Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: STARWOOD INTRODUCES SPG HOT ESCAPES; WEEKLY FLASH SALES SHOWCASE STARWOOD’S EXCLUSIVE GLOBAL HOTELS AND RESORTS Limited-Time Offers Feature a Minimum 20 Percent off Hotel and Resort Stays; SPG Members Receive an Additional Five Percent off Already Reduced SPG Hot Escapes Bookings Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) and its award-winning Starwood Preferred Guest® (SPG®) program today announced the debut of SPG Hot Escapes, a flash sale travel site offering a weekly collection of global hotels and resorts available at competitive promotional rates. SPG Hot Escapes features exclusive, limited time offers on future travel with a minimum of 20 percent savings on stays booked through the website, and SPG members will receive an additional five percent on top of these savings. "We know our guests want to explore all of Starwood’s luxurious destinations around the world, and SPG Hot Escapes gives them the opportunity to visit our hotels while enjoying valuable savings,” said Chris Holdren, Senior Vice President, Starwood Preferred Guest. “With a new collection of hotels and resorts every week, guests will find even more inspiration to travel.” Every Wednesday, SPG Hot Escapes will be updated with new deals and destinations. Featured hotels and resorts can be booked until midnight on Saturday for stays within six weeks of booking at spg.com/escapes. Members will also earn Starpoints and their SPG benefits for any stays booked through SPG Hot Escapes. The first edition of SPG Hot Escapes will include special offers at the following Starwood hotels and resorts: • Westin Excelsior, Rome • W New York – Times Square • The Westin Diplomat • Royal Orchid Sheraton Hotel & Towers, Bangkok • St. Regis Deer Valley • W Scottsdale
• Le Meridien Etoile, Paris• Sheraton Libertador Hotel Travelers who are not yet SPG members and want to enjoy additional savings through SPG Hot Escapes can join the award-winning loyalty program by enrolling instantly at time of booking. SPG membership is free and guests begin earning Starpoints starting with their first stay. To book these exclusive savings visit spg.com/escapes. About Starwood Preferred Guest Starwood Preferred Guest® (SPG®) is an innovative, award-winning frequent traveler program that unites each of Starwood’s 9 distinctive hotel brands and includes more luxury hotels in more destinations around the world. SPG reinvented the hospitality loyalty landscape when it launched in 1999 with its breakthrough policy of no blackout dates, and over the years has continued its tradition of innovation with enhancements such as Cash + Points, SPG Moments SM, and most recently Your24 TM and SPG Lifetime TM. In addition to Free Night Awards at over 1,100 hotels and resorts and Award Flights on over 350 major airlines without blackout dates, the Starpoints® that members earn through SPG can be redeemed for access like to no other to experiences in music, sports and the arts through SPG Moments. SPG also has an ongoing commitment to digital innovation to meet the needs of today’s connected global traveler – from the SPG app for iPhone that utilizes state-aware technology to create a more personalized hotel stay to Starwood’s Best Rate Guarantee on SPG.com, to SPG’s integration within various social media platforms. Offerings such as these have helped SPG build a passionate member base among the world’s most frequent travelers. Learn more at spg.com and spg.com/moments and connect with us on twitter.com/spg , instagram.com/spg , facebook.com/spg , foursquare.com/spg , pinterest.com/spglife, and youtube.com/spg .