<div id="subtitle">Starwood Hotels to open 2 new upscale hotels in China under Luxury Collection brand</div><div><p>Starwood Hotels & Resorts Worldwide Inc. said it plans to open two luxury hotels in China in the next two years.</p><p>The hotel chain, based in White Plains, N.Y., said plans to reopen its renovated The Astor Hotel in May in Tianjin after spending $22 million to redo the 152-room hotel. It plans to open The Malus Sanya, a newly constructed 160-room resort in Sanya, in late 2012.</p><p>Both hotels will be part of the company's Luxury Collection brand, which includes 70 resorts and high-end hotels in 30 countries around the globe.</p><p>Starwood shares rose 87 cents, or 2.3 percent, to $39.24 in midday trading Thursday.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=66907542&bid=informcom" /></div><div id="copyright"><div>

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