Starwood Hotels & Resorts Expands Footprint in Peru with the Debut of Palacio del Inka, a Luxury Collection Hotel, Cusco

  Starwood Hotels & Resorts Expands Footprint in Peru with the Debut of
  Palacio del Inka, a Luxury Collection Hotel, Cusco

 Located at the heart of Peru’s historic capital, the Iconic Palacio del Inka
              Marks The Luxury Collection’s Third Hotel in Peru

Business Wire

CUSCO, Peru -- August 5, 2013

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announces the
iconic Palacio del Inka in Cusco joins The Luxury Collection portfolio
following an extensive $15 million renovation. Owned by Libertador Hotels,
Resorts & Spas, Palacio del Inka, a Luxury Collection Hotel, Cusco has been
redesigned for a new generation of luxury travellers, offering discreet and
personalized service in the in the iconic ancient capital of Peru. With this
opening, Starwood expands its footprint in Peru where it now operates six
hotels and resorts, including three under The Luxury Collection brand.

“Latin America has a vast landscape with unique destinations that are ideal
for global explorers seeking one-of-a-kind experiences with exceptional
service and style. As a result, The Luxury Collection brand portfolio
continues to grow in the region, where we now have 11 hotels, from Argentina
to Mexico,” said Osvaldo Librizzi, Co-President, Starwood Hotels & Resorts,
Americas. “We are honored to welcome Palacio del Inka, which embodies
centuries of history, richness and indigenous charm into our Luxury Collection
portfolio. We are certain that it will become the favorite of the new
generation of luxury travelers visiting the region for years to come.”

Situated at the heart of Cusco, the historic Palacio del Inka is located
directly across from the preserved ruins of the Koricancha, or Temple of the
Sun. With a striking Spanish Colonial façade, Palacio del Inka was originally
part of the Incan civilization in the early 15^th century and later designed
and inhabited by Spanish conquistadors in the 16^th century. The hotel is a
true reflection of Cusco’s diverse and vibrant culture, architecture and
design. The extensive two-year project was led by Latin America architectural
and interior design firm Caparra Entelman & Asociados, in collaboration with
local artisans, craftsmen and the community.

“We are thrilled to welcome Palacio del Inka - a hotel that is at once a
portal to the rich cultural heritage of Cusco and a gateway to experience the
city’s diverse art, design and cuisine,” said Paul James, Global Brand Leader,
The Luxury Collection, St. Regis Hotels & Resorts and W Hotels Worldwide.
“Once reserved for backpackers, Cusco has become a ‘must’ for a new generation
of luxury travelers, and we are thrilled to unlock the destination for our
global guests, as only The Luxury Collection can.”

Luxurious Accommodations

Palacio del Inka features 203 luxuriously appointed guestrooms, including 17
Casa de los Cuatro Bustos Suites. The ancient walls are still part of the
structure while the interior design, paintings, and furnishings evoke Peru's
colonial past. The suites boast 13-foot ceilings and exuberantly rich
textiles, and all guestrooms feature custom-designed carved wooden doors,
chests and writing desks which complement vintage paintings and mirrors: both
celebrating the hotel’s distinct personality while preserving its authentic
elegance and rich heritage of the building.

Indigenous Treatments at The Spa at Palacio del Inka

A tucked away sanctuary, the spa at Palacio del Inka creates a residential
atmosphere using grained tornillo woods, varnished in a dry dark green, for
the spa’s furniture, common in traditional Cusco houses. The gold patina doors
and the equally rich gilded tones of the wallpaper complement the local
Travertine Angelica marble of the spa suites. Committed to creating luxurious
and indigenous experiences, the spa offers a signature treatment called
Qoricancha, a revitalizing body therapy that wraps your skin in 24 karat gold,
the most beloved treasure of the Incas, resulting in a glamorous golden glow.

Decadent Peruvian Epicurean Experiences

Dining at Palacio del Inka offers indigenous and distinctive culinary options
that indulge the senses. Inti Raymi restaurant offers innovative international
cuisine, incorporating seasonal and local Peruvian ingredients. Local artisans
were commissioned to restore the arches that connect the restaurant to the
courtyard patio, which is at the heart of the hotel and gives it an energetic
atmosphere for breakfast and lunch. For dinner, candle-filled lanterns create
an especially evocative mood. Rumi Bar promises a decadent dining experience
designed with an original Incan wall at the center, draped with silk and
velvet curtains and accented by iron chandeliers. The bar features an
extensive wine and cocktail menu, including their famous Pisco Sour.

