Friday, October 24, 2008

Sheraton Hotels & Resorts Debuts in Republic of Maldives

Sheraton Maldives Full Moon Resort & Spa Adds More Depth to the Rapidly Growing Sheraton Resorts Portfolio

SINGAPORE - – Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) has announced a joint venture agreement with Full Moon Private Limited to rebrand the Full Moon Resort to Sheraton Maldives Full Moon Resort & Spa. (top left photo)

Starwood is extensively refurbishing the 156-room resort, which is located on its own private island in the Republic of Maldives, and targets to officially open the resort as a Sheraton on December 1.

The addition of Sheraton Maldives Full Moon Resort & Spa heralds the aggressive growth of the brand’s portfolio of world-class resorts in desirable destinations across the globe.

Sheraton currently offers more than 16 resorts in Asia Pacific, in locations such as Fiji, Japan, China, Indonesia, Guam and Australia. And there are Sheraton resorts under development in markets like Taiwan, India and Spain.

“The Sheraton brand is familiar and well-known to travelers, and the addition of this spectacular hotel to our beautiful collection of upper upscale resorts located throughout the world gives leisure travelers more reasons to love us,” said Miguel Ko, (middle right photo) President, Starwood Hotels & Resorts, Asia Pacific.

“The Maldives woos tourists with promises of 'the last paradise on earth', with its pure white beaches, pristine turquoise lagoons and spectacular and diving resorts. Together with W Retreat & Spa, Maldives, we are thrilled to be able to offer travelers different resort experiences that reflect their preferences and personalities, and ultimately create a truly memorable travel experience for them, “added Ko.

W Retreat & Spa, Maldives is the first W resort in the world and has been making waves since September 2006.

The W resort is owned by a joint venture between an affiliate of Starwood Hotels & Resorts Worldwide, Inc. and Universal Enterprises Private Limited, the parent company of Full Moon Private Limited.

Sheraton Maldives Full Moon Resort & Spa is located on its own private island, Furana Fushi, (bottom left photo) in the North Male Atoll and a 20 minute boat ride from Male International Airport. In addition to the 156 rooms, Sheraton also welcomes guests with 7 restaurants and bars, a spa, and various indoor and outdoor recreational activities.

CONTACT:

Hwee-Peng Yeo
Director, Corporate Communications
Starwood Asia Pacific Hotels & Resorts Ltd
9 Temasek Boulevard, Suntec City Tower 2
#24-02, Singapore 038989

Tel : +65 6335 4837; Cell : +65 9768 6087; +65 9248 0424
Fax : +65 6335 4820
www.starwoodhotels.com; www.starwoodpressclub.com

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