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

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 15th century and later designed and inhabited by Spanish conquistadors in the 16th 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.

Contacts:

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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