Starwood Opens Its Thirteenth Four Points by Sheraton Hotel in Latin America and the Second Four Points by Sheraton in Chile

SANTIAGO, Chile, Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announces the opening of Four Points by Sheraton Los Angeles in Chile, which opened for business on July 15, 2009. The newly built hotel has an agreement with Hotel Buenas Noches Los Angeles SA (subsidiary of Casino Austria) to manage the property.

Four Points by Sheraton is located in the center of Los Angeles, close to Concepcion, Chile’s second largest city. When driving from Santiago, Los Angeles is the starting point for the Chilean Patagonia circuit and is the natural stop before initiating visits to the national parks and lakes.

The hotel is next to the shopping center Mall Plaza and it shares premises with the casino and was designed to attract the corporate market as well as leisure travelers.

“With the addition of this hotel, Starwood Hotels & Resorts continues to strengthen its presence in the region, with a total of 13 Four Points by Sheraton properties in six Latin America countries,” said Osvaldo Librizzi, President of Starwood Hotels & Resorts Latin America. “Chile plays an economic and cultural role in South America and we are very proud to expand our portfolio by the Four Points brand in this country. It is an excellent alternative for travelers seeking honest, uncomplicated comfort quality at affordable rates.”

Four Points by Sheraton Los Angeles is part of an expected eight total Starwood hotels to open in Latin America this year.

This new property features 90 guestrooms on 16 floors.

“We are extremely pleased to have selected Starwood’s Four Points by Sheraton brand to manage the new hotel in Los Angeles,” stated Roberto Garcia F., General Manager of Polaris S.A., a subsidiary of Casinos Austria International in Chile.

The hotel offers a more than 7,018 square foot ballroom for events and additional meeting rooms that can be divided into three separate sections.

The hotel has a full-service restaurant, a lobby bar, and recreational areas in the hotel include a gym with spa area, including four treatment rooms, and indoor and outdoor swimming pools and deck areas.

About Four Points by Sheraton | Four Points by Sheraton, with 140 properties in 24 countries, offers the self-sufficient traveler a new kind of style and comfort combined with a spirited “can-do” service – all at an honest value. Four Points by Sheraton hotels are located in easy-to-reach areas – close to major airports, suburban centers, urban hot spots and resort and vacation destinations. Four Points Simple Pleasures(SM) program celebrates the little things in life that make a big difference in guests’ travel such as a complimentary bottle of water and a great beer at the end of a long day.

About Starwood Hotels & Resorts Worldwide, Inc. | Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 960 properties in 97 countries and 145,000 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(R), The Luxury Collection(R), W(R), Westin(R), Le Meridien(R), Sheraton(R), Four Points(R) by Sheraton, and the recently launched Aloft(R), and Element(SM). Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit .

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