Element(SM) Opens Its Fifth and Sixth Hotels This Week
Starwood's Green Trailblazing New Hotel Brand Heads West with the Openings of Element Denver Park Meadows and Element Dallas Fort Worth Airport North
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Sep. 21, 2009-- Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announces the opening of its first hotel in Colorado and fifth Element hotel globally - Element Denver Park Meadows. And later this week, Starwood's green trailblazer will open its sixth hotel - Element Dallas Fort Worth Airport North.
Owned by Medical Hospitality Group and managed by InterMountain Management, LLC, Element Denver Park Meadows is currently in pursuit of LEED certification. It is the second Element project between the ownership group, development team, and InterMountain Management, following the opening of Element Houston Vintage Park in Texas this spring.
"We celebrate the successful, strategic growth of the Element brand with the opening of our fifth and sixth hotels, all in one week," said Paul Sacco, Senior Vice President of Development for North America, Starwood Hotels & Resorts Worldwide, Inc. "We are also delighted to expand our relationship with Medical Hospitality Group and InterMountain Management, who have demonstrated their growing commitment and support of our Element brand."
Launched by Starwood Hotels & Resorts Worldwide, Inc. in 2008, Element delivers a no-compromise, eco-chic experience enhanced by comfortable and inspiring public spaces, modern touches and (SM)art design. Element Hotels is the first major hotel brand to mandate that all its properties pursue the US Green Building Council's (USGBC) Leadership in Energy and Environmental Design (LEED) certification.
The Element brand's green features are cleverly designed to be as aesthetically appealing as they are eco-friendly, so guests never compromise on style and comfort. Eco-friendly materials are used whenever possible and natural light is maximized throughout the hotels. To reduce waste, guest room bathrooms are equipped with amenity dispensers, kitchens are supplied with silverware and glassware instead of plastic utensils and paper cups, and filtered drinking water is available rather than plastic water bottles. Recycling bins are available in guest rooms and public areas. Element hotels conserve water and energy with low-flow faucets and fixtures, compact fluorescent light bulbs, and energy-efficient appliances. Even the ubiquitous "Do Not Disturb" sign has been replaced with an environmentally-friendly magnet.
About Starwood Hotels & Resorts Worldwide, Inc.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 960 properties in 97 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®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton, and the recently launched Aloft®, and Element(SM). Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts.
About InterMountain Management
As one of North America's leading owner/operator and third-party management companies, InterMountain Management, LLC specializes in the select service and extended stay hotel segments. For more than 25 years, InterMountain Management's dedication to success has been proven in the results as a hotel owner, management company, and hotel developer. Their managed hotel owners have benefited from the development and management knowledge and experience gained from owning and operating our own hotel portfolio. They currently own and/or manage over 70 premium branded hotels in 26 states within Starwood and other leading hotel brand portfolios. For more information or to view hotel locations across the U.S., please visit their website at www.intermtn.biz.
Source: Starwood Hotels & Resorts Worldwide, Inc.