TORONTO - May 11, 2015 - (BUSINESS WIRE) - Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced the signings of two new build properties: The Westin Calgary Airport, owned by PAL Hospitality Ltd., and The Westin Edmonton Gateway, owned by Neelam Investments Ltd. With these new signings, Starwood will further strengthen its footprint across Canada, while significantly bolstering its upper-upscale presence in Alberta.
“We are very excited to continue growing our reach in Canada with this strategic expansion of the Westin brand in key Alberta markets,” said Alison Reid, Senior Vice President of North America Development for Starwood Hotels & Resorts Worldwide, Inc. “We highly value our relationships with owners and franchisees, and continue to see strong interest from partners looking to leverage Starwood's powerful brands, network, global booking platforms and loyal customer base."
With 250 guestrooms, The Westin Calgary Airport will be located directly on Calgary International Airport property. The five-story hotel will feature a Westin Club Lounge, 30,000 square feet of meeting space, restaurant and lounge. The Westin Edmonton Gateway will offer 225 guestrooms, as well as a Westin Club Lounge, full restaurant, contemporary bar and more than 10,000 square feet of meeting space. The hotel will be located near The Anthony Henday Expressway, which encircles Edmonton, providing convenient access throughout the city and to downtown.
Both hotels will embrace the Westin brand positioning of For a better you™ by offering programs designed to inspire balance and enhance well-being, leaving guests feeling better than when they arrived. The properties will be fully equipped with the brand’s signature amenities, such as the world-renowned Westin Heavenly® Bed, the Heavenly® Bath experience, and an ergonomic work area for optimal productivity.
“These hotels are a great example of how Starwood is working proactively to increase our portfolio throughout Canada with the right partners, the right properties and in the right places,” said Scott T. Duff, Sr. Director Development - Canada & Alaska. “Our solid portfolio of 67 hotels in the country across seven of our brands positions us well for continued growth across the country across all segments.”
Starwood Hotels is also pleased to welcome The Gupta Group / Easton’s Group of Hotels, to the Starwood family. The Gupta Group recently acquired The Westin Bristol Place Toronto Airport Hotel, assuming the franchise licensing agreement for the hotel. The hotel is located adjacent to Toronto Pearson International Airport and just 25 minutes from downtown Toronto. With the purchase of the property, Easton’s Group, led by owner Steve Gupta will invest $9 Million in renovations to the hotel over the next year.
The momentum continues for Starwood Hotels in Canada, with opportunity for growth across all its brands, including the newly introduced Tribute Portfolio™. A robust pipeline of future openings is spurred by growth of Starwood’s Specialty Select brands. Boasting the largest portfolio among all of Starwood brands in Canada, Four Points by Sheraton will soon welcome new properties including Four Points by Sheraton Moncton, Four Points by Sheraton Surrey, Four Points by Sheraton Regina, Four Points by Sheraton Edmonton West, Four Points by Sheraton Sherwood Park, Four Points by Sheraton Grande Prairie, Four Points by Sheraton Lloydminster, Four Points by Sheraton Estevan and Four Points by Sheraton Saint John. After the recent opening of Element Vancouver Metrotown, momentum for Starwood’s trailblazing eco-wise Element brand continues in Canada with plans to open Element Calgary Airport and Element Edmonton West in the coming years.
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®, Element® and the recently introduced Tribute Portfolio™. 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.
SOURCE Starwood Hotels & Resorts Worldwide, Inc.
Starwood Hotels & Resorts Worldwide, Inc.
Starwood Hotels & Resorts Worldwide, Inc.