Intrawest Building Westin Imagine Orlando Residences

Phase One at the Village of Imagine, Orlando

. October 14, 2008

ORLANDO, FL, February 14, 2006. Intrawest Corporation (NYSE:IDR) and Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that they have signed an agreement to brand phase one of The Village of Imagine as The Westin Imagine Orlando Residences. Located across from the Orange County Convention Center in Orlando, Florida, The Westin Imagine Orlando Residences will be the area's newest residential village condominiums providing luxury accommodations for both business and leisure travelers, with easy access to the nation's second largest convention center and the area's renowned scenic, cultural and entertainment venues. Phase one, due to open in early 2008, will consist of 470 condominium suites and residences including the 256-unit Grand Imagine building that was released last December 2005.

"We are creating a lifestyle destination within central Florida that will attract people from around the world," said Connie Wynne, regional vice president for Intrawest. "We chose Westin because of its internationally recognizable name and reputation for outstanding hospitality experiences."

"We are very proud to be partnering with Intrawest on our fourth location after The Westin Trillium House at Blue Mountain, Le Westin Resort & Spa at Tremblant and the soon-to-be open Westin Monache at Mammoth Mountain," said Sue Brush, senior vice president, Westin Hotels & Resorts. "Westin's new brand positioning is centered on Renewal and offering our guests the services, products and amenities that will help them rejuvenate, renew and restore their mind, body and spirit. We look forward to pampering travelers visiting central Florida so much that they will feel better when they check out than when they checked in."

The Westin Imagine Orlando Residences will consist of suites, one and two bedroom residences. All two bedroom residences will be equipped with fully appointed kitchens. Guests of The Westin Imagine Orlando Residences will enjoy all of the signature services and amenities that travelers have come to expect of Westin, including Westin's Heavenly Bed(R) and Heavenly Bath(R) and WestinWORKOUT(R) Powered by Reebok fitness facility. The Westin Imagine Orlando Residences will also be part of the main Village corridor that will provide guests with upscale dining, shopping, swimming pools and an event lawn area designated for nightly activities.

Information on The Westin Imagine Orlando Residences is now available at The Village of Imagine Discovery Center located at 9635 Universal Boulevard in Orlando, Florida. Completion of the first phase at The Village of Imagine is estimated to be early 2008 to coincide with the busy Orlando area tradeshow season.

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