Luxury Facilities: Meeting & Events

Palacio del Inka boasts five event spaces with seating capacity for up to 400
guests, all of which have been painstakingly restored by local artisans to
recraft the original ceilings and recreate a Damascus-like design aesthetic
with hues of sand and silver brought to life by the natural light, which
bathes the spaces.

For more information, please visit: Palacio del Inka, a Luxury Collection
Hotel, Cusco.

About Starwood Hotels & Resorts Worldwide, Inc.

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and
leisure companies in the world with 1,162 properties in nearly 100 countries
and 171,000 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. Regis®, The Luxury
Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton,
Aloft®, and Element®. The Company boasts one of the industry’s leading loyalty
programs, Starwood Preferred Guest(R) (SPG), allowing members to earn and
redeem points for room stays, room upgrades and flights, with no blackout
dates. Starwood also owns Starwood Vacation Ownership, Inc., a premier
provider of world-class vacation experiences through villa-style resorts and
privileged access to Starwood brands. For more information, please visit
www.starwoodhotels.com.

About The Luxury Collection Hotels & Resorts

The Luxury Collection® is a collection of hotels and resorts offering unique,
authentic experiences that evoke lasting, treasured memories. For the global
explorer, The Luxury Collection offers a gateway to the world's most exciting
and desirable destinations. Each hotel and resort is a unique and cherished
expression of its location; a portal to the destination's indigenous charms
and treasures. Magnificent decor, spectacular settings, impeccable service and
the latest modern conveniences combine to provide a uniquely enriching
experience. Originated in 1906 under the CIGA brand as a collection of
Europe's most celebrated and iconic properties, today The Luxury Collection
brand is a glittering ensemble of more than 85 of the world's finest hotels
and resorts in more than 30 countries in bustling cities and spectacular
destinations around the world. The Luxury Collection includes award-winning
properties that continuously exceed guest expectations by offering
unparalleled service, style and class while celebrating each hotel's
distinctive heritage and unique character. All of these hotels, many of them
centuries old, are internationally recognized as being among the world's
finest. For more information, please visit www.luxurycollection.com

About Libertador Hotels, Resorts & Spas

Libertador Hotels, Resorts & Spas is Peru’s leading hotel group, offering an
authentic Peruvian experience for discerning travelers who have a passion for
deep local flavors and culture. Palacio del Inka marks the third new opening
in conjunction with Starwood’s Luxury Collection, including 2009’s Hotel
Paracas on the stunning coast south of Lima and Tambo del Inka in the Sacred
Valley. In addition to Palacio del Inka, the current Libertador portfolio
includes properties in Arequipa, Cusco, Lima (The Westin and Libertador Lima),
Paracas, Puno (directly on Lake Titicaca), Trujillo and Urubamba.

Note: This press release contains forward-looking statements within the
meaning of federal securities regulations. Forward-looking statements are not
guarantees of future performance and involve risks and uncertainties and other
factors that may cause actual results to differ materially from those
anticipated at the time the forward-looking statements are made. Further
results, performance and achievements may be affected by general economic
conditions, including the duration and severity of any global or regional
economic downturns, the availability of financing alternatives at acceptable
terms, the impact of war and terrorist activity, business and financing
conditions, foreign exchange fluctuations, cyclicality of the real estate
(including residential) and the hotel and vacation ownership businesses,
operating risks associated with the hotel, vacation ownership and residential
businesses. These risks and uncertainties are presented in detail in our
filings with the Securities and Exchange Commission. Although we believe the
expectations reflected in such forward-looking statements are based upon
reasonable assumptions, we can give no assurance that our expectations will be
attained or that results will not materially differ. We undertake no
obligation to publicly update or revise any forward-looking statement, whether
as a result of new information, future events or otherwise.

Contact:

Press:
Global Public Relations, The Luxury Collection Hotels & Resorts
Katie Roberts, 212-380-4049
Katie.Roberts@starwoodhotels.com
or
Global Public Relations, The Luxury Collection Hotels & Resorts
Simon Neggers, 212-380-4029
Simon.Neggers@starwoodhotels.com
 
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