Starwood Expects 71 Hotel Openings, 125 New Hotel Management and Franchise Agreements by Year End

Starwood Hotels & Resorts Worldwide, Inc.

today announced that, despite ongoing macroeconomic and geo-political uncertainty, 2012 was a year of the most deal signings since before the global economic crisis. Before year-end, the company expects to have signed in excess of 125 new hotel management and franchise agreements, surpassing last year's deal signings by approximately 13 percent. By year end 2012, Starwood expects to have opened 71 new hotels, representing approximately 18,500 rooms in 20 countries, strengthening its global lead and expanding its footprint particularly in developing markets. Since 2007, Starwood has added over 100,000 gross new hotel rooms to its system. “Starwood's nine highly sought-after