Starwood Vacation Ownership Extends Presence in Mexico

Starwood Vacation Ownership, a division of Starwood Hotels & Resorts Worldwide, revealed plans for its third property in Latin America, The Westin Los Cabos Ocean Villas. The property will be the first vacation ownership resort in Los Cabos, Mexico developed by a major U.S. lodging company.

The vacation ownership resort is adjacent to The Westin Resort & Spa, Los Cabos overlooking the Sea of Cortez. Owners of the Villas will have full access to the hotel’s amenities. Construction and sales of the resort will begin in 2007.

“We are excited to extend our presence in Mexico and build another Westin Vacation Ownership resort adjacent to the renowned Westin Resort & Spa in Los Cabos,” said Sergio Rivera, president of real estate development, Starwood Hotels & Resorts Worldwide, Inc.

“As Starwood is one of the oldest and most prominent hotel companies in the country, Mexico is an important market for us. A vacation ownership resort is a natural compliment to The Westin Resort and offers guests the benefit of owning a piece of one of the world’s premier destinations,” Mr. Rivera added.