2007'05.16.Wed
Starwood Hotels & Resorts Continues Expansion Momentum In India With Signing Of Eleven New Contracts
Starwood Hotels & Resorts Continues Expansion Momentum In India With Signing Of Eleven New Contracts
May 14, 2007
The Luxury Collection Makes a Grand Entrance into India with Seven New Properties WHITE PLAINS, N.Y. and SINGAPORE, May 14 /Xinhua-PRNewswire/ -- Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announces eleven new franchise agreements with ITC Limited. Illustrating Starwood's strategy to aggressively grow its footprint in India ¨C the fastest growing Asia Pacific market for international spending ¨C the franchise agreements also represent the introduction of The Luxury Collection brand and the expansion of the Sheraton brand into the country. As a result of Starwood's expansion into India, travelers will soon have access to 23 hotels in the country under the Sheraton, Westin, The Luxury Collection and Le M¨¦ridien brand umbrellas. "We are thrilled to introduce The Luxury Collection brand to India and to expand the footprint of the Sheraton brand, perfectly complementing our existing portfolio of properties," commented Miguel Ko, President of Starwood Hotels & Resorts, Asia Pacific. "We are eager to embrace the tremendous growth opportunities in both the gateway and secondary cities of India." As part of the agreement and following significant renovations in recent months, seven existing Sheraton hotels in India will be re-flagged under Starwood's The Luxury Collection brand. Additionally, franchise agreements for three existing Sheraton hotels have been extended and an existing Welcomhotel in Delhi will be re-branded as a Sheraton. The seven Luxury Collection hotels are located in Bangalore, New Delhi, Agra, Hyderabad, Mumbai and Kolkata and the four Sheraton properties are located in Chennai, Jaipur and New Delhi. The Luxury Collection ITC Mughal - Agra The Luxury Collection ITC Mughal Agra hotel is situated near the center of the city of Agra on 35 acres of beautifully landscaped lawns and gardens and in close proximity to the Taj Mahal. Among its accolades, the hotel has received the Aga Khan Award for excellence in Mughal Architecture and has been awarded the British Safety Council's Sword of Honour Award for its commitment of safety. The hotel offers 285 guestrooms, over 6,000 square feet of meeting facilities and a Taj Mahal viewing observatory. The Luxury Collection ITC Windsor Manor - Bangalore The garden city of Bangalore, with its pleasant year-round climate and cosmopolitan atmosphere, provides the graceful setting for The Luxury Collection ITC Windsor Manor. The hotel's architecture dates back to the British Regency period, with 240 guest rooms and suites designed to re-create the elegance and fine living of the era. The hotel is located three miles from the center of the city and seven miles from the airport. With a fully equipped business center and seven meeting rooms, the hotel is ideal for business and leisure travelers alike. The Luxury Collection ITC Kakatiya - Hyderabad Commemorating the legendary spirit of the Kakatiya dynasty, The Luxury Collection ITC Hotel Kakatiya envelopes each guest in Kakatiya art and sculpture. Overlooking the picturesque Hussain Sagar Lake, The Luxury Collection ITC Hotel Kakatiya offers 188 elegantly furnished rooms and suites, along with state-of-the art business and conference facilities. The hotel is ideally located in the new commercial heart of Hyberabad and is just six minutes from the airport. The Luxury Collection ITC Sonar Bangla - Kolkata The Luxury Collection ITC Sonar Bangla is located in Kolkata - commonly referred to as the intellectual capital of the country. Surrounded by 16 acres of lush greenery and water, the hotel boasts a relaxed, yet luxurious ambience with 238 guestrooms, eight meeting rooms and the finest leisure facilities, including a spa, tennis courts, and a chip-and-putt golf course. The hotel's Executive Club Rooms are also the largest in the city in their category. The Luxury Collection ITC Grand Central-Mumbai The vibrant center of Mumbai is now home to The Luxury Collection ITC Grand Central, Mumbai. India's tallest hotel, at 30 stories, the hotel reflects the colorful patchwork of cultures that the city is known for ¨C its colonial past, modern present, old English charm, warm Indian hospitality, as well as modern