Today, Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), announced an agreement with Diamond Properties, LLC and Crestline Hotels & Resorts, Inc. to open the third Element Hotel in the Washington Metropolitan Area in Herndon, Virginia in the spring of 2010. Inspired by Westin Hotels & Resorts, Element Herndon will offer a new extended stay experience with inspiring public spaces, modern …

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