Four Points Opens Third Hotel in Greater Boston Area

Four Points by Sheraton Wakefield Boston Hotel & Conference Center Offers Stylish Comfort and State-of-the-Art Meeting Facilities just North of Downtown Boston

STAMFORD, Conn. - March 13, 2015 - (BUSINESS WIRE) - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced the opening of its third Four Points hotel in the Greater Boston metropolitan area. Four Points by Sheraton Wakefield Boston Hotel & Conference offers 280 stylish, comfortable guest rooms and an IACC-certified Conference Center, just 12 miles north of downtown Boston. Owned and operated by Meera LLC, an entity of Jamsan Hotel Management, the hotel will complete a $5 Million dollar renovation to upgrade all guestrooms and public areas by early next year.

“Four Points Wakefield Boston Hotel & Conference Center is an important addition to the fast-growing Four Points portfolio as we continue our aggressive brand expansion in dynamic cities across the globe,” said Brian McGuinness, Senior Vice President of Specialty Select Brands for Starwood. “The Four Points brand caters to the smart, independent traveler with its approachable experience offering what matters most, plus extras guests want.”

Four Points Wakefield Boston Hotel & Conference Center is convenient to both downtown Boston and the historic North Shore. The hotel is close to several top-rated sports and entertainment venues including Fenway Park, TD Garden and North Shore Music Theater. Also nearby are the shops and restaurants at Market Street Lynnfield and North Shore Mall, as well as the campuses of Endicott College, Salem State, Gordan College, Harvard University, M.I.T., Boston College and Boston University. The hotel is a short drive or train ride from Boston’s Financial District and leading downtown attractions including Faneuil Hall, Museum of Fine Arts and the Theatre District.

“We expect Four Points by Sheraton Wakefield Boston Hotel & Conference Center to be a hit with both business and leisure travelers by providing them with the stylish, uncomplicated comfort they have come to expect from the popular brand,” said Ashok Patel of JHM. “The hotel will also appeal to meeting planners with its market-leading conference facilities and proximity to downtown Boston.”

“We have already established ourselves as the place to meet and greet on the North Shore. The transition to a Four Points will solidify our belief in the Starwood Brand and the strength of their Premier Starwood Preferred Guest Program to continue to help drive market share,” said Steve Merrill, General Manager.

An ideal choice for business meetings and social events, the property can accommodate groups of up to 450 people in its 18,000 square-foot Conference Center. Additional amenities include full-service dining, indoor pool and access to the adjacent Boston Sports Club – the North Shore’s premier health and fitness facility. Guests will enjoy all of the brand’s popular amenities including fast and free WiFi, complimentary bottled water, and a wide selection of craft and imported beer as part of the signature Best Brews™ program.

Four Points is experiencing incredible growth momentum, With 50 new hotel deals signed in 2014, the most in Starwood’s company history, the brand will surpass 200 hotels in 2015, with more than 25 planned hotel openings this year. The Four Points brand boasts Starwood’s second largest and fastest growing development pipeline, fueled by its widespread, global appeal to guests and flexible development options.

About Four Points

Experience smart travel. With nearly 200 Four Points 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. Stay connected to Four Points on 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 more than 1,200 properties in some 100 countries and over 180,000 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 recently announced plans to spin off its Starwood Vacation Ownership, Inc. business, a premier provider of world-class vacation experiences through villa-style resorts and privileged access to Starwood brands, into a standalone public company by the end of 2015. For more information, please visit www.starwoodhotels.com.

About Jamsan Hotel Management

Jamsan Hotel Management (JHM) in one of the largest hospitality management companies in the Northeast with over 1000 employees, more than 50 hotels, and totaling over 3,500 rooms across New England, including ME, NH, RI, MA,VT, and CT. JHM manages Four Points by Sheraton hotels and other leading brands and property sizes. The company also manages independent and boutique hotels in destination markets. The Mission Statement for Jamsan is simple and uncomplicated: Focus on consistent execution of the core expectations of each guest, one guest at a time.

(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.

SOURCE Starwood Hotels & Resorts Worldwide, Inc.

Media Contact:

Ashley Chapman
Global Public Relations
Aloft, Element & Four Points by Sheraton
212-380-4015
Ashley.chapman@starwoodhotels.com

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