facilities for business and leisure travelers. The hotel offers the finest business and leisure facilities, 242 guest rooms and suites and 6 conference suites. The Luxury Collection ITC Grand Maratha-Mumbai Located a mere 10 minutes from the Mumbai International Airport, The Luxury Collection ITC Grand Maratha celebrates the spirit of Mumbai, the economic powerhouse and the entertainment capital of India. Designed in a classical style, the hotel reflects Mumbai's Victorian past and the blending of its local cultures. This prestigious property offers 386 elegantly appointed guestrooms that include Deluxe, Luxury and Presidential Suites, as well as extensive meeting facilities. The hotel is also close in proximity to the business districts of North and Central Mumbai and is within commuting distance from South Mumbai. The Luxury Collection ITC Maurya - New Delhi Located in New Delhi's exclusive diplomatic enclave, the Luxury Collection ITC Maurya is only a 20-minute drive from the airport and city center. The hotel offers 440 rooms, in a range of categories, including uniquely designed suites, exclusive ITC One rooms, Luxury rooms, Tower rooms and Executive Club rooms. The hotel also offers a Ladies Only Eva Floor exclusively for female travelers. The hotel features a banquet hall, as well as seven boardrooms for meetings and the award-winning Bukhara North India restaurant. Sheraton Chola Hotel, Chennai Ideally situated in the bustling commercial capital of Chennai, the Chola Sheraton is located in the city where the British chapter of Indian history began. The hotel is just seven miles from the airport, three miles from the railroad station, and one mile from downtown Madras. The hotel welcomes guests with 92 oversized guest rooms and suites, concierge services, as well as five meeting rooms. Sheraton Park Hotel & Towers, Chennai Just seven miles from the airport, Sheraton Park Hotel & Towers is situated in the heart of one of India's most thriving and exciting cities, Chennai. The hotel offers 283 well-appointed guest rooms and suites, eight meeting rooms, an outdoor swimming pool as well as six restaurants and bars for guests. Sheraton Rajputana Palace Hotel, Jaipur Strategically located near Jaipur's city center and the international airport, Sheraton Rajputana Palace Hotel, Jaipur features 216 guestrooms, six meeting rooms and four restaurants and lounges. Sheraton New Delhi Hotel, New Delhi Located in the serene residential area of Saket, Sheraton New Delhi Hotel is just 5 minutes away from the nearest Golf Course and the trendy PVR Anupam Cinema Complex & Entertainment center, 15 minutes from Historic Qutab Minar, and 35 minutes from the Indira Gandhi International Airport. The hotel offers 220 guestrooms, including 67 Executive Club rooms and six conference suites About The Luxury Collection The Luxury Collection is famed for its collection of over fifty-five magical hotels, including the Hotel Danieli in Venice, the Hotel Grande Bretagne in Athens, the Hotel Imperial in Vienna and The Phoenician in Scottsdale, USA. As the third largest luxury hotel chain in the world, The Luxury Collection ( http://www.luxurycollection.com ) is dedicated to providing our global guest with an exceptional level of service that is crafted to meet their personal needs and expectations, nothing less will do. Our local ambassadors will ensure that each stay is an enriching experience of the senses, with a flare for exploration and adventure. This is what it means to be part of The Luxury Collection Brand. About Sheraton Hotels Sheraton, the largest brand of Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) has more than 394 hotels in 65 countries. Starwood Hotels & Resorts 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(R) Hotels is a fully integrated owner, operator and franchisor of hotels and resorts with the following internationally renowned brands: St. Regis(R), The Luxury Collection(R), Sheraton(R), Westin(R), Four Points(R) by Sheraton, W(R), Le M¨¦ridien(R) 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 http://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.) For more information, please contact: Hwee Peng Yeo Director of Corporate Communications Manager, Asia Pacific Starwood Hotels & Resorts Worldwide Inc. Tel: +65-6335-4837 Email: hweepeng.yeo@starwoodhotels.com
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