SAMHI Hotels Opens Newly Renovated Sheraton Hyderabad Hotel in India

. July 20, 2015

HYDERABAD, IN. July 20, 2015 - Starwood Hotels and Resorts Worldwide, Inc. (NYSE:HOT), today announced the opening of Sheraton® Hyderabad Hotel, a newly renovated property set to welcome the tremendous number of business and leisure travelers visiting the world-renowned heritage city that has quickly become one of India's industrial hubs. Owned by SAMHI Hotels (Ahmedabad) Private Limited, an affiliate of SAMHI Hotels Private Limited, Sheraton Hyderabad Hotel marks the 44th Starwood hotel in India, the third Starwood hotel in the south-central Indian city, and the third Sheraton in India.

"The opening of Sheraton Hyderabad Hotel demonstrates our commitment to continual growth as we further position Sheraton as the global hotel brand of choice, everywhere," said Dave Marr, Global Brand Leader, Sheraton Hotels & Resorts. "With a history as vibrant and spirited as the travellers we welcome, Hyderabad is a key destination for Sheraton as we expand our presence across India."

Sheraton Hyderabad, the second Starwood hotel owned by SAMHI Hotels (Ahmedabad) Private Limited, is strategically located in the heart of the city's financial district and conveniently adjacent to the area's key convention centers, such as HITEX Exhibition Centre and the Hyderabad International Convention Centre. Surrounded by multinational corporations, the property is also within walking distance of numerous upscale restaurants, retail shops and business offices. Only a 30-minute drive from Rajiv Gandhi International Airport (HYD), the hotel is easily accessible for business and leisure travelers alike.

"We are pleased to bring the Sheraton brand to the city of Hyderabad which is a fast growing business epicentre," said Ashish Jakhanwala Founder & CEO of SAMHI Hotels Private Limited. "The hotel is a testament to our successful partnership with Starwood and our commitment to building premium hotels that are successfully run, deliver great guest experiences and create value for our shareholders. We are eager to further strengthen this association with the Sheraton brand and Starwood."

Boasting 272 modern and stylishly designed rooms, the property also features a spa for guests to unwind, a pool and the state-of-the-art Sheraton Fitness® center. Feast, the hotel's signature all-day dining venue, offers an interactive dining experience with live cooking stations and show kitchens. In the coming months the hotel will also open Azia, a Pan Asian speciality restaurant, and Chimes, a rooftop bar offering captivating panoramic views. The hotel includes more than 950 square metres of ballroom, boardroom, and meeting room space. All venues are equipped with audio-visual technology and are backed by an outstanding events team.

"The Sheraton Hyderabad Hotel is a highly anticipated addition to the Sheraton brand's global portfolio and marks an increased demand for hotels in emerging markets within India's bustling metropolitan cities," said Dilip Puri Managing Director India and Regional Vice President South Asia, Starwood Hotels and Resorts India Private Limited. "It is also yet another example of our conversion friendly strategy that highlights our ability to convert hotels successfully within a short period of time and have them join our system as we continue to deliver value to our partners and create compelling experiences for our guests."

Hyderabad is also home to many historic and tourist sites, such as the ancient mosque Charminar, the Salar Jung Museum, the Nizam's Museum, the Falaknuma Palace, and the famous retail corridor encompassing the Pearl Market, Laad Bazaar and Madina Circle. Additional recreational activities include the picturesque Public Gardens, which encloses many major landmarks, and the Birla Planetarium. Ramoji Film City, the largest moviemaking facility in the world, is an hour's drive from town.

"We look forward to welcoming our guests to the new Sheraton Hyderabad Hotel and expect the hotel to become a local hotspot, attracting both savvy travelers and tech professionals to experience the global hotel brand of choice," stated Dietmar Kielnhofer, Complex General Manager, Sheraton Hyderabad Hotel.

To find out more log on to www.Sheraton.com/hyderabad.

About Sheraton Hotels & Resorts

Sheraton Hotels & Resorts is on a mission to bring people together through communal experiences because we believe that travel is better when shared. As the largest and most global brand of Starwood Hotels & Resorts Worldwide, Inc., Sheraton helps guests make connections at more than 430 hotels in more than 75 countries around the world through signature offerings such as the exclusive Sheraton Club lounge and Paired, our new menu of expertly matched small plates, premium wines and craft beers. The brand recently launched Sheraton 2020, a comprehensive 10 point plan designed to make Sheraton the global hotel brand of choice, everywhere. Sheraton, like all brands within the Starwood portfolio, is proud to offer the Starwood Preferred Guest® program, the industry's leading loyalty program. To learn more, visit www.sheraton.com.

Contact:
Akanksha Maheshwari
[email protected]
01246768000

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