ORLANDO, Fla.- Nov. 7, 2000 -- Starwood Vacation Ownership, Inc. is
pleased to announce its newest Westin-branded vacation ownership resort
at the acclaimed Westin Mission Hills Resort in Rancho Mirage, California.
Overlooking the Pete Dye Golf Course, Westin Mission Hills Resort Villas
is adjacent to the hotel and offers its owners and guests full access to
the multiple swimming pools, fitness center and spa, restaurants and recreational
facilities of the Westin Mission Hills Resort.
�Brands such as Sheraton and Westin will have a major impact on the
future growth of the vacation ownership industry. Industry trends show
that brands are an important component of the decision making process and
we believe that there is a significant market for a Westin-branded vacation
ownership product,� said Raymond L. �Rip� Gellein, Jr., chairman and chief
executive officer of Starwood Vacation Ownership, Inc.
The Westin Mission Hills Resort Villas
will begin presales later this year. The 158 villa resort is located on
nearly 20 acres adjacent to the hotel overlooking the Pete Dye Golf Course
and offers guests the combination of first class accommodations in a spectacular
setting. The interiors feature soothing desert colors with jewel tones.
The furniture is traditional with a cutting edge attitude to create simple
elegance and modern casual comfort.
Each villa comes with the luxuries of a well appointed home including
a fully-equipped kitchen, living and dining room, televisions in each of
the private bedrooms, a fireplace in the master bedroom, a large whirlpool
tub in the master suite, private balcony and a television and stereo system
in the living room. No details have been overlooked including ceiling fans,
black out draperies in the bedrooms, stone kitchens and baths as well as
multiple showerheads in the large walk-in shower.
�This resort is the perfect complement to the existing features of the
Westin Mission Hills. Our owners and guests will have full access to all
the amenities at the resort including the two championship golf courses,
fitness center and spa and the Westin Kids Club. We are extremely excited
to add this resort to our other Starwood Vacation Ownership Resorts,� said
Gellein.
Those guests and owners who choose to use the Westin Mission Hills Resort
Villas� amenities will enjoy the �oasis� theme carried throughout the property
with dramatic water features. One of the |
Vistana, Inc., a leading developer
and operator of high quality vacation ownership resorts changed its name
to Starwood Vacation Ownership, Inc. on July 24, 2000. The Company is a
wholly-owned subsidiary of Starwood Hotels & Resorts Worldwide, Inc.
(NYSE:HOT), one of the world�s largest hotel and leisure companies.
The Company�s principal operations
consist of acquiring, developing, and operating vacation ownership resorts,
marketing and selling vacation ownership interests (VOIs) in its resorts
(which typically entitle the buyer to the ownership of a fully-furnished
unit for a one-week period on an annual or alternate year basis), and providing
financing to customers who purchase VOIs at its resorts. Starwood Vacation
Ownership, Inc. also furnishes management, operations, maintenance, and
telecommunications services at its resorts and provides telecommunications
services to other customers.
Starwood is currently the second
largest vacation ownership developer among the major hospitality companies
with nearly 100,000 owners and one dozen resorts. Starwood plans
to add to its portfolio of Westin-branded vacation ownership properties
by developing resorts at the Westin Mission Hills and in Hawaii and Arizona.
The first Westin-branded vacation ownership resort is the Westin St. John
in the U.S.V.I. The Company is also in the planning stages
for vacation ownership at The Phoenician in Arizona.
Starwood Vacation Ownership,
Inc. recently began construction and presales on a joint venture with Sun
International (NYSE: SIH), the Harborside Resort at Atlantis in The
Bahamas. This high-end resort is located adjacent to the world-class
Atlantis Resort and will feature 198 villas overlooking the new Marina. |
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resort�s main attractions will be the recreation area with a large adult
pool with private cabanas and two water slides. Additional activities upon
completion of the resort include a putting green, basketball court, private
BBQ and picnic area and an activity center.
Westin Mission Hills Resort Villas is the second Westin Vacation Ownership
resort built adjacent to an existing Westin hotel. The first opened
in 1997 at the Westin Resort, St. John in the U.S.V.I. Since its formation
last year, Starwood Vacation Ownership has branded the following resorts
under the Sheraton flag: Sheraton�s Vistana Resort in Orlando, Florida;
Sheraton�s Vistana Resort at World Golf Village in St. Augustine, Florida;
and Sheraton�s PGA Vacation Resort in Port St. Lucie, Florida. In addition,
resorts under construction will also fly the Sheraton flag including: Sheraton�s
Mountain Vista in Avon, Colorado and Sheraton�s Vistana Villages in Orlando,
Florida.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) is one of
the leading hotel and leisure companies in the world with more than 725
properties in 80 countries and 120,000 employees at its owned and managed
properties. |