+Blue amenities.