15th Century Portuguese Landmark Joins Starwood's Prestigious Luxury Collection; Historic Convent to Undergo Complete Renovation and Transformation to a 59-Room Luxury Hotel.WHITE PLAINS, N.Y. -- Starwood Hotels & Resorts Worldwide Inc. (NYSE NYSE See: New York Stock Exchange :HOT) has finalized See finalization. a long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. agreement with SPPTH-Sociedade de Promocao de Projectos Turisticos e Hoteleiros for the exclusive Hotel Convento do Espinheiro to join The Luxury Collection in mid- mid- pref. Middle: midbrain. 2005. The 59-room hotel in Evora, Portugal is part of a 15th century convent convent: see monasticism. that is currently undergoing complete renovation and conversion for use as a hotel. "We are delighted for the Convento do Espinheiro to be joining Starwood's prestigious Luxury Collection," said Roeland Vos, President of Europe, Africa and Middle East Division of Starwood Hotels & Resorts. "It will be a fabulous resort that complements our unique portfolio of existing Luxury Collection properties in Europe. Starwood is very focused on Portugal where we also operate a spectacular Luxury Collection resort in the Algarve, as well as the Sheraton Porto, the Sheraton Lisbon and the soon-to-open Westin Camporeal Golf and Spa Resort." The hotel, formerly the residence of Portuguese kings, is situated in the medieval walled town of Evora, one of Portugal's architectural gems and declared as a UNESCO UNESCO: see United Nations Educational, Scientific, and Cultural Organization. UNESCO in full United Nations Educational, Scientific and Cultural Organization World Heritage Site. Featuring 53 rooms and six suites, the hotel will also offer a wedding pavilion for up to 300 people, a full service spa, flexible meeting and function space accommodating groups from six to 350, an outdoor / indoor pool and tennis. The Luxury Collection, by Starwood Hotels & Resorts, is an elite group of distinctive handpicked hotels from imperial palaces, romantic hideaways, and historical landmarks to tropical resorts that are recognized as some of the finest hotels in the world. With 77 hotels and resorts in 28 countries, each hotel has its own unique qualities, which reflect the essence of the destination and offers grandeur paired with unrivalled personal service and attention to detail. Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 750 properties in more than 80 countries and 110,000 employees at its owned and managed properties. With internationally renowned brands, Starwood is a fully integrated owner, operator and franchisor of hotels and resorts including: St. Regis, The Luxury Collection, Sheraton, Westin, Four Points by Sheraton Four Points by Sheraton is Starwood Hotels & Resorts mid-market hotel brand, targeted towards business travelers and small conventions. Four Points was created by the former ITT Sheraton before Starwood acquired the firm in 1998. , W brands, as well as Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwood.com. * * Journalists Please Note: Join Starwood's Press Release Alert Service to Receive Starwood Company News and Information * * To become a member, simply access the Starwood website, at: www.starwood.com/press Once you reach the home page, enter your e-mail address See Internet address. e-mail address - electronic mail address , and click "Subscribe". |
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