2. $6 Billion Reasons to Rediscover Sheraton 56 New Hotels Over 120 Renovated Hotels New and signature guest experience initiatives Driving a consistent experience across the globe [2][2] Sheraton Phoenix Downtown Hotel

3. Thrive on the Energy at the Link@Sheraton experienced with Microsoft The place to meet up, connect with free WiFi, grab a snack, catch the game, or work on a presentation Inspiring conversations, connections and bringing people together Link@Sheraton installed in over 95% of Sheraton Hotels [3][3] Sheraton Phoenix Downtown Hotel

4. New Sheraton Guest Room 70,000 New and Redesigned guestrooms New Sheraton Bed and white bedding receiving top reviews Flat panel TV, Starbucks coffee and Shine bath amenities [4][4] Sheraton Puerto Rico Hotel & Casino

5. Comprehensive guest program by world renown Core Performance (experts on fitness and nutrition) Currently available in over 40 Sheraton hotels – new centers added to portfolio monthly In addition to the gym, online training programs and healthy menu options help maintain fitness on the road [5][5] Sheraton Fitness by Core Performance

6. [6][6] The Sheraton Club – Upgrade to a higher level of comfort Sheraton offers more Club lounges than our competitors Be more productive or catch up with friends in the convenience of your own space Enjoy complimentary breakfast, HSIA and soda/snacks throughout the day Sheraton Centre Toronto Hotel

7. Overall Satisfaction Likelihood to Return to Hotel Likelihood to Recommend Hotel Likelihood to Return to Brand 8.21 8.26 8.19 8.83 Source: Guest Satisfaction Index Survey MEANINGFUL CHANGES ARE MAKING SHERATON GUESTS HAPPY (GUEST SATISFACTION SCORES 2007-2010, Feb YTD) [7][7]

8. 2010 – What’s Next Opening over 20 new properties worldwide Over 40 additional renovations will be completed this year Removing an additional 20 “off-brand” hotels Major renovation at the Sheraton New York improving brand presence in key gateway city to the world [8][8] Sheraton Puerto Rico Hotel & Casino

9. Five Reasons You Should Rediscover Sheraton I.Guest Satisfaction scores are the highest in Sheraton’s history II.Sheraton is growing in gateway cities and extraordinary resort destinations III.The new lobby experience exudes energy and inspires conversations ex: Link@Sheraton now at 95% of hotels IV.Sheraton’s new fitness facilities and programming are unmatched V.More Club lounges and resorts than any other hotel brand [9][9] Sheraton Puerto Rico Hotel & Casino

10. Five Reasons You Should Rediscover Sheraton I.Meeting Planner Satisfaction scores are the highest in Sheraton’s history II.Starwood brand growing in gateway cities with substantial meeting space III.The new lobby experience exudes energy and inspires conversations ex: Link@Sheraton now at 95% of hotels IV.Sheraton is committed to innovation and the future of meetings. We are exploring modular furniture set ups, more comfortable meeting chairs, and Fit meetings V.Add more value to your meeting with distinctive Starwood and Sheraton meetings offers [10] Sheraton Puerto Rico Hotel & Casino

11. Sheraton currently boasts more than 400 hotels in 75 countries, with 92% global awareness among business travelers – the highest of any hotel brand in the world.

12. Optional Slides

13. Brand Video 1.In advance of meeting, visit www.starwoodassetlibrary.com to download video (asset #89705.) www.starwoodassetlibrary.com 2.Open video in separate window and minimize so it’s ready to go during presentation. Sheraton Dallas Hotel

14. Starwood Convention Collection – Sheraton Hotels North America Sheraton Waikiki Resort Sheraton Wild Horse Pass Resort and Spa Sheraton Phoenix Sheraton Le Centre Montreal Sheraton New York Hotel & Towers Sheraton Centre Toronto Sheraton Puerto Rico Convention Center Sheraton Denver-Downtown Sheraton Vancouver Wall Centre Sheraton Dallas Sheraton Chicago Sheraton Boston Sheraton New Orleans Sheraton Birmingham Sheraton Seattle Sheraton Atlanta Sheraton San Diego Hotel & Marina Sheraton Denver Downtown Hotel

15. Renovated Hotels [15] Sheraton Imperial Hotel and Convention Center Sheraton Gateway Suites Chicago O’Hare Sheraton Gateway Hotel Atlanta Airport Sheraton Universal Hotel Sheraton Suites Old Town Alexandria Sheraton Suites Chicago Elk Grove Sheraton Suites Wilmington Sheraton Suites Columbus Sheraton Suites Country Club Plaza Sheraton Suites Market Center Dallas Sheraton Crescent Hotel Sheraton Suites Galleria, Atlanta Sheraton Birmingham Hotel Sheraton San Diego Hotel & Marina Sheraton Society Hill Hotel Sheraton Norfolk Waterside Hotel Sheraton Tucson Hotel & Suites Sheraton Chicago Hotel & Towers Sheraton Steamboat Resort Sheraton Parkway Toronto North Hotel & Suites Sheraton Colonial Boston North Hotel & Conference Center Sheraton Centre Toronto Hotel Sheraton Fisherman's Wharf Sheraton Houston Brookhollow Hotel Sheraton Milwaukee Brookfield Hotel Sheraton Anchorage Hotel & Spa Sheraton Waikiki Hotel Sheraton Cerritos Hotel Sheraton Boston Hotel Sheraton Raleigh Hotel Sheraton Seattle Hotel & Towers Le Centre Sheraton Sheraton Burlington Hotel & Conference Center Sheraton Commander Hotel Sheraton Vancouver Guildford Hotel Sheraton Reston Hotel Sheraton Ft. Lauderdale Beach Resort (January 6, 2010) Sheraton San Jose Hotel Sheraton Premiere at Tyson's Corner Sheraton Gateway Hotel Toronto Sheraton Albuquerque Uptown Hotel Sheraton Crystal City Hotel Sheraton Grand Hotel, Dallas/Ft Worth Airport Sheraton Sunnyvale Hotel Sheraton Framingham Hotel & Conference Center Sheraton Madison Hotel Sheraton Key West All-Suites Hotel Sheraton Newark Airport Hotel Sheraton Suites Akron/Cuyahoga Falls Sheraton Syracuse University Hotel & Conf. Center Sheraton Providence Airport Hotel Sheraton National Hotel Sheraton Richmond Park South Hotel Sheraton Laval Hotel Sheraton North Houston Hotel Sheraton Mahwah Hotel Sheraton Portland Airport Hotel Sheraton Denver West Hotel Sheraton South Padre Island Beach Hotel and Condominiums Sheraton Charlotte Airport Hotel Sheraton Phoenix Airport Hotel Tempe Sheraton Philadelphia University City Hotel Sheraton Suites Tampa Airport Sheraton Oklahoma City Hotel Sheraton Suites Philadelphia Airport Sheraton Suites Cypress Creek, Ft. Lauderdale Sheraton Chapel Hill Hotel Sheraton Columbia Town Center Hotel Sheraton Edison Hotel Raritan Center Sheraton Atlanta Hotel Sheraton Clayton Plaza Hotel / St. Louis Sheraton Grand Sacramento Sheraton Annapolis Hotel Sheraton Hartford Hotel Sheraton Iowa City Hotel Sheraton Minneapolis West Hotel Sheraton Salt Lake City Hotel Sheraton Wild Horse Pass Resort & Spa Sheraton Overland Park Hotel at the Convention Center Sheraton Tarrytown Hotel Sheraton Baltimore Washington Airport Hotel Sheraton Bellevue Hotel Sheraton Minneapolis Midtown Hotel Sheraton Garden Grove-Anaheim South Hotel Sheraton San Diego Hotel, Mission Valley Sheraton West Des Moines Hotel Sheraton Tampa Riverwalk Hotel Sheraton Jacksonville Hotel Sheraton Rockville Hotel Sheraton Los Angeles Downtown Hotel Sheraton Phoenix Downtown Hotel Sheraton Carlsbad Resort & Spa Sheraton Erie Bayfront Hotel Sheraton Columbia Downtown Hotel Sheraton Ft. Worth Hotel and Spa Sheraton La Jolla Hotel Sheraton Dallas North Hotel Sheraton Suites San Diego at Symphony Hall Sheraton Washington North Hotel Sheraton Charleston Airport Hotel Sheraton Detroit Novi Hotel Sheraton Stonebriar Sheraton St. Paul Woodbury Hotel Sheraton Austin Hotel at the Capitol Sheraton Atlanta Perimeter North Hotel Sheraton Houston West Hotel Sheraton Louisville Riverside Hotel Sheraton Chicago Northbrook Hotel Sheraton Arlington Hotel Sheraton Denver Downtown Hotel Sheraton Dallas Hotel

16. North America Additions [16] Sheraton Hotel Newfoundland Sheraton Herndon Dulles Airport Hotel Sheraton Roanoke Hotel & Conference Center Sheraton Vancouver Airport Hotel Sheraton Toronto Airport Hotel & Conference Centre Sheraton Puerto Rico Hotel & Casino Sheraton Augusta Hotel Sheraton Brooklyn Sheraton Tribeca Sheraton Fort Lee, NJ Sheraton Red Deer, Alberta Canada Sheraton Albuquerque Airport

17. [17] Planner’s Edge On-Site Specialty Events Create a unique & memorable social experience Highly engaging on-site events offering sustainable options Options include team building events, social events, and charitable turnkey offerings Contact your Sales or Convention Services Manager for more details

18. Sheraton Phoenix Downtown Hotel

19. [ 19 ] Sheraton Universal Hotel

20. Sheraton Miramar Hotel & Convention Center

21. [ 21 ] Sheraton Universal Hotel

22. Sheraton Dameisha Resort

23. Sheraton Dubai Creek Hotel and Towers

24. [ 24 ] Sheraton Seattle Hotel

25. Sheraton Zhongshan Hotel

26. Sheraton Hong Kong Hotel & Towers

27. [ 27 ] Sheraton Centre Toronto Hotel

28. [ 28 ] Sheraton Sand Key Resort

29. [ 29 ] Sheraton Sand Key Resort

30. [ 30 ] Sheraton Phoenix Downtown Hotel

31. [ 31 ] Sheraton Waikiki Sheraton Waikiki Hotel

32. Sheraton Bahrain Hotel

33. [ 33 ] Sheraton Overland Park Hotel

34. [ 34 ] Sheraton Dallas Hotel