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Starwood to Open More Than 70 Hotels in the Next Two Years

Most Robust Pipeline in Company's History

Press Release: Starwood Hotels & Resorts Worldwide, Inc.
February 23, 2005
WHITE PLAINS, NY -- From Morocco to the Maldives and China to Chile, Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) will open more than 70 new hotels in 2005 and 2006 in choice destinations around the globe. Nearly half of these new hotels are outside of the United States, marking an exciting period of global development for the hotel giant.

"Our development momentum continues to be strong and we've won more than our share of hotel deals," said Steven J. Heyer, Starwood's Chief Executive Officer. "Our W and St. Regis brands are very sought after by the development community and Westin was actually the world's fastest growing upper upscale brand in 2004 and is a terrific growth vehicle with lots of opportunities abroad. Sheraton is perhaps the most global brand in its category and its international pipeline is quite robust, particularly in China which is the hottest hotel market on the globe. Our moderately-priced Four Points by Sheraton brand still has plenty of room to grow both in the United States and abroad and we continue to aggressively expand the brand."

New hotels scheduled to open in 2005 and 2006 include:

St. Regis/The Luxury Collection

Westin Hotels & Resorts

W Hotels

Sheraton Hotels

Four Points by Sheraton

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 750 properties in more than 80 countries and 110,000 employees at its owned and managed properties. With internationally renowned brands, Starwood is a fully integrated owner, operator and franchisor of hotels and resorts including: St. Regis, The Luxury Collection, Sheraton, Westin, Four Points by Sheraton, W brands, as well as Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwoodhotels.com.

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Contact: 
     Starwood Hotels & Resorts Worldwide, Inc.
     Mark Ricci, 914-640-8496
     mark.ricci@starwoodhotels.com


Source: Starwood Hotels & Resorts Worldwide, Inc.