Starwood Opens Four Points by Sheraton Navi Mumbai, Vashi and Signs Deal to Open Four Points by Sheraton Jaipur, City Square Next Month
WHITE PLAINS, NY, Sep 14, 2009 (BUSINESS WIRE) -- Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announces the debut of its Four Points by Sheraton brand in India. Starwood recently opened the Four Points by Sheraton Navi Mumbai, Vashi and has reached an agreement to open the Four Points by Sheraton, Jaipur City Square in October of 2009.
"Starwood has spent the last two years laying the groundwork for the debut of the Four Points by Sheraton brand in India, and we are thrilled to see our plans come to fruition with the opening and signing of these new hotels," said Miguel Ko, President and Chairman of Starwood Hotels & Resorts, Asia Pacific. "We look forward to continuing to grow this brand in key markets throughout India and Asia Pacific."
The Four Points by Sheraton brand was introduced to Asia Pacific in 2000 with hotels in Sydney, Geelong, Shenzhen and Chung Ho, and now has grown to a strong portfolio of 31 hotels in the region, including 12 in operation and nearly 20 under development in China, Cambodia, Taiwan Malaysia, Thailand and India.
Within India, Starwood currently operates 21 hotels, including seven under The Luxury Collection(R) brand, eight Le Méridien(R) hotels, four Sheraton(R) hotels, one Westin(R) and the new Four Points by Sheraton hotel. By 2012, Starwood expects to have an additional 15 new hotels in India across the Sheraton, Westin, Four Points by Sheraton and AloftSM brands.
"Starwood has responded to India's acute need for lodging by working with proven development partners to open best-in-class conversion and new-build hotels throughout this dynamic emerging market." said Simon Turner, President of Global Development, Starwood Hotels & Resorts Worldwide, Inc. "These hotels represent a critical next step as we progress on our journey to open our 1,000th hotel and resort worldwide by developing the right properties in the right places with the right partners."
"Four Points by Sheraton Navi Mumbai, Vashi and Four Points by Sheraton Jaipur, City Square are terrific additions to our growing portfolio and will target both business and leisure travelers in two of India's most important metropolitan centers," said Brian McGuinness, Senior Vice President of Specialty Select Brands for Starwood Hotels & Resorts Worldwide, Inc. "In keeping with Four Points by Sheraton's commitment to providing honest, uncomplicated comfort, these two hotels will offer travelers to and within India a new kind of style combined with spirited 'can do' service at an honest value."
Located in the bustling business center of the Navi Mumbai Metropolis, Four Points by Sheraton Navi Mumbai, Vashi is just a short stroll from prominent shopping opportunities and the city's leading corporations. The hotel offers 151 guest rooms, a bar and deli with an all-day dining restaurant, a health club and swimming pool as well as meeting facilities.
Located in the new Jaipur city center, Four Points by Sheraton Jaipur, City Square will be just minutes of MI Road, the city's commercial hub. Guests will enjoy convenient access to the airport, several historic forts and palaces, leading retail centers and offices. The hotel will feature 115 guest rooms, a bar/deli and an all-day dining restaurant and nearly 750 square feet of meeting and function space.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 966 properties in more than 100 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(R), The Luxury Collection(R), W(R), Westin(R), Le Méridien(R), Sheraton(R), Four Points(R) by Sheraton, and the recently launched AloftSM, and ElementSM. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts.
SOURCE: Starwood Hotels & Resorts Worldwide, Inc.