News for the Hospitality Executive
Westin Hotels Opening Six Hotels in Six Weeks
WHITE PLAINS, N.Y. - Nov. 19, 2009-- Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announces the opening of six new Westin hotels the remaining six weeks of the year. The upcoming openings underscore the Westin brand’s focus on international expansion and will include locations in India: The Westin Hyderabad Mindspace, The Westin Mumbai Garden City and The Westin Pune Koregaon Park; China: The Westin Tianjin; and the United States: The Westin Washington Dulles Airport and The Westin Lake Mary, Orlando North.
“Even during these challenging economic times, Starwood Hotels & Resorts continues to open best-in-class Westin hotels around the world by working with our proven development partners,” said Simon Turner, President of Global Development for Starwood Hotels & Resorts. “With its diverse growth plan and reputation for quality among consumers and developers, the Westin brand is poised for long-term success in both established and emerging destinations around the world.”
Building on the six remaining properties in 2009, the Westin brand will continue its meaningful international expansion in 2010. Next year’s 12 openings span Canada, China, Greece, Japan, India, Mexico and the United States.
“The Westin brand is at a pivotal point in its life cycle, with an unprecedented opportunity for international growth,” said Nancy London, Vice President of Westin Hotels. “Today, 111 of our 163 existing hotels are in North America. But looking ahead, we will see a seismic shift in this number with 70 percent of the pipeline located outside the United States in markets throughout Asia and the Middle East. As secular changes create more business and leisure travel to and from these emerging markets, it is critical that we establish a leading presence there today to ensure the success of the Westin brand tomorrow.”
The Westin Hyderabad Mindspace
The Westin Washington Dulles Airport
Westin Washington Dulles Airport
2520 Wasser Terrace
Herndon, Virginia 20171
The Westin Pune Koregaon Park
The Westin Pune Koregaon Park will offer 277 guest rooms and suites as well as WestinWORKOUT® guest rooms for travelers who prefer to exercise in the privacy of their room. The hotel will features three restaurants including Prego, a classic Italian restaurant and Kangan, an Indian specialty restaurant. The hotel will also feature a WestinWORKOUT® fitness center, outdoor pool and Heavenly Spa by Westin™.
The Westin Lake Mary, Orlando North
The Westin Mumbai Garden City
The Westin Tianjin
About Starwood Hotels & Resorts Worldwide, Inc.
Note: This press release contains forward-looking statements within the meaning of federal securities regulations. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties and other factors that may cause actual results to differ materially from those anticipated at the time the forward-looking statements are made. Further results, performance and achievements may be affected by general economic conditions, including the duration and severity of any global or regional economic downturns, the availability of financing alternatives at acceptable terms, the impact of war and terrorist activity, business and financing conditions, foreign exchange fluctuations, cyclicality of the real estate (including residential) and the hotel and vacation ownership businesses, operating risks associated with the hotel, vacation ownership and residential businesses. These risks and uncertainties are presented in detail in our filings with the Securities and Exchange Commission. Further, there can be no assurance that agreements will be entered into for the hotels in the Company’s pipeline and, if entered into, the timing of any agreement and the opening of the related hotel. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that results will not materially differ. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Starwood Hotels & Resorts Worldwide Inc.