Steiner Leisure News

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

4th Jan 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 Rem├Ęde 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.