Four Points by Sheraton San Diego Downtown Opens Following Hotel Conversion

SAN DIEGO - (BUSINESS WIRE) - The fast growing Four Points by Sheraton brand, part of the Starwood Hotels and Resorts Worldwide, Inc. (NYSE: HOT) portfolio, has opened its latest U.S. hotel with the launch of Four Points by Sheraton San Diego Downtown. The new Four Points is a conversion from an existing hotel , following a formula that has seen Four Points by Sheraton expand to more than 160 hotels around the world, with 24 additional hotels scheduled to open in 2012 alone. The Four Points brand, offering a “best for business” proposition for travelers seeking great hotels at great rates, has grown to become the second largest pipeline among all Starwood brands.

Four Points by Sheraton San Diego Downtown features 220 rooms, 1,400 square feet of meeting facilities, a 24-hour fitness center, an outdoor heated pool , and the First Avenue Bar & Grill. As one of the last true “round” hotels in San Diego, the Four Points by Sheraton features gorgeous 360-degree views of San Diego Bay and downtown, including extensive views from its top-floor meeting room.

Brian McGuinness, Starwood’s Senior Vice President, Specialty Select Brands, commented. “San Diego is a vital market for both business and leisure travelers and we’re excited to open our second Four Points by Sheraton in this great city. Our guests are seeking an honest value, genuine service, and the amenities they need to stay productive on the road,” McGuinness continued. “We look forward to continuing our commitment to providing great hotels at great rates. “

Renovations to the lobby, restaurant and in-room amenities are scheduled for the fall of 2012 at Four Points by Sheraton San Diego Downtown. The hotel is managed by Pinnacle Hotels USA, and is centered in downtown San Diego, ten minutes from San Diego International Airport and just one mile from the San Diego Convention Center. Four Points by Sheraton San Diego Downtown offers free shuttle service to the airport. Leisure travelers also enjoy the hotel’s central location, with easy access to nearby Balboa Park, Sea World and Little Italy.

About Four Points by Sheraton

Great Hotels. Great Rates: With more than 160 Four Points by Sheraton hotels in nearly 30 countries, travelers can find the timeless style and comfort they’re looking for with genuine service and everything that matters most, all around the world. From Santiago to Shanghai and Milan to Milwaukee, Four Points hotels can be found in big urban centers, by the airport, near the beach, and in the suburbs. A recent $1 billion invested in renovations, conversions, and new-build hotels has made the brand stronger than ever.

Four Points by Sheraton, like all brands within Starwood’s portfolio, is proud to offer the Starwood Preferred Guest® program, which offers a breakthrough policy of no blackout dates on Free Night Awards. To learn more, visit www.spg.com.

About Pinnacle Hotels USA

Pinnacle Hotels USA is a San Diego, CA based privately held management company that specializes in both select and full service hotels. With properties located in Ohio, Texas and California, the company is currently affiliated with several major hotel brands. Pinnacle Hotels USA maintains the mission to care for its guests, associates and assets by providing quality service and exceeding expectations. To learn more about Pinnacle Hotels USA, visit www.pinnaclehotelsusa.com .

About Starwood Hotels & Resorts Worldwide, Inc.

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 1090 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 Element SM. 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., a premier provider of world-class vacation experiences through villa-style resorts and privileged access to Starwood brands. For more information, please visit www.starwoodhotels.com.

(Note: This press release contains forward-looking statements within the meaning of federal securities regulations. Forward-looking statements are not guarantees of future performance or events and involve risks and uncertainties and other factors that may cause actual results or events to differ materially from those anticipated at the time the forward-looking statements are made. These risks and uncertainties are presented in detail in our filings with the Securities and Exchange Commission. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that results and events will not materially differ. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.). The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Contact:

Middleton & Gendron, Inc
Shara Seigel
212-284-9938

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