Four Points by Sheraton Expands Footprint in British Columbia

Four Points by Sheraton Kelowna Airport Delivers Stylish Comfort in Convenient Location

STAMFORD, Conn. - (BUSINESS WIRE) - Jun. 27, 2013 - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced that its Four Points by Sheraton brand continues its rapid expansion across Canada with the opening of Four Points by Sheraton Kelowna Airport. Owned by Argus Properties, Ltd. and managed by Pacrim Hospitality Services, Four Points by Sheraton Kelowna Airport offers 120 rooms and 4,500 square feet of market-leading meeting facilities in a convenient location near both the airport and downtown Kelowna. It is the 24th Four Points hotel to open in Canada, where the brand is on track to reach 27 hotels by the end of 2013.

"We are delighted to debut Four Points by Sheraton in Kelowna as demand for the brand continues to rise in dynamic markets across Canada," said Brian McGuinness, Senior Vice President of Specialty Select Brands for Starwood. "At Four Points by Sheraton Kelowna Airport, guests will enjoy an honest value, genuine service, and all the amenities they need to stay productive on the road."

Four Points by Sheraton Kelowna features full-service dining, swimming pool with waterslide, 24-hour fitness and all the other amenities that have made Four Points a favorite with travelers worldwide. The hotel is located adjacent to Kelowna International Airport (YLW) Canada's 10th largest airport expecting to welcome more than 1.6 million travellers this year. Guests can conveniently access downtown Kelowna, the University of British Columbia (Okanagan Campus), and several world-class ski resorts including Big White Ski Resort and Silverstar Mountain Resort. At the center of a thriving Okanagan Valley economy, Kelowna sits on the shores of Okanagan Lake, a 98-mile waterway offering numerous water sports. Kelowna is a must-see destination for wine enthusiasts who come to experience the many international award-winning wines produced by the 50 wineries in the area. Kelowna is also Canada's newest golf destination with more than 20 courses enjoying the longest and sunniest golf season in Canada.

"We expect Four Points by Sheraton Kelowna to resonate with travelers seeking high-caliber, affordable and stylish lodging in a great location," said Ted Callahan, President & CEO of Argus Properties.

About Four Points by Sheraton

Great Hotels. Great Rates. With over 175 Four Points by Sheraton hotels in more than 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, the industry's richest loyalty program. To learn more, visit www.spg.com.

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. Stay connected to Four Points on Facebook at facebook.com/fourpoints.

About Starwood Hotels & Resorts Worldwide, Inc.

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 1,146 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 Element®. 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.

About Argus Properties

Argus Properties is a dynamic, forward thinking property and development company with a proven 40- year track record. Headquartered in Kelowna, Argus Properties has an extensive portfolio of projects (www.argusproperties.ca) and a well-earned reputation as one of the British Columbia's finest development companies.

About Pacrim Hospitality Services Inc.

Pacrim Hospitality Services Inc. (PHSI) is one of Canada's largest independently owned hotel management and development companies that currently manages 45 hotels throughout Canada and the United States totaling 4,681 hotel rooms and suites. PHSI has, for more than a decade, expertly managed hotels in partnership with many of the world's most recognized hotel brands. For more information, please visit www.pacrimhospitality.com.

PHSI's ability to successfully coordinate the development of new properties, redevelop existing properties from concept development through to opening day and beyond are well recognized in the hospitality industry.

Source: Starwood Hotels & Resorts Worldwide, Inc.

Media Contact:

Middleton & Gendron Inc.
Shara Seigel
212-284-9938
sseigel@mg-pr.com

 

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