“The major revitalization and rebranding of this special property will bring back the character of this hotel in a new and modern way,” said Jim Merkel, President and CEO of Rockbridge. “The rebranding coupled with the strength of the Starwood system, will position Le Méridien Indianapolis as the place to stay in Indianapolis.”“We look forward to the debut of Le Méridien in Indianapolis as we continue to accelerate portfolio growth across North America,” said Brian Povinelli, Global Brand Leader, Le Méridien and Westin. “Since acquiring the brand in 2005, Starwood has made significant investments in redeveloping Le Méridien, which unlocks the destination for guests through the arts, culture and cuisine in key cities around the world.” Le Méridien Indianapolis is walking distance to the Indiana Convention Center, Indiana Statehouse and the offices of numerous corporations including Eli Lilly, Brightpoint and Wellpoint. The hotel is convenient to the city’s theatres, museums, galleries and music venues, and a private entrance directly connects the hotel to the Circle Centre Mall, where guests can access the city’s climate-controlled, indoor Skywalk system. About Le Méridien Hotels & Resorts Le Méridien, the Paris-born hotel brand currently represented by nearly 100 properties in more than 40 countries, was acquired by Starwood Hotels & Resorts Worldwide, Inc. (NYS: HOT) in November 2005. With more than 80 of its properties located in Europe, Africa, the Middle East, and Asia-Pacific, Le Méridien provided a strong international complement to Starwood's then primarily North American holdings at the time of purchase. Since then, Le Méridien has gone through a brand re-launch, which included a large scale hotels product consolidation as well as redefining its brand strategy. Through creation of the LM100 artist community, Le Méridien has transformed numerous guest touch points, thus bringing unique, interactive and curated experiences to its guests. Plans call for dynamic expansion of Le Méridien Hotels and Resorts within the next five years, concentrating on markets in Asia-Pacific and the Americas. Le Méridien recently opened new hotels in Bali, Atlanta, Dallas, Istanbul, Oran (Algeria), Arlington (Virginia, USA), and Coimbatore (India), and will open in the next 12 months in Chicago, Zhengzhou (China), Mahabaleshwar (India), Ho Chi Minh City (Vietnam), Cairo (Egypt), Qingdao (China), Dhaka (Bangladesh), Tampa (Florida, USA) and Columbus (Ohio, USA). For more information, please visit www.lemeridien.com or www.facebook.com/lemeridien. Follow @lemerdienhotels on Instagram. About Rockbridge Rockbridge is an integrated hotel investment firm that has executed on over 325 hotel investments in 44 states over the past two decades. Since 1992, Rockbridge’s team has invested nearly $3 billion in the hospitality industry as part of approximately $5 billion of total transaction capitalization. The principals of Rockbridge have formed and managed ten hospitality-focused investment funds with predominantly institutional investors. For additional information about Rockbridge, visit www.rockbridgecapital.com. About Azul Hospitality Azul Hospitality Group, a Preferred Management Company for the Le Meridien brand, has a robust infrastructure of industry professionals with extensive experience in all aspects of hotel management and development services. The company’s primary focus is on upscale hotels and resorts, with unique destination and product attributes. Other recent projects with Starwood Hotels and Resorts include the Sheraton Carlsbad Resort & Spa in Carlsbad, California, the Aloft Cupertino in Cupertino, California, and the Sheraton Redding at Sundial Bridge in Redding, California. For additional information about Azul, visit www.azulhospitalitygroup.com.