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(From BusinessWorld (Philippines))
Byline: Jennee Grace U. Rubrico
The Starwood Hotels & Resorts Worldwide, outgoing operator of the Westin Philippine Plaza Hotel, is looking for other hotel management contracts as it prepares for its exit in one of the most profitable hotels in the Manila Bay area.
"Starwood will continue to explore opportunities to explore the Westin brand, as well as its other brands into the Philippines in the near future," the company said in a statement.
This, after Starwoods and Philippine Plaza Holdings, Inc. announced that they will no longer renew the management agreement for the Westin Philippine Plaza when it …