Four Points by Sheraton Hotel Opens in New York's Chic Chelsea District

Pictured L-R: Keith Lam, Director of Chelsea Grand LLC, John Lam, Chairman of Chelsea Grand LLC, Hoyt Harper II, Senior Vice President of Four Points by Sheraton and Hung Luk, Executive Director of Chelsea Grand LLC, during the opening of the Four Points by Sheraton Manhattan Chelsea, Wednesday, March 3, 2004 in New York.

WHITE PLAINS, N.Y.--()--March 4, 2004--

  Starwood's First Mid-Priced Property in Manhattan Celebrates Opening with Affordable Introductory Package With Rates Starting at $169  



Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), the largest hotel operator in Manhattan, has opened its first mid-priced property in New York City - the Four Points by Sheraton Manhattan Chelsea. The newly built 158-room hotel, located in the fashionable Chelsea district of Manhattan, known for its multitude of galleries, eclectic nightlife, outstanding restaurants and shopping, is offering an introductory package with affordable rates starting at just $169. The hotel is owned by Chelsea Grand, LLC and managed by Interstate Hotels & Resorts.

In honor of its opening, Four Points by Sheraton Manhattan Chelsea is offering a special "Four Your Comfort" package, with rates starting at $169 for the first night and $40 off a second night's stay through May 1, 2004. In addition to complimentary high-speed Internet access, bottled water and newspapers in guest rooms, this introductory package also includes a complimentary champagne turndown. For reservations, book online at www.fourpoints.com or call 1-800-368-7764 and mention promotional code FOUR1. Some restrictions apply. Visit the website for terms and conditions.

Located on the south side of West 25th Street between 6th and 7th Avenues, the 22-story, 158-room, Four Points by Sheraton Manhattan Chelsea features a traditional brick and stucco exterior with a chic vintage sport interior and all of the quality guest services and amenities of the Four Points by Sheraton brand. The hotel features two suites on the 22nd floor that offer commanding views of the midtown Manhattan skyline. Chelsea is well known for its art galleries, designers, restaurants, bars and lounges. The hotel is located within a 1 1/2 mile radius of almost every major business sector in New York and is near FIT (Fashion Institute and Technology), the fur district, the toy and gift district and the flower district.

"Adding this Four Points by Sheraton property confirms our commitment to meet the demand for quality full-service hotels in the mid-priced market, a true distinction for the brand," said Hoyt Harper, the brand's senior vice president. "Bringing the Four Points by Sheraton brand to Manhattan adds great value to Starwood's already strong presence in New York City. Since its inception in 1995, the Four Points by Sheraton brand has grown to 136 properties (111 in North America) in 16 countries and is gaining the recognition it deserves as the mid-scale brand for business and leisure travelers, as well as the meetings market."

Starwood Hotels & Resorts is the largest hotel operator in New York City with 13 properties including the Sheraton New York Hotel & Towers, The St. Regis, The Westin New York at Times Square and the newest of its five W hotels in New York, W New York - Times Square. With the opening of the Four Points by Sheraton Manhattan Chelsea, every Starwood brand is represented in New York City.

The Four Points by Sheraton Manhattan Chelsea is not only unique in its urban center location, but also in its styling - representative of what one will come to expect from Four Points by Sheraton as the brand continues to grow. In addition to the sleek decor, all guest rooms are spacious and feature a comfortable workspace and two telephones with dataport, free high-speed Internet access (HSIA) and complimentary bottled water. Same-day laundry and dry cleaning service and delivery are available on weekdays. A full-service restaurant offering Asian-Fusion cuisine - located on the lobby level and featuring a lively glassed atrium setting - will open in May. Room service with a 30-minute guarantee, a fitness facility, business services, and two Executive Boardrooms featuring plasma screen TVs, are also part of the guest services.

Four Points by Sheraton, with 136 properties in 16 countries, is owned by Starwood Hotels & Resorts Worldwide, Inc. and was voted the number one mid-priced hotel brand two years in a row by Business Travel News' "Annual U.S. Hotel Chain Survey." Starwood Hotels & Resorts is one of the leading hotel and leisure companies in the world with more than 740 properties in more than 80 countries and 105,000 employees at its owned and managed properties. With internationally renowned brands, Starwood is a fully integrated owner, operator and franchisor of hotels and resorts including: St. Regis, The Luxury Collection, Sheraton, Westin, Four Points by Sheraton, W brands, as well as Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwood.com

Please contact Starwood's new, toll-free media hotline at (866) 4-STAR-PR (866-478-2777) for photography or additional information.

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Contacts

Starwood Hotels & Resorts Worldwide, Inc.
Mark Ricci, 914-640-8496
mark.ricci@starwoodhotels.com

Contacts

Starwood Hotels & Resorts Worldwide, Inc.
Mark Ricci, 914-640-8496
mark.ricci@starwoodhotels.com