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Westin was the first hotel chain to introduce guest credit cards (in 1946), 24-hour room service (1969), and personal voice mail in each room (1991). [20] In 1999, Westin began selling the Heavenly Bed mattresses featured in Westin properties, and manufactured by Simmons Bedding Company, to the general public.
The pocketed coil is the basis for the Simmons Beautyrest mattress brand, which was introduced in 1925. [6] Although the new manufacturing technology greatly reduced its cost, at the time of its introduction a Beautyrest mattress sold for $39.50, three to four times more than the typical price for a standard wire mattress. [7]
In 1925, Simmons produced the Beautyrest mattress, for which the company is best known. It was sold at three to four times the cost of wire mattresses at the time for $39.50 (equivalent to $686 in 2023) and four years later had sold more than $9 million (equivalent to $159,697,674 in 2023) of the mattresses.
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Sternlicht's innovations included W Hotels and the Westin Heavenly Bed. [21] The bed was modeled after the bed in Sternlicht's home. [22] Barry Sternlicht also makes venture investments out of his family office, JAWS Capital - which has also engaged in three separate SPACs. [23] [24]
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