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International Capital Trading and Starwood Hotels & Resorts
to Add Second St. Regis Hotel in Abu Dhabi


The 281-room St. Regis Abu Dhabi will be Located on the Waterfront of Abu Dhabi’s Corniche

ABU DHABI, United Arab Emirates--April 19, 2010--Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) has extended its development pipeline in the Arabian Gulf with the announcement of a planned second St. Regis hotel in the capital of the United Arab Emirates. Owned by International Capital Trading (ICT), The St. Regis Abu Dhabi will be located on the celebrated Abu Dhabi waterfront offering extensive views of the Gulf’s spectacular azure waters in a location that is both central to the business district and directly on the Corniche. Located just a short drive from the recently opened F1 circuit, Ferrari museum, Gary Player-designed golf course and the Louvre, Guggenheim and Maritime museums, The St. Regis Abu Dhabi will provide guests an entrance into a captivating world of opulence offering a unique expression of its location.


The St. Regis Abu Dhabi will be located on the Corniche in downtown Abu Dhabi as part of Nation Towers, the iconic two-tower mixed-use development. Located at the top of one tower beginning at the 33rd floor, the hotel will feature 281 luxuriously appointed guest rooms, including 56 suites, signature restaurants, a destination bar, sky bridge restaurant, more than 4,800 square metres of ultra modern meeting and event space and over 3,000 square metres of dedicated health club facilities, including an outdoor swimming pool. Guests will also enjoy a beach club adjacent to the hotel, which will be operated by Starwood.

“We are proud to increase St. Regis’ presence in the Middle East with the signing of The St. Regis Abu Dhabi, offering the iconic luxury, unmatched privilege and bespoke services for which the St. Regis brand is renowned,” said Paul James, Global Brand Leader, St. Regis and The Luxury Collection Hotels & Resorts. “Truly one of the Gulf Region’s most desirable destinations, Abu Dhabi offers our guests a unique mix of world-class cultural institutions, year-round recreation opportunities, specialty shopping, and cuisine at one of the best addresses in the world.”

“The announcement of our second St. Regis in Abu Dhabi is another sign of Starwood’s commitment to developing all nine of its brands in key Middle Eastern destinations,” said Roeland Vos, President of Starwood Hotels & Resorts in Europe, Africa and Middle East. “We are honored to partner with ICT as we build on our existing footprint in Abu Dhabi with this prestigious addition to our portfolio of luxury hotels in the Middle East.”

Mr. Hamad Abdulla Al Shamsi, Chief Executive Officer of ICT said, “ICT is proud to partner with Starwood on this flagship development Nation Towers on the Corniche of Abu Dhabi. The signing marks another milestone for ICT who announced last year the award of the construction contract for the project. The combination of ICT’s prime location Nation Towers development together with the world class St. Regis brand will provide arguably a unique luxury hospitality experience in Abu Dhabi.”

Following in the tradition of the St. Regis brand’s legendary New York hotel, The St. Regis Abu Dhabi features the famed hallmarks of St. Regis hotels including the iconic St. Regis Butler Service, bespoke guest experiences and luxury accommodations tailored to global travelers. Trained in the English tradition, the butlers provide ever-present, yet unobtrusive service while anticipating guest needs and customizing each guest's stay according to his or her specific tastes and preferences.

As the market leader in the Middle East, Starwood currently operates close to 50 hotels throughout the region with more than 20 projects currently in development.

About St. Regis Hotels & Resorts

Combining classic sophistication and modern luxury, the St. Regis brand remains faithful to its commitment to excellence. Founded by John Jacob Astor IV, with the opening of the first St. Regis hotel in New York City over a century ago, The St. Regis brand of hotels is known for its unique luxury, customized service and refined elegance in the best destinations worldwide. Plans for the brand to globally continue its legacy include long-awaited St. Regis properties in Bahia Beach, Puerto Rico and Bal Harbour. In Latin America, the St. Regis brand will unveil new hotels and resorts in Buenos Aires, and the Riviera Maya. In Asia, the St. Regis brand has also announced plans to open properties in Bangkok, Chengdu, Kuala Lumpur, Lhasa, Nanjing, Osaka, Sanya Yalong Bay and Tianjin. In Africa and the Middle East, the St. Regis brand will continue to expand in Abu Dhabi, Cairo, Doha and Mauritius. The distinctive trait of the St. Regis experience is customized service and attention, coveted locations and luxurious design. For more information on St. Regis Hotels & Resorts please visit the new www.stregis.com.

About Starwood Hotels & Resorts Worldwide

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 1000 properties in nearly 100 countries and territories with 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.

About International Capital Trading

ICT is a private investment company based in Abu Dhabi. Its business activities include owning, developing and managing real estate as well as investing in a wide range of asset classes, ranging from equities and funds to direct investments and real estate.

For additional information please visit www.ict.ae.

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Contact:

Starwood Hotels & Resorts, EAME
Vanessa Glaesker, +32-2-204-5410
Vanessa.glaesker@starwoodhotels.com
or
Starwood Hotels & Resorts
Daniella Weinberg, 212-380-4005
Daniella.weinberg@starwoodhotels.com



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