Starwood Hotels to Open Its First Dual-Branded Ski Resort Complex in China

STAMFORD, Conn.–(BUSINESS WIRE)–

Starwood Hotels Resorts Worldwide, Inc. (NYSE: HOT – News) today announced it
will open its first dual-branded ski resort complex in Changbaishan,
China later this year. The Westin Changbaishan and Sheraton Changbaishan
Resort will open in August 2012, adjacent to the slopes of Changbai
Mountains, one of China’s leading ski areas. The highly anticipated
resort complex will lengthen Starwood’s lead as the largest
international luxury and upper upscale hotel operator in China.

“We look forward to introducing both Westin and Sheraton to Changbai
Mountains with this spectacular, new ski resort complex where guests
will enjoy world-class amenities set against the backdrop of one of
China’s most visually stunning mountain ranges,” said Stephen Ho,
Starwood’s Senior Vice President of Development for Asia Pacific. “China
is both our fastest growing global market and our richest source of
loyal travelers, and we expect that this dual-branded Starwood resort
development will resonate with Chinese travelers who stick with the
brands they know and love.”

The Westin and Sheraton resort complex is close to Yingfu Expressway and
just six miles to Changbaishan Airport (NBS). Known for its breathtaking
natural beauty, the Changbai mountain range extends through several
countries and is home to 200 animal and bird species. Guests will enjoy
downhill on trails surrounded by unspoiled pine forests, as well as ice
skating and ice fishing.

The world-famous Changbai Mountains are known as one of the most
beautiful areas in China. Endowed with rich natural resources and
amazing scenery, the more than 494,000 acre nature reserve has been
established to protect the Changbai Mountains’ natural environment and
eco-system.

The Westin Changbaishan Resort

Offering ski-in/ski-out access, The Westin Changbaishan Resort will
inspire well-being with breathtaking mountain views, world-class dining,
a Westin Kids Club, signature Heavenly® Spa and an indoor swimming pool.
All 257 guestrooms will be equipped with the world-renowned Westin
Heavenly® Bed featuring lush sheets, down cushioning and a patented
pillow-top mattress, which cradles and contours to the body for complete
comfort. Another industry first, the Heavenly® Bath creates an
invigorating spa-like experience, enhanced with the brand’s Heavenly®
Shower, Heavenly® Robe and exclusive White Tea Aloe bath amenities.
In-room, high-speed Internet access and an ergonomic work space will
offer travelers convenience and productivity in a tranquil setting.

Sheraton Changbaishan Resort

Sheraton Changbaishan Resort will offer 296 guest rooms and suites with
mountain or ski views, as well as a Sheraton Club lounge and Sheraton
Club rooms with upgraded amenities. The heart of the lobby will feature
the Link@Sheraton® experienced with Microsoft®– a
social hub where connections, whether face-to-face or webcam-to-webcam,
take place. All guest rooms will be equipped with an oversized work
desk, custom-designed ergonomic chair, high-speed Internet, LCD flat
panel television, MP3 docking station and the all-white Sheraton Sweet
Sleeper® bed, designed to meet AAA’s Five Diamond Award® criteria.
Additional amenities will include a full-service restaurant and lounge,
spa, indoor heated swimming pool, and fully equipped fitness facility
featuring the brand’s revolutionary new health and fitness program,
Sheraton Fitness programmed by Core Performance™, designed exclusively
for Sheraton guests through its partner Core Performance.

Ideal for meetings of all sizes, as well as social functions and
weddings, the resort complex will offer more than 37,000 square feet of
state-of-the-art meeting space including a 13,362 square-foot ballroom
and a spacious pre-function space.

About Dalian Wanda Group

Dalian Wanda Group was founded in 1988 and operates in five major
industries including Commercial Properties, Luxury Hotels, Tourism
Investment, Cultural Industry, and Department Store Chain. The company
has assets of 31 billion dollars and an annual income of 17 billion
dollars, and pays 2.6 billion dollars in taxes. The company has already
opened 49 Wanda Plazas, 28 five-star hotels, 730 cinema screens, 40
department stores and 45 all inclusive karaoke centers throughout the
country. By 2015, the company aims to increase its assets to 48 billion
dollars and income to 32 billion dollars, and pays 4.8 billion dollars
in taxes, becoming a world-class enterprise.

About Starwood Hotels Resorts Worldwide, Inc.

Starwood Hotels Resorts Worldwide, Inc. is one of the leading hotel
and leisure companies in the world with 1,090 properties in 100
countries and territories with 154,000 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, Aloft®, and ElementSM. The company boasts one of
the industry’s leading loyalty programs, Starwood Preferred Guest (SPG),
allowing members to earn and redeem points for room stays, room upgrades
and flights, with no blackout dates. 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.

Media:
Starwood Hotels Resorts Worldwide, Inc.
Nadeen N. Ayala, 203-351-2542
Nadeen.ayala@starwoodhotels.com

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