Four Points by Sheraton Midtown-Times Square Debuts
JUNE 25, 2009 - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announces the debut of its Four Points by Sheraton brand in New York City's Times Square. Owned by Times Square West, LLC, Four Points by Sheraton Midtown-Times Square occupies a prime location on 40th Street in the heart of the New York City's Broadway theater district. The newly constructed, 244-room hotel is the brand's third hotel to open in New York City and joins Four Points by Sheraton Manhattan SoHo Village and Four Points by Sheraton Manhattan Chelsea.
Four Points by Sheraton has stepped up its growth in New York City as part of the brand's comprehensive global rejuvenation campaign. In the past five years, Starwood and its partners have invested more than $1 billion to reinvent Four Points by Sheraton resulting in a 70 percent turnover of the portfolio driven by major property renovations, conversions and new-build hotels. The brand also recently opened its first vacation resort hotel in Punta Gorda, Florida and launched its first prototype hotel in San Antonio, Texas.
"We are delighted to debut Four Points by Sheraton at the epicenter of New York City as a key part of our global growth and brand rejuvenation," said Brian McGuinness, Senior Vice President, Specialty Select Brands for Starwood. "Our expansion in New York City also addresses the rising demand for affordable and stylish lodging in urban areas."
Guests will be just steps from the best shows on Broadway, the site of the New Year's Eve ball drop and all the vibrant, electronic billboards that have made Times Square one of the world's most famous destinations. Also nearby are some of the city's finest restaurants, a variety of shops, and the corporate offices of the New York Times, Cond'e Nast, Ernst & Young, as well as the studios for NBC and CBS. Guests will also enjoy easy access to many of New York City's most well-known landmarks including the Empire State Building, Grand Central Station and Rockefeller Center.
The hotel's spacious and comfortable guest rooms all feature the Four Points by Sheraton Four Comfort Bed, a luxurious ensemble including a plush mattress, an assortment of pillows, and a fresh, white duvet. In-room technology includes free high-speed Internet access, as well as 32-inch, flat-screen televisions.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
