Starwood to introduce two of its brands to Macao

Asia-Pacific

Starwood Hotels & Resorts Worldwide has reached an agreement with Las Vegas Sands Corporation to develop two hotels on the COTAI Strip development in Macao: The Sheraton(R) Macao Hotel and…

Starwood Hotels & Resorts Worldwide has reached an agreement with Las Vegas Sands Corporation to develop two hotels on the COTAI Strip development in Macao: The Sheraton(R) Macao Hotel and The St. Regis(R) Hotel & Residences, Macao. The 4,000-room Sheraton Macao Hotel is expected to open in 2008 and the 460-room St. Regis Hotel and over 400 St. Regis Residences will open in 2009. The Sheraton hotel will be the largest hotel to be built on the strip, as well as Starwood`s(R) largest hotel globally.

The two-hotel project is poised to provide a major presence for Starwood in Macao, as well as being an integral part of a new flagship development in the new Las Vegas of Asia. The COTAI Strip is a master planned development of resort casino properties on COTAI, an area of reclaimed land between the islands of Taipa and Coloane in Macao.

Starwood is excited to bring two of its renowned brands to the fast-growing COTAI Strip. The Sheraton and St. Regis brands each bring to life their own distinct brand positionings, delivering a differentiated travel experience for travelers, commented Miguel Ko, President of Starwood Hotels & Resorts, Asia Pacific.

With the growth in demand for gaming in Macao and the government`s active plans to promote Macao as a top destination, we expect demand in travel to grow steadily, added Ko.

Starwood is a well-respected international company and the Sheraton and St. Regis brands are synonymous with superior quality and service, said William P. Weidner, President and Chief Operating Officer of Las Vegas Sands Corp. Their presence on the COTAI Strip speaks volumes to the commitment we all have of establishing Macao as a true leisure and business travel destination.

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