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.