Starwood Announces the Opening of a Sheraton Hotel in El Salvador, Its Third Property in Central Ame

Sheraton Presidente San Salvador is Located in the Capital City of San Salvador

• 
  SAVE
• 
  SHARE
• 
  TEXT SIZE
• 
  PRINT
• 
  COMMENT
• 
  PDF

. October 14, 2008

WHITE PLAINS, NY, November 17, 2005. Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT) announces the opening of its first property in the Central American republic of El Salvador - the Sheraton Presidente San Salvador. The hotel is located in the bustling capital city of San Salvador. The property is a franchise agreement between Starwood and Hoteles y Desarrollos S.A. de C.V.

"We are thrilled of this new Sheraton opening in El Salvador, provided its great location in San Salvador and ideal for corporate markets in Central America," said Osvaldo Librizzi, President of Starwood Hotels & Resorts Latin America. "Starwood continues its expansion in Central America, with San Salvador being highly regarded as one of the key markets for the company's expansion in this region."

The Sheraton Presidente San Salvador is situated in the capital of El Salvador, in the city's fashionable Zona Rosa district, only ten minutes from the major business, shopping and entertainment and within five minutes from international consulates and embassies. The hotel features 220 guestrooms, suites and a Presidential Suite, all equipped with the brand's signature custom-designed Sheraton Sweet Sleeper Bed(R), high-speed Internet access and cable TV.

The property's in-house restaurant, La Terraza, offers diners an expansive menu that highlights the regional fare of El Salvador and accommodates up to 150 customers. Among the various dining options are the hotel Bistr'o "San Benito", seating 50 and the "Marquise" Lobby Bar, serving local and international drinks.

In addition, planners will also benefit from the hotel's meetings and conventions facilities including 11 meeting rooms handling both large and small venues, totaling over 12,000 square feet. The Sheraton Presidente San Salvador's business center is fully equipped, featuring many high-tech services and functional facilities.

Guests seeking to relax and work out will be able to enjoy the hotel's fitness center, with its saunas and outdoor swimming pool set amid lush landscaped areas and delightful cascades.

(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.)