16 Feb 2006
Starwood Hotels & Resorts Worldwide, Inc (NYSE: HOT) newest global hotel brand Le M�ridien Hotels & Resorts, continues to expand its presence in Asia Pacific with the signing of Le M�ridien Pattaya Resort, Thailand. Starwood Hotels & Resorts and Grande Equity Development Company Limited announced the agreement today to manage this brand new resort along Jomtien Beach in Pattaya, which will open in January 2009.
The Le M�ridien Pattaya Resort will be part of one of Pattaya�s foremost upscale beachfront resort developments, which comprises unbranded condominiums and the resort. The development is strategically located in a prime position, only 150 km or 1.5 hours� drive from Bangkok and less than an hour�s drive from Bangkok�s new International Airport when it officially opens in 2006. The resort will feature 250 rooms, 11,000 square feet of meeting space, three food and beverage outlets, an outdoor swimming pool and a full service spa.
"We are thrilled to be announcing a new Le M�ridien hotel in Pattaya - especially as this is the first hotel signing in Asia Pacific for Le M�ridien since they became part of Starwood Hotels & Resorts in late November 2005," said Michael Wale, Senior Vice President Le M�ridien Operations. "This new resort further reinforces our commitment to grow and enhance our newest brand globally with particular emphasis in Asia-Pacific, Latin America and the United States. The brand has a healthy development pipeline already in place, with over 10 hotels planned to open in 2006 in destinations such as India and China, including Le Royal M�ridien Shanghai. We see great potential for the Le M�ridien brand and it is a perfect complement to the Starwood portfolio, with its European heritage, international footprint and unique guest culture.� cont/�
LE MERIDIEN CONTINUES EXPANSION IN ASIA PACIFIC/2
"Le M�ridien Pattaya Resort marks Starwood�s second resort in Pattaya and its 17th in Thailand. This latest addition to the Le M�ridien portfolio is an exciting and significant development for Starwood. Besides reflecting our focus to grow this brand, Le M�ridien Pattaya Resort also strengthens Starwood's commitment to Thailand, while further expanding on the wonderful Le M�ridien resorts we can offer our guests around the world," said Miguel Ko, President, Starwood Hotels & Resorts Asia Pacific.
Starwood currently operates 12 hotels in Thailand � Bangkok, Chiangmai, Samui, Pattaya, Krabi and Phuket, with 5 under development in Bangkok, Chiangmai, Pattaya, Phuket and Hua Hin.
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For any further press information, please contact:
Kim Stringer Le M�ridien Press Office Le M�ridien Hotels & Resorts Tel: +44 (0)20 7150 7737 kim.stringer@lemeridien.com www.lemeridien.com
Claire Griffin/Katie Foster/Kathryn Peel Grifco PR Tel: 020 7385 7090 claire@grifcopr.com katie@grifcopr.com kathryn@grifcopr.com
Notes to Editors:
Le M�ridien Le M�ridien Hotels & Resorts, with its portfolio of more than 120 luxury and upscale hotels in 49 countries worldwide, is owned by Starwood Hotels & Resorts Worldwide, Inc. Le M�ridien enjoys a strategic alliance with JAL-owned Nikko Hotels, providing loyal guests access to an additional 52 properties around the world. In the 2005 Luxury Brand Status Index survey Le M�ridien was recognised as one of the top 15 luxury hotel brands. For more information, please visit lemeridien.com
Starwood: Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with approximately 850 properties in more than 95 countries and 145,000 employees at its owned and managed properties. Starwood� Hotels is a fully integrated owner, operator and franchisor of hotels and resorts with the following internationally renowned brands: St. Regis�, The Luxury Collection�, Sheraton�, Westin�, Four Points� by Sheraton, W�, Le M�ridien� and the recently announced AloftSM. 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 www.starwoodhotels.com. (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.)