St. Regis Hotels & Resorts

St. Regis Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), today announced the debut of its iconic brand in India with the highly anticipated St. Regis Mumbai in the third quarter of 2015. Owned by Pallazzio Hotels & Leisure Ltd., the Palladium Hotel is currently undergoing an extensive rebranding and will soon fly the St. Regis flag, bringing bespoke luxury and refined elegance to the city of Mumbai. Located in Lower Parel, one of the most prestigious addresses in the city, the hotel combines timeless sophistication with modern luxury and is a befitting debut for the St. Regis brand in this fast growing market.

"We are very excited to bring the St. Regis brand to India," said Jim Petrus, Global Brand Leader, St. Regis Hotels & Resorts. "Starwood is maintaining strong growth momentum in the region and the arrival of St. Regis in Mumbai reinforces our commitment to growing our luxury portfolio in this important market. With the hotel's strategic location, sophisticated service and refined elegance, we look forward to offering guests an unparalleled experience true to both the destination and the St. Regis legacy."

"This signing underscores our belief in the power of Starwood," said Amit Bhosale Executive Director ABIL Group and Director Pallazzio Hotels & Leisure Ltd. "Starwood's global reach and its powerful loyalty program will further strengthen our outreach to affluent travellers and elevate India's luxury hospitality landscape."

Atul Ruia Managing Director Phoenix Mills Ltd and Director Pallazzio Hotels & Leisure Ltd added, "We are very excited to partner with Starwood Hotels. With the St. Regis legacy and its renowned bespoke service, The St. Regis Mumbai is poised to become a destination for discerning luxury travellers and the city's social glitterati."

Located in the sophisticated Lower Parel area, less than half an hour drive from Chhatrapati Shivaji International & Domestic Airport terminals in Mumbai and a quick and easy drive across the iconic Worli Sea Link, the hotel will offer easy access to upscale restaurants and pubs, premium office space, chic boutiques and luxury real estate. Adjoining the hotel is the famous Palladium, the only luxury retail shopping center in the city which houses some of the world's most celebrated luxury brands.

The 38-story St. Regis Mumbai will feature 386 well-appointed guest rooms, including 60 suites. The hotel's sophisticated culinary offerings will include an all-day dining restaurant featuring a wide range of gourmet selections from around the world, four specialty restaurants, a club lounge, and three bars. Guests will be able to indulge in the legendary world renowned Bloody Mary cocktail, born at the flagship St. Regis New York hotel in the early 1900s.

Other leisure facilities include a swimming pool and a fitness center. For meetings and events, the hotel will offer over 5,200 square meters of unrivalled event space including a 4200-square-meter grand ballroom.

The St. Regis Mumbai will join a growing portfolio of Starwood hotels in India where the company currently operates 43 hotels, with an additional 37 hotels in the pipeline. Starwood is India's largest luxury and upper upscale hospitality company. In addition to The St. Regis Mumbai, the company is set to debut more new hotels in the next two years including W Retreat & Spa Goa, The Westin Kolkata, Sheraton Hyderabad, Le Meridien Nagpur and Aloft New Delhi Aerocity.

Source: StarwoodSource: Starwood
Source: Starwood

To learn more, please visit www.stregis.com.

About Starwood Hotels & Resorts Worldwide, Inc.
Starwood Hotels &

Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 1,300 properties in some 100 countries and approximately 188,000 employees at its owned and managed properties. Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences under the renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®,Tribute Portfolio™, Four Points® by Sheraton, Aloft®, and Element®, along with an expanded partnership withDesign Hotels™. The company also boasts one of the industry’s leading loyalty programs, Starwood Preferred Guest (SPG®). Visit www.starwoodhotels.com for more information and stay connected @starwoodbuzz on Twitterand Instagram and facebook.com/Starwood.