Logo 'Westin Hotels and Resorts'

WHITE PLAINS, N.Y. | Westin Hotels & Resorts, the upper-upscale brand of parent company Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced a joint development between Welcome Holdings, Inc. and First American Hotels, Inc. of Raleigh, North Carolina to open its first hotel in the Tar Heel State’s capital city. Welcome Holdings and First American Hotels will deliver the Westin brand of modern luxury, spectacular comfort and a vitality of style and spirit in a newly developed 225-room (including 150 luxury suites) hotel directly adjacent to the Crabtree Valley Mall.

“We are thrilled that this hotel is setting a new standard for luxury accommodations in such a vibrant and energetic city such as Raleigh,” noted Paul Sacco, Vice President, Development, Starwood Hotels & Resorts. “Having just opened a Westin in Charlotte last year and soon in Raleigh, we recognize that North Carolina is a key destination for both the leisure and business traveler. Raleigh is not only the center for government in the state but also home to major corporations and businesses which will definitely attract the meetings market.”

The hotel will be located immediately adjacent to the Crabtree Valley Mall in what is referred to as “The Triangle” business complex, is set to debut in summer 2005. The Westin at Crabtree Valley will be minutes away from RDU International Airport, Research Triangle Park and downtown Raleigh offering a fine selection and choice of shopping, dining and nightlife venues.

The hotel will offer the brand’s finest in amenities and services including the Westin Heavenly Bed®, Westin Heavenly Bath®, Westin Service Express®, Westin One Call® and Westin WorkoutSM and services unequalled by hotels in the Southeastern United States, such as luxury limousine car service, banking and travel desks, 24-hour concierge and 42-inch plasma screen televisions. In addition, the hotel will feature a luxurious grand lobby including a piano/jazz bar, rooftop garden terrace, and heated swimming pool. The Westin at Crabtree Valley will also feature 10,000-square feet of meeting space, a proposed 40,000-square foot world-class wellness spa, elite destination retail shops, and two restaurants including a five-star signature restaurant.

Westin will bring modern luxury to Raleigh by delivering unmatched comfort and outstanding service to professional business and leisure travelers in an environment characterized by an elegant, calming and subdued sense of style. Westin's signature Heavenly Beds will be in all guest rooms and suites, providing guests with the ultimate in comfort. Sumptuous, stylish and plush, the all-white Heavenly Bed consists of a custom designed pillow-top mattress set; a down blanket; three crisp sheets ranging in thread count from 180 to 250; luxurious duvet; and five of the best pillows in the business. To complement the bed, Westin will also install its highly acclaimed Heavenly Bath, which includes a custom-designed dual showerhead that provides guests with a therapeutic shower spa, featuring several spray options, from light mist to massaging needles and a curved shower rod that adds an extra eight inches of elbow room.

The Westin at Crabtree Valley will become the fourth Starwood property to open in the Raleigh-Durham metropolitan area and will join its three sister hotels including the Sheraton Raleigh Capital Center Hotel, the Sheraton Imperial Hotel & Convention Center in Durham, and the Sheraton Chapel Hill Hotel in Chapel Hill.

Westin Hotels & Resorts, with 122 hotels and resorts in 30 countries and territories, is owned by Starwood Hotels & Resorts Worldwide, Inc. and was voted the number one upper-upscale hotel brand for three years in Business Travel News' "Annual U.S. Hotel Chain Survey." Starwood is one of the leading hotel and leisure companies in the world with more than 740 properties in more than 80 countries and 110,000 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.

Christine Sarubbe
914-640-8408
Starwood