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Starwood Hotels & Resorts Expands Footprint in Thailand with Signing of Sheraton Phuket Grand Bay Resort

Slated to Open in Early 2019, New Sheraton® Property Will Boast Private Beachfront and Hillside Location on Thailand’s Largest Island

Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced the signing of an agreement with Grand Bay Hotel Co., Ltd., wholly owned by Apex Development Public Co., Ltd, to unveil theSheraton Phuket Grand Bay Resort. Slated to open in January 2019 on Thailand's largest island, the hotel will support the brand's Sheraton 2020 goal of adding 150 hotels in the next five years.

Starwood
Phuket, Thailand

PHUKET, Thailand -- Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced the signing of an agreement with Grand Bay Hotel Co., Ltd., wholly owned by Apex Development Public Co., Ltd, to unveil theSheraton Phuket Grand Bay Resort. Slated to open in January 2019 on Thailand's largest island, the hotel will support the brand's Sheraton 2020 goal of adding 150 hotels in the next five years.

"We look forward to partnering with Grand Bay Hotel Co., Ltd. to expand Starwood's robust footprint in Thailand," saidRajit Sukumaran, Senior Vice President for Acquisitions and Development, Starwood Hotels & Resorts. "With its idyllic beaches and lush rainforests, Phuket draws an unwavering number of inbound and domestic travelers, making it a strategic market for Sheraton and further driving formidable growth for Starwood in Asia Pacific."

Boasting a private beachfront and hillside location with unobstructed views of the sparkling Andaman Sea, the 200-room resort will feature all of the Sheraton brand's signature offerings, ranging from a premium sleep experience and rejuvenating bath amenities to a grandiose lobby area and bar serving the brand's new bar menu PairedSM, comprised of small plates served alongside local craft beer and premium wine. On-site facilities will include three distinctive dining venues, 1,326 square meters of meeting and event space, a luxurious spa, fully-equipped fitness center and picturesque outdoor swimming pool.

"We are delighted to partner with Starwood Hotels & Resorts, and we are confident that our respective strengths will steer this project toward success, elevating the hospitality offerings in Phuket with the iconic and globally renowned Sheraton brand," said Pongphan Sampawakoop, CEO of Grand Bay Hotel Co., Ltd.

Sheraton Phuket Grand Bay Resort is located in northeast Phuket in the Grand Bay area, home to the Ao Po Grand Marina. The hotel is an approximate 25-minute drive from Phuket International Airport and an hour's drive to Patong, the hub of entertainment on the island.

Sheraton Phuket Grand Bay Resort will join Starwood's dynamic Thai portfolio, which includes 22 properties operating under eight of the company's distinct global brands: St. Regis®, The Luxury Collection®, W® Hotels, Sheraton, Westin®, Le Méridien®, Aloft® and Four Points® by Sheraton. Starwood currently operates five Sheraton hotels in Thailand, including Sheraton Royal Orchid Sheraton Hotel & Towers; Sheraton Hua Hin Resort & Spa; Sheraton Hua Hin Pranburi Villas; Sheraton Samui Resort; and Sheraton Pattaya Resort. The brand's development pipeline also includes Sheraton Phuket Kalim Beach Resort, which is slated to open in 2018.

For more information, please visit www.sheraton.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.

Media Contact

Tanya Elm

Starwood Hotels & Resorts [email protected] 917-202-5309

Development Development Asia Pacific Thailand Phuket
Starwood
Hotel Group

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 1,200 properties in some 100 countries and over 180,000 employees at its owned and managed properties. Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St.

Sheraton
Brand by Marriott

Sheraton Hotels & Resorts makes it easy for guests to feel welcome at over 425 hotels and resorts in nearly 70 countries and territories around the world. As the most global brand within Marriott Bonvoy’s portfolio of extraordinary hotel brands sitting at the center of hundreds of communities around the world, Sheraton has a rich heritage in creating a sense of belonging for guests, wherever they are in the world.