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White Plains, NY – May 7, 2009: Starwood Hotels & Resorts
Worldwide, Inc. (NYSE:HOT) celebrates a key milestone today with the opening of
the 25th Aloft® hotel worldwide – Aloft Arundel Mills in Hanover,
Maryland. With the global growth of the Aloft brand, Starwood continues to
progress on its journey to open its 1,000th hotel in 2009.
The Aloft brand debuted in Montreal in June 2008 and opened its first 17 hotels
by year end. In 2009, Aloft will grow to more than 40 hotels, opening one new
property every two weeks in markets like Phoenix, Denver, Austin, and
Washington, D.C. Aloft currently operates hotels in three countries –
Canada, China and the United States – and is poised to debut in the Middle East
this fall with the Aloft Abu Dhabi. The steady and strategic expansion of Aloft
has played a key role in driving Starwood’s growth. In 2009, Starwood
expects to add 80-100 new hotels across its nine distinctive and compelling
brands, while broadening its portfolio to include 100
countries.
“By focusing on opening the right properties in the right places with the right
partners, we expect Aloft to continue to systematically grow in key domestic
and international markets, even in the face of a weakened economy,” said Simon
Turner, President of Global Development for Starwood Hotels & Resorts
Worldwide, Inc. “Aloft has attracted growing numbers of owners and
developers, many of whom are developing multiple Aloft hotels, who appreciate
the brand’s innovation and design, as well as the power of the Starwood network
and its leading demand-driving programs like Starwood Preferred Guest®.”
With its loft-inspired rooms, atmospheric public spaces and electric social
scene, Aloft hotels are already earning guest satisfaction scores that rival
those of Starwood’s luxury hotel brands.
“The Aloft brand has successfully revolutionized the select service hotel
category by meeting the needs of today’s travelers,” said Brian McGuinness,
Senior Vice President, Specialty Select Brands, Starwood Hotels & Resorts
Worldwide, Inc. “With its emphasis on bringing boutique-style hotels to the
traveling masses by offering a four star experience at a three star price,
Aloft is rapidly gaining worldwide recognition as one of the industry’s most
compelling lifestyle brands.”
Aloft Arundel Mills offers 142 rooms in an ideal location, just outside the
Baltimore Beltway. A Vision of W Hotels, Aloft is a new destination sensation
featuring loft-inspired design, accessible and intuitive technology and a
stylish urban attitude. For more information on the Aloft brand, please visit
www.alofthotels.com.
About Starwood Hotels and Resorts Worldwide Inc.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and
leisure companies in the world with 960 properties in 97 countries and 145,000
employees at its owned and managed properties. Starwood Hotels is a fully
integrated owner, operator and franchisor of hotels, resorts and residences
with the following internationally renowned brands: St. Regis®, The Luxury
Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton,
and the recently launched Aloft®, and ElementSM. Starwood
Hotels also owns 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 or www.starwoodpressclub.com
