STAMFORD, Conn. - September 23, 2012 - (BUSINESS WIRE) - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced its Four Points® by Sheraton brand will open its first hotel in Edmundston, New Brunswick. Four Points by Sheraton Edmundston will open in July 2013 in an ideal location at the center of downtown Edmundston. The former Clarion hotel will undergo an extensive $2.5 million renovation prior to flying the Four Points flag. With 160 hotels open worldwide and the second largest pipeline among all Starwood brands, Four Points offers a “best for business” proposition for travelers seeking great hotels at great rates.
“We look forward to debuting the Four Points brand in Edmundston, as we aggressively grow the brand in dynamic markets across Canada ,” said Brian McGuinness, Senior Vice President of Specialty Select Brands for Starwood. “At Four Points, we are committed to delivering an honest value, genuine service, and all the amenities guests need to stay productive on the road.”
Four Points by Sheraton Edmundston will offer 102 fully renovated guest rooms, 671 square feet of meeting space, a heated indoor pool, a 24-hour fitness center and full-service dining. The hotel is attached to the Edmundston Convention Centre with 14,000 square feet available for meetings and special events and to the Carrefour Assomption facility that includes commercial space, shopping center and offices. Walking distance to numerous shops and restaurants, Four Points by Sheraton Edmundston is convenient to the University of Moncton - Edmundston campus, Centre Brunswick Mall, Regional Sports Complex and Saint Basile Arena.
“Four Points is driving Starwood’s growth in Canada, fueled by strategic conversion projects like this one,” said Allison Reid, Senior Vice President of North America Development, Starwood Hotels & Resorts Worldwide, Inc. “The Four Points brand promise of ‘great hotels at great rates’ has struck a chord with travelers and attracted an increasing number of owners and developers who are looking to re-brand existing properties.”
Great Hotels. Great Rates: With more than 160 Four Points 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, 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.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 1112 properties in nearly 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.