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Sheraton Opens Second Hotel in the Pittsburgh Metropolitan Area

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Sheraton Pittsburgh Airport Hotel Boasts a convenient Location near the Airport, Business District, Shops and Restaurants

STAMFORD, Conn. - April 19, 2013 - (BUSINESS WIRE) - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced the opening of Sheraton Pittsburgh Airport Hotel just outside Pittsburgh International Airport (PIT). Owned by an affiliate of Platinum Equity, the hotel completed a comprehensive multi-million dollar renovation prior to re-opening in order to meet Sheraton brand standards. The opening is part of the Sheraton brand’s strategic $8 billion expansion effort.

“Sheraton is delighted to be adding depth to our Pittsburgh portfolio with the addition of this ideally located property as we continue to expand the brand in dynamic markets, worldwide,” said Hoyt Harper, Global Brand Leader, Sheraton Hotels & Resorts. “Sheraton Pittsburgh Airport Hotel provides travelers with a stylish, comfortable and social atmosphere where they can enjoy all the brand’s recently enhanced signature services and amenities.”

As part of its renovations, Sheraton Pittsburgh Airport Hotel implemented the Sheraton brand’s signature Link@Sheraton® experienced with Microsoft® – a social hub in the lobby where connections, whether face-to-face or webcam-to-webcam take place, and a Link@Sheraton Café. All 200 guest rooms were fully renovated and equipped with the all-white Sheraton Sweet Sleeper® bed, designed to meet AAA’s Five Diamond Award® criteria, as well as an oversized work desk, ergonomic chair, high-speed Internet, and LCD flat panel television.

Sheraton Pittsburgh Airport Hotel provides approximately 9,000 square feet of flexible meeting space with all the latest in meetings technology. Additional amenities include a full-service restaurant and lounge, outdoor pool, Sheraton Club Lounge, and fully renovated 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.

Located at 1160 Thorn Run Road in Coraopolis, PA, Sheraton Pittsburgh Airport Hotel offers easy access to Pittsburgh International Airport and leading businesses including Federal Express and GlaxoSmithKline. Nearby attractions include the Pittsburgh Zoo, the Andy Warhol Museum and the shops, restaurants and entertainment at Station Square.

“We have transformed the hotel, fundamentally improved operations and enhanced the total experience for travelers,” said David Aroesty, Principal, Platinum Equity. “We are excited to re-open as a Sheraton and offer guests all of the enhanced benefits and amenities that are part of the Sheraton brand.”

Starwood has spent the last few years renovating and rebuilding one of the hotel industry’s most iconic brands and Sheraton now stands stronger than ever with the strongest portfolio in its history. The brand is gaining market share, RevPAR continues to rise, guest satisfaction scores are the highest in the brand’s history and likelihood to return, likelihood to recommend and meeting planner and associate engagement scores are also at all-time highs - signaling that guests are taking notice and rediscovering the new Sheraton.

Sheraton Hotels & Resorts, like all brands within Starwood’s robust portfolio, is proud to offer the Starwood Preferred Guest® program, which made headlines when it launched in 1999 with a breakthrough policy of no blackout dates on Free Night Awards. SPG® offers members the ability to redeem awards at more resorts, more luxury properties, more European hotels and more golf properties than any other hotel program.

About Starwood Hotels & Resorts Worldwide, Inc.

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 1,134 properties in nearly 100 countries and 171,000 employees at its owned and managed properties. Starwood 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 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.

Media Contact:

Starwood Hotels & Resorts
Nadeen Ayala
203-351-2542
nadeen.ayala@starwoodhotels.com